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Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say
The State Council - China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of ...
As of June, China’s yuan was the sixth most active currency for global payments by value, with a share of around 2.9%, ...
Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...
India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at ...
CFR warns USD stablecoins threaten China’s sovereignty, prompting Beijing to develop state-controlled digital alternatives.
While stablecoins may offer new tools for advancing China’s monetary ambitions, their decentralised logic sits uneasily with ...
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...
China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of ...
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Buckle Up Dollar Bulls, China Is Reportedly Considering Its Own Yuan-Linked Stablecoins
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...
China is reportedly set to review and possibly approve the issuance of Yuan stablecoins to boost global adoption and compete ...
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.
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