Ming Shing Group Holdings, a Hong Kong wet trade works contractor listed on the Nasdaq, sealed a $483 million agreement to purchase 4,250 BTC using convertible debt and stock warrants.

China is weighing a plan to introduce yuan-backed stablecoins as part of a broader push to internationalize its currency, ...

Still, Hong Kong already has stablecoin regulations and some Chinese experts are pushing for regulations to prepare for a possible stablecoin pegged to the yuan. Officials at the People's Bank of ...

China may approve yuan-backed stablecoins to boost global currency use, reversing its crypto ban and challenging dollar dominance.

Let us remind you that in 2021, China banned the trading and mining of cryptocurrencies, considering them dangerous for the stability of the financial system.

Our valuation model currently does not factor in the value of its tech segment as it is still loss-making, but this is likely to offer upside for investors. ZhongAn owns a 43% stake in ZA Bank, which ...

China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status ...

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

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

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

Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a Reuters report signalled ...

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