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 ...
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 ...
(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 exploring a yuan-backed stablecoin to challenge U.S. financial dominance and promote the renminbi globally. Hong Kong’s Web3 ambitions and China’s digital yuan could drive this initiative, ...
Didi Global reported an 8.6% rise in third-quarter revenue on Wednesday as the international expansion of China's largest ...
Tencent, China's leading game company, saw its overseas revenue rise to more than 20 billion yuan ($2.8 billion) for the ...
From Clearing Ground To Rebuilding. China's central bank has just drawn the contours of its digital-finance strategy for the ...
China has opened a national institute to research how to use cryptography to secure the digital yuan, state-owned People’s Daily reported on Wednesday. The views and opinions expressed herein are the ...
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