China’s push to enhance its global financial influence is gaining momentum, centered on yuan-backed stablecoins. The country aims to position the yuan as a prominent player in international […]
Beijing Court Sentences Defendant for USDT Money Laundering
A recent ruling by the Beijing Second Intermediate People’s Court highlights China’s continued crackdown on cryptocurrency-related illegal activity. Liu was sentenced to three years and six months in […]
China Eyes Yuan-Backed Stablecoins as Policy Shifts
China is exploring the possibility of authorizing yuan-backed stablecoins, potentially signaling a significant policy shift in digital currency regulation. This move comes after years of stringent cryptocurrency restrictions, […]
China Unveils Yuan-Backed Stablecoin Pilot: Global Finance in Flux
China’s pilot program for a yuan-backed stablecoin is poised to reshape global finance, challenging the U.S. dollar’s dominance in cross-border payments. The People’s Bank of China (PBOC) is […]
China Aims to Challenge US Dollar Dominance with Yuan-Backed Stablecoins
China is poised to challenge the US dollar’s dominance in global trade settlements with the launch of yuan-backed stablecoins, a move that could reshape financial landscapes. The State […]
Hong Kong Paves Way for Yuan-Backed Stablecoins to Facilitate International Payments
China’s State Council is set to review a new plan this month that aims to increase the international use of its yuan through stablecoins. The initiative specifically targets […]
China Pushes Yuan-Backed Stablecoins for Global Currency Expansion
China is preparing to launch yuan-backed stablecoins, marking a significant policy shift that aims to bolster the renminbi’s international prominence and challenge US dominance in digital fiat currencies. […]
China Pursues Yuan-Backed Stablecoins for Global Financial Expansion
China’s State Council is poised to approve the use of yuan-backed stablecoins, marking a significant step towards strengthening the global role of the Chinese yuan. This move aims […]
China Considers Greenlighting Yuan-Pegged Stablecoins for Global Adoption
China is taking a more active stance in the stablecoin market, with reports suggesting they may soon authorize yuan-pegged stablecoins for global use. This decision comes as the […]
China mulls first Yuan-Pegged Stablecoin: Could shift global payment flows
Amid a growing international push for stablecoins tied to the US dollar, China is considering allowing the use of yuan-backed stablecoins for the first time. This move would […]
Russia-China Oil Trade: Downward Trend Despite Summer Bump
Despite a brief summer spike, Russia’s oil deliveries to China have continued to decline in 2025, driven by global trade tensions and the threat of US tariffs. Recent […]
China Approves Yuan-Backed Stablecoins: Impact on Global Crypto Market
China is set to potentially approve yuan-backed stablecoins, a significant move with far-reaching implications for the global crypto market. This policy shift marks a departure from China’s previous […]
China Urges Cooperation: Addressing Solar Price Wars
Facing a surge in price wars and excess production capacity, China’s government is taking action. The Ministry of Industry and Information Technology (MIIT) has scheduled meetings with solar […]
China Plots Yuan-Backed Stablecoin to Counter Dollar Dominance
China is exploring a yuan-backed stablecoin for the first time, signaling a significant shift in its digital asset strategy. The move aims to boost the yuan’s global influence […]
China Approves Yuan-Backed Stablecoin Plans, Reshaping Global Crypto Finance
China may soon greenlight yuan-backed stablecoins, marking a potential turning point in global cryptocurrency finance. The State Council is reportedly set to approve a roadmap by the end […]