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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.
The ETFs, launched by MicroBit Capital Management, track the US dollar prices of their underlying cryptocurrencies – bitcoin and ether.
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 ...
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 ...
Citigroup has said it is considering offering custody and payment services for stablecoins and crypto-backed exchange-traded funds (ETFs) as Wall Street ...
The Rwanda-backed rebel group M23 has denied involvement in recent massacres in eastern Congo. A report by Human Rights Watch ...