China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...

They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...

China is under increasing pressure from prominent economists and policy advisers to explore using stablecoins for ...

At this year's Lujiazui Forum, China's central bank governor Pan Gongsheng announced bold new steps to promote the digital yuan , China's central ban ...

The head of China's central bank pledged to expand the international use of the digital yuan and called for the development of a multi-polar global currency system, where several currencies dominate ...

Ant Group plans to tap USDC for cross-border payment and treasury operations since it offers faster and more regulated ...

JD.com y Ant Group quieren que el banco central de China apruebe las stablecoins en yuanes offshore en Hong Kong.

As the People’s Bank of China seeks a bigger role for the yuan on the global stage, ignoring stablecoins could put the ...

China accelerates digital yuans internationalization to counter dollar dominance Chinas digital yuan initiatives aim to reshape global currency dynamics and reduce reliance on the dollar.

China’s tech firms JD.com and Ant Group have proposed to the country’s central bank to allow the launch of stablecoins in Hong Kong pegged to its offshore yuan. Both companies believe the initiative ...

The State-owned Assets Supervision and Administration Commission calls on state-backed firms to study the role of digital ...

The world of finance is shaking up as central banks worldwide speed up exploration and creation of CBDCs (Central Bank ...