While stablecoins may offer new tools for advancing China’s monetary ambitions, their decentralised logic sits uneasily with ...

India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at ...

As U.S.-backed stablecoins gain traction, they threaten to bypass China’s financial controls. The Chinese government is poised to counter with its own tightly regulated digital money.

CFR warns USD stablecoins threaten China’s sovereignty, prompting Beijing to develop state-controlled digital alternatives.

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

Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...

China is reportedly considering allowing yuan-pegged coins, but experts warn the crypto industry shouldn’t get too excited.

(Reuters) -China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major ...

Martin Chorzempa, senior fellow at the Peterson Institute for International Economics, says that the digital renminbi hasn't taken off in China or boosted the internationalization of the currency, but ...

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

BANGKOK: China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its ...

Concern over competitiveness raises possibility of digital currency using public rather than private blockchain ...