The world’s first regulated offshore yuan-linked stablecoin launched in Kazakhstan and it’s not merely a fintech experiment.
The launch of the world's first regulated offshore yuan-linked stablecoin in Kazakhstan this month is part of Beijing's plan to use the blockchain technology for cross-border trade, an executive at a ...
Chinese telecommunications company Huawei is integrating the digital yuan central bank digital currency (CBDC) into its HarmonyOS NEXT operating system, according to the local press. The integration ...
China’s Communist Party sees U.S. dollar stablecoins as a growing global threat. A government report urges expanding digital yuan use beyond retail transactions. The U.S. is advancing stablecoin ...
China’s digital yuan will utilize smart contracts, and will be built to counter Alipay-like payment platforms designed by the privately-owned conglomerates, former People’s Bank of China director Yao ...
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what would represent a significant departure from its previous stance on ...
(Reuters) -China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to counter the growing sway of U.S. dollar-linked cryptocurrencies ...
Republican senators have drafted a bill that would ban China's digital yuan from app stores. Apple and Google would be barred from hosting apps that accept digital yuan as a form of payment. Marco ...
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