In recent years, China has emerged as a formidable force in the global economic landscape, and its ambitions in the ...

Concern over competitiveness raises possibility of digital currency using public rather than private blockchain ...

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

Last month, the US passed a landmark stablecoin law, and that has prompted a lot of these ... I mean, different countries are operating at different speeds. China already has a digital yuan. It runs ...

India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at ...

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

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.

China is weighing a plan to introduce yuan-backed stablecoins as part of a broader push to internationalize its currency, ...

China may approve yuan-backed stablecoins to boost global currency use, reversing its crypto ban and challenging dollar dominance.

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.

Our valuation model currently does not factor in the value of its tech segment as it is still loss-making, but this is likely to offer upside for investors. ZhongAn owns a 43% stake in ZA Bank, which ...