The State Council - China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of ...

In a major reversal of its stance towards digital assets, China’s State Council plans to approve new yuan internationalisation plan later this month ...

Hong Kong and Shanghai will be the main centers to streamline the implementation of the stablecoin plan. As per DeFiLlama, ...

Like a 21st-century space race, the world's biggest economic powers are staking their claim in a little-known digital ...

The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration ...

China is considering a yuan-backed stablecoin to boost its global currency influence. On this week’s Byte-Sized Insight ...

China is considering launching a yuan-backed stablecoin to strengthen the currency’s global influence. The timing aligns with ...

China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of ...

Chinese officials have taken steps for months to crack down on cryptocurrencies, with mixed effects. On Friday, they tried to erase any doubts about their intentions. In statements that were the ...

This article is more than 3 years old. The pandemic upped demand for digital currency in China, as elsewhere. But in June, authorities banned crypto mining.