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China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.
Wealthy Asian families and family offices are ramping up their cryptocurrency investments, driven by the bullishness around digital assets, increased mainstream adoption and favourable regulatory ...
In a recent interview, PBOC advisor Huang Yiping told local media that an offshore yuan stablecoin in Hong Kong is "a possibility". Separately, Hong Kong's long-awaited stablecoin ordinance took ...
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...