stablecoins

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Exclusive | Economist Huang Yiping on why China’s AI push must be ‘job-oriented’

Huang Yiping is the dean of Peking University’s National School of Development and a member of the Monetary Policy Committee…

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China’s central bank vows to stamp out ‘illegal activities’ like trading in stablecoins

Beijing has reaffirmed its tough stance on virtual currencies, warning of a resurgence in speculative trading and vowing to stamp…

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Solana event in China cut short as Beijing’s stablecoin warning sparks unease

A Solana-themed event in southern China that was cut short after a local policy inquiry has raised concerns in the…

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China doubles down on crypto crackdown as central bank vows to expand digital yuan

China on Monday reaffirmed its hardline approach towards virtual currencies at home, warning of the risks of stablecoins, despite growing…

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Macroscope | Amid rising volatility, a new gold standard may be closer than we think

Amid all the artificial intelligence-induced euphoria – or irrational exuberance – in stock markets and despite the unease caused by…

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Visa tests pre-funded stablecoins for cross-border payments

Visa is testing a pilot programme that gives financial institutions, banks and remittance providers the option of using pre-funded stablecoins…

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Hong Kong warns against unapproved yuan stablecoins amid crypto frenzy

The Hong Kong Monetary Authority (HKMA) cautioned investors that no stablecoins pegged to the offshore yuan had been approved for…

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Opinion | Why retailers could hold the key to mainstream stablecoin adoption

A T-shirt can travel from Guangzhou to Sydney in less than a week, yet the money to pay for it…

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Yunfeng Financial invests US$44 million in ether amid Hong Kong’s virtual asset push

Yunfeng Financial Group, backed by Alibaba Group Holding founder Jack Ma, said it was investing in the cryptocurrency ether as…

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Former China central bank governor urges caution amid stablecoin frenzy

Former Chinese central bank governor Zhou Xiaochuan has urged a more measured tone amid a global surge of interest in…

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