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China is considering launching a yuan-backed stablecoin to strengthen the currency’s global influence. The timing aligns with ...
The Arizona Democrat courted big-money donors, including executives and lobbyists from major financial and crypto firms, as ...
China is reportedly on the brink of a significant policy shift that may see the introduction of yuan-backed stablecoins, a ...
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...
Hong Kong’s Ming Shing Group agrees to acquire 4,250 BTC (~$483 million) using convertible notes and warrants; shares surge, now trading 11% higher at about $1.65.
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.
China is weighing a plan to introduce yuan-backed stablecoins as part of a broader push to internationalize its currency, ...
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Why China is expanding into digital currencies
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 ...
Wealthy families and investment offices across Asia are stepping up their involvement in cryptocurrencies, encouraged by ...
Legal experts say Roman Storm’s Tornado Cash conviction underscores the ongoing clash between privacy and security, echoing past encryption fights.
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.
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Naharnet on MSNChina expands into digital currencies, hoping to promote use of its 'people's money'
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 and challenge the overwhelming sway of ...
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