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China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...
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.
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 ...
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Is This the End of US Dollar Dominance? China, India Take Steps to Trade in Their Own Currencies
A stablecoin is a cryptocurrency that is tied to the value of ... that allow foreign banks to do business in rupees. The ...
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 ...
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Asia's wealthy investors seek more crypto in portfolios
"Many second- and third-generation individuals of family offices are starting to learn about and participate in virtual currencies," said Lu Zijie, head of wealth management at UBS China ... Kong's ...
The ETFs, launched by MicroBit Capital Management, track the US dollar prices of their underlying cryptocurrencies – bitcoin and ether.
The Rwanda-backed rebel group M23 has denied involvement in recent massacres in eastern Congo. A report by Human Rights Watch ...
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