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

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

China told local brokers and other bodies to stop publishing research or hold seminars to promote stablecoins, seeking to rein in the asset class to avoid instability.

China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...

China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...

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

China explores stablecoin options, with Hong Kong as a testing ground. Blockchain platforms like Conflux and Chainmaker can support the plan.

China is considering a shift in its digital asset policy, potentially allowing yuan-backed stablecoins to promote global ...

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

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

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