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

China may approve yuan-backed stablecoins, signaling a major policy shift that could challenge dollar dominance and reshape ...

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

The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...

China is reportedly on the brink of a significant policy shift that may see the introduction of yuan-backed stablecoins, a ...

China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...

As of June, China’s yuan was the sixth most active currency for global payments by value, with a share of around 2.9%, ...

India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at ...

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

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

China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy.

The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration ...