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In a sign of changing winds in China’s strict crypto stance, Shanghai’s top state-owned assets regulator has held high-level talks about stablecoins and digital currencies, an unusual move in a ...
As the People’s Bank of China seeks a bigger role for the yuan on the global stage, ignoring stablecoins could put the ...
However, fiat-backed stablecoins, which are backed by real-world assets, currently dominate the market. Tether’s USDT and Circle’s USDC, the two largest stablecoins, collectively account for more than ...
China signals softer stance on stablecoins as Shanghai pushes research, Ant Group and JD.com back yuan coins to rival ...
If Congress passes the GENIUS Act, banks will be allowed to issue their own cryptocurrency, as long as it’s tied to a stable ...
China is reevaluating its stablecoin policy as Shanghai regulators explore yuan-linked digital asset initiatives.
A Shanghai regulator said it held a meeting this week for local government officials to consider strategic responses to ...
Ant International, the overseas arm of Ant Group, has refuted reports that it is in talks with Circle Internet Financial to integrate USDC stablecoin into ...
Shanghai opens stablecoin talks as Hong Kong prepares yuan-backed token plans and China warns against rising crypto-related ...
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