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Hong Kong dollar stablecoins could become a key link between China's digital yuan and top global digital assets, potentially ...
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 $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...
City could rebuild its role in expediting trade between mainland China and global markets, CEO of United Arab Emirates’ Zand ...
20hon MSN
Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of ...
Hong Kong regulators warn of rising stablecoin scam risks as new rules spark market hype and attract unlicensed, deceptive ...
After securing a virtual asset service provider license in July, a China Merchants Bank subsidiary has opened a Hong Kong ...
Hong Kong's central bank and securities regulator issued a joint warning against speculative trading driven by stablecoin ...
The Hong Kong Securities and Futures Commission imposed instantly effective crypto custody requirements, including a ban on ...
11h
Arabian Post on MSNChina's Stablecoin Shift Could Boost Yuan's Global Reach
China is reportedly on the brink of a significant policy shift that may see the introduction of yuan-backed stablecoins, a ...
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