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.

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

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

Bitcoin prices have been hitting record highs this month, surpassing $124,000. Hong Kong's recent passage of its stablecoin legislation has also fuelled a wave of crypto enthusiasm. "The momentum has ...

SHANGHAI (Reuters) -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 ...

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

Still, Hong Kong already has stablecoin regulations and some Chinese experts are pushing for regulations to prepare for a ...

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 ...