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 ...

CFR warns USD stablecoins threaten China’s sovereignty, prompting Beijing to develop state-controlled digital alternatives.

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

While stablecoins may offer new tools for advancing China’s monetary ambitions, their decentralised logic sits uneasily with ...

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

Martin Chorzempa, senior fellow at the Peterson Institute for International Economics, says that the digital renminbi hasn't taken off in China or boosted the internationalization of the currency, but ...

China is reportedly considering allowing yuan-pegged coins, but experts warn the crypto industry shouldn’t get too excited.

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

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

The European Union is now rushing to build a digital euro before U.S. dominance in crypto becomes permanent. This came after ...