News

Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
China might permit yuan-backed stablecoins. This move aims to enhance the yuan's global presence. The State Council will ...
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 ...
China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...
The State Council - China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of ...
China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy ...
China may approve stablecoins backed by the yuan for trade and payments, a major policy reversal after years of crypto ...
China is considering allowing the use of yuan-backed stablecoins for the first time, in what would be a sharp reversal of its ...
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.
China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...