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China is considering a yuan-backed stablecoin to boost its global currency influence. On this week’s Byte-Sized Insight ...
China is reportedly considering allowing yuan-pegged coins, but experts warn the crypto industry shouldn’t get too excited.
The State Council - China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of ...
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 ...
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.
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
The GENIUS Act's passage caught many in Europe off guard and sparked concerns dollar-backed stablecoins could tighten America ...
China might permit yuan-backed stablecoins. This move aims to enhance the yuan's global presence. The State Council will ...
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 ...
China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...