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Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...
Two spot bitcoin and ether exchange-traded funds (ETFs) debuted in Hong Kong on Thursday, with the small trading volumes ...
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 ...
BANGKOK: China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its ...
India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at ...
The growing interest comes as Bitcoin recently hit an all-time high of over $124,000. New rules, such as Hong Kong’s ...
China is reportedly on the brink of a significant policy shift that may see the introduction of yuan-backed stablecoins, a ...
He plans to attend a shareholder meeting of Japanese Bitcoin treasury firm Metaplanet Inc on Sept 1. Read more at ...
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 considering launching a yuan-backed stablecoin to strengthen the currency’s global influence. The timing aligns with ...