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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. It also wants to challenge the ...
Two spot bitcoin and ether exchange-traded funds (ETFs) debuted in Hong Kong on Thursday, with the small trading volumes ...
China is weighing a plan to introduce yuan-backed stablecoins as part of a broader push to internationalize its currency, ...
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 ...
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