Let us remind you that in 2021, China banned the trading and mining of cryptocurrencies, considering them dangerous for the stability of the financial system.

Ming Shing Group Holdings, a Hong Kong wet trade works contractor listed on the Nasdaq, sealed a $483 million agreement to purchase 4,250 BTC using convertible debt and stock warrants.

China is reportedly on the brink of a significant policy shift that may see the introduction of yuan-backed stablecoins, a move designed to bolster the international standing of its currency. With ...

BANGKOK—China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the overwhelming ...

Citigroup has said it is considering offering custody and payment services for stablecoins and crypto-backed exchange-traded funds (ETFs) as Wall Street ...

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 ...

Bitcoin prices have been hitting record highs this month, surpassing $124,000. Hong Kong's recent passage of its stablecoin legislation has also fuelled a wave of crypto enthusiasm. "The momentum has ...

SHANGHAI (Reuters) -Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a ...

China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...

Still, Hong Kong already has stablecoin regulations and some Chinese experts are pushing for regulations to prepare for a possible stablecoin pegged to the yuan. Officials at the People's Bank of ...

China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.