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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 considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered ...
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Cryptopolitan on MSNChina to legalize yuan-pegged stablecoins this month after 12-year crypto ban
China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...
China sees USD stablecoins as a threat to the dollar's control, a US policy group. Beijing to crack down on digital yuan.
China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status ...
As of June, China’s yuan was the sixth most active currency for global payments by value, with a share of around 2.9%, ...
Hong Kong and Shanghai will be the main centers to streamline the implementation of the stablecoin plan. As per DeFiLlama, ...
India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at ...
4don MSN
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 ...
Like a 21st-century space race, the world's biggest economic powers are staking their claim in a little-known digital ...
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 ...
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