Market optimism for the Chinese currency continues to rise, with analysts projecting the yuan to appreciate further against ...

China already has de facto stablecoins in the form of WeChat Pay and Alipay, a top economist at the country’s leading ...

The GENIUS stablecoin bill could open the floodgates to Big Tech stablecoins, but there’s debate whether they’ll see ...

As U.S. President Donald Trump’s tariff policy takes some sheen off the dollar, often considered a safe haven, China wants to ...

Lawmaker Johnny Ng said he believes that the newly-launched Payment Connect system could gradually be expanded to cover more ...

China is launching a sweeping campaign to promote the yuan’s global role, seizing what officials see as a rare strategic ...

Stablecoins offer stable store of value and low-cost cross-border transfers. But they also weaken local monetary policies ...

From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote ...

The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...

China is expanding the geographical coverage of its yuan-based international payment system, adding banks in Central Asia and other regions. The growing reach ...