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

Hong Kong and Shanghai will be the main centers to streamline the implementation of the stablecoin plan. As per DeFiLlama, the total stablecoin market is worth more than $275 billion at the time of ...

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

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

China considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered ...

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

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

From why China might be considering the use of yuan-backed stablecoins, to the latest Russia-related sanctions imposed by ...