The State Council - China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of ...

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.

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

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

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

Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global ...

China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...

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

China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...

China may approve stablecoins backed by the yuan for trade and payments, a major policy reversal after years of crypto ...

China told local brokers and other bodies to stop publishing research or hold seminars to promote stablecoins, seeking to ...