News

China mulls yuan-backed stablecoin via state firms, aiming to boost cross-border payments, strengthen economy.
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
After millions were defrauded by a stablecoin-linked investment ploy, local-level governments started sending out warnings.
Shenzhen’s financial authorities issued a new warning about rising stablecoin scams. Citizens were reminded that crypto ...
A closed-door meeting by Shanghai regulators hints at how the country is experimenting with stablecoins and digital assets.
The Hong Kong arm of China's second-largest fund firm China Asset Management (ChinaAMC) rolled out on Thursday the world's first renminbi-denominated tokenised money fund. This is the first tokenised ...
China is reevaluating its stablecoin policy as Shanghai regulators explore yuan-linked digital asset initiatives.
Shanghai State-owned regulator held a meeting to discuss strategic responses to stablecoins amid growing calls to develop a stablecoin pegged to the Chinese yuan.
Coinbase is looking to reach a new subset of consumers who aren’t necessarily interested in buying or trading crypto, the ...
China already has de facto stablecoins in the form of WeChat Pay and Alipay, a top economist at the country’s leading investment bank has argued – amid growing calls for Beijing to quickly adapt to ...
BEIJING] China’s tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to counter the growing sway of US dollar-linked cryptocurrencies, ...
JD.com has proposed China allow yuan stablecoin issuance in Hong Kong, before expanding the pilot scheme to offshore markets within China's free trade zones, said a company source, adding the ...