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

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 ...

Tether and Circle, which went public during a blockbuster IPO, dominate the $250 billion stablecoin market, which is up 22% ...

As of June, China’s yuan was the sixth most active currency for global payments by value, with a share of around 2.9%, ...

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

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.

China is reportedly set to review and possibly approve the issuance of Yuan stablecoins to boost global adoption and compete ...

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

China has long aspired for the yuan to achieve global currency status, akin to the dollar or euro, reflecting its weight as ...

China considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered ...

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