Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...

CFR warns USD stablecoins threaten China’s sovereignty, prompting Beijing to develop state-controlled digital alternatives.

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

Ethena Labs has announced that its namesake protocol has crossed $500 million in cumulative revenue, news that coincides with ...

China is considering launching a yuan-backed stablecoin to strengthen the currency’s global influence. The timing aligns with ...

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

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

On August21, MetaMask to roll out mUSD stablecoin with Stripe’s Bridge on the Ethereum and LineaBuild networks ...

As equities wobble, crypto is doing the opposite, snapping back from August lows with Bitcoin, Ethereum, Dogecoin, and XRP ...

China may approve yuan-backed stablecoins, signaling a major policy shift that could challenge dollar dominance and reshape ...

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.