BANGKOK — 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 and challenge the ...
Discover the real story behind the May 2021 cryptocurrency crash, which wiped out $1 trillion in global market value. This ...
(Reuters) -China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major ...
China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. Stream Los Angeles News for free, 24/7, wherever you are. The moves aim at ...
China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, in a major reversal of its stance towards digital ...
From Clearing Ground To Rebuilding. China's central bank has just drawn the contours of its digital-finance strategy for the ...
Didi Global reported an 8.6% rise in third-quarter revenue on Wednesday as the international expansion of China's largest ...
The digital currency would operate outside Swift but still have access to American banks.