Beijing has reaffirmed its tough stance on virtual currencies, warning of a resurgence in speculative trading and vowing to stamp…
Read More »digital yuan
The Chinese yuan’s share in global foreign exchange (forex) trading climbed to 8.5 per cent this year while maintaining its…
Read More »
China is stepping up efforts to encourage the use of its digital yuan in cross-border payments and overseas markets, offering…
Read More »
The State-owned Assets Supervision and Administration Commission (SASAC) in Shanghai said SOEs must “maintain a keen awareness of emerging technologies”…
Read More »
A Beijing-based fintech services provider, which has provided billing systems for China’s digital yuan, has signed a strategic partnership with…
Read More »
China already has de facto stablecoins in the form of WeChat Pay and Alipay, a top economist at the country’s…
Read More »
Hong Kong will assess the risks and study Beijing’s monetary policies before launching yuan-pegged stablecoins to bolster the internationalisation of…
Read More »
Market discussions about the recent rise of Chinese artificial intelligence (AI) dark horse DeepSeek have taken on a new dimension,…
Read More »
The expansion of China’s digital yuan and financial technology are helping to boost yuan settlements in the crude trade and…
Read More »
China should promote its indigenous cross-border interbank system to reduce risks to its financial security, a senior researcher for a…
Read More »