China’s central bank has shifted its attention from volatile crypto currencies like Bitcoin to stablecoins, warning that the ...
China has drawn a bright red line under its long running campaign against private digital money, declaring that ...
China doubles down on crypto ban, warns against stablecoins, as Hong Kong-listed firms with digital asset exposure see sharp ...
In 2025, China and the United States are deepening their rivalry in a new arena: digital currency infrastructure. In May, Hong Kong passed landmark legislation to regulate fiat-referenced stablecoins, ...
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 ...
Huaxia Bank has issued $637 million in blockchain-based bonds using the digital yuan, China's central bank digital currency.
Hua Xia Bank, a commercial bank operating in China, has successfully issued $600 million in tokenized yuan-backed bonds to ...
In 2017, the Chinese government was the largest cryptocurrency market in the world. It is estimated that as many as 80 percent of all Bitcoin transactions were taking place in Chinese currency, the ...
Current political and economic issues succinctly explained. Controlling access to money is no longer the exclusive privilege of the sovereign. Instead, access to money is increasingly governed through ...