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

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

China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...

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 on the brink of a significant policy shift that may see the introduction of yuan-backed stablecoins, a ...

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of ...

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

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 weighing approval of yuan-backed stablecoins to expand global currency influence, aiming to counter the dominance of US dollar tokens.

In recent years, China has emerged as a formidable force in the global economic landscape, and its ambitions in the ...

China might permit yuan-backed stablecoins. This move aims to enhance the yuan's global presence. The State Council will ...