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 ...

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 ...

China is reportedly on the brink of a significant policy shift that may see the introduction of yuan-backed stablecoins, a ...

The special administrative region has become a pioneer in institutional and technological innovation. Its recent initiative represents a significant opportunity for the region and a crucial step in ...

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

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’s top leadership could hold a meeting to discuss stablecoins by the end of this month, according to a report published ...

There’s a quiet change sweeping China’s economy. The Asian giant is slowly but steadily pushing forward with digital currencies — there are reports that it is even considering a yuan-pegged stablecoin ...

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