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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.
China is considering allowing the use of yuan-backed stablecoins, in a move that would represent a reversal in its stance on digital assets, according to a Reuters report citing people familiar with ...
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 review a plan to compete with ...
China launched its own digital yuan, the e-CNY issued by its central bank, on a trial basis in 2019.View on euronews ...
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.
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's potential introduction of yuan-backed stablecoins has sparked global debate about a possible global currency reset, ...
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of ...
China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...
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