Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...

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 considering launching a yuan-backed stablecoin to strengthen the currency’s global influence. The timing aligns with ...

BANGKOK: China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its ...

The special administrative region has become a pioneer in institutional and technological innovation. Its recent initiative represents a significant opportunity for the region and a crucial step in ...

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.

Concern over competitiveness raises possibility of digital currency using public rather than private blockchain ...

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...

EU considers public blockchains for digital euro after US stablecoin law passes, hoping to maintain euro competitiveness against dollar dominance.

The GENIUS Act's passage caught many in Europe off guard and sparked concerns dollar-backed stablecoins could tighten America’s grip on cross-border payments.

MetaMask has launched MetaMask USD ($mUSD), a wallet-native stablecoin, as stablecoin adoption surges with USDT and USDC dominance.