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

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

Talk of a State Council plan on yuan internationalisation fuels speculation, as Hong Kong rolls out stablecoin rules and the U.S. pushes ahead with crypto laws.

China launched its own digital yuan, the e-CNY issued by its central bank, on a trial basis in 2019.View on euronews ...

China's potential introduction of yuan-backed stablecoins has sparked global debate about a possible global currency reset, ...

Critics of stablecoins say that since they are essentially a proxy for ordinary currencies that can bypass banking systems ...

China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.

Fintech and stablecoin-concept shares were among the biggest winners in morning deals, after Reuters reported, citing sources ...

May, with analysts turning short for the first time amid mounting concerns over the economy, a Reuters poll showed on Thursday.

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

China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of ...

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