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China may approve yuan-backed stablecoins to boost global currency use, reversing its crypto ban and challenging dollar dominance.
Wealthy families and investment offices across Asia are stepping up their involvement in cryptocurrencies, encouraged by ...
Legal experts say Roman Storm’s Tornado Cash conviction underscores the ongoing clash between privacy and security, echoing past encryption fights.
Let us remind you that in 2021, China banned the trading and mining of cryptocurrencies, considering them dangerous for the stability of the financial system.
China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status ...
Our valuation model currently does not factor in the value of its tech segment as it is still loss-making, but this is likely to offer upside for investors. ZhongAn owns a 43% stake in ZA Bank, which ...
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 reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...
China might permit yuan-backed stablecoins. This move aims to enhance the yuan's global presence. The State Council will ...
Still, Hong Kong already has stablecoin regulations and some Chinese experts are pushing for regulations to prepare for a possible stablecoin pegged to the yuan. Officials at the People's Bank of ...