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Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...
Two spot bitcoin and ether exchange-traded funds (ETFs) debuted in Hong Kong on Thursday, with the small trading volumes ...
BANGKOK: China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its ...
India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at ...
China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...
He plans to attend a shareholder meeting of Japanese Bitcoin treasury firm Metaplanet Inc on Sept 1. Read more at ...
The Trump Organisation and Metaplanet did not immediately respond to Reuters requests for comments. The Trump family has ...
12h
Arabian Post on MSNChina's Stablecoin Shift Could Boost Yuan's Global Reach
China is reportedly on the brink of a significant policy shift that may see the introduction of yuan-backed stablecoins, a ...
SHANGHAI (Reuters) -Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a ...
China is considering launching a yuan-backed stablecoin to strengthen the currency’s global influence. The timing aligns with ...
As U.S.-backed stablecoins gain traction, they threaten to bypass China’s financial controls. The Chinese government is poised to counter with its own tightly regulated digital money.
Hong Kong’s Ming Shing Group agrees to acquire 4,250 BTC (~$483 million) using convertible notes and warrants; shares surge, now trading 11% higher at about $1.65.
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