China might permit yuan-backed stablecoins. This move aims to enhance the yuan's global presence. The State Council will review a plan to compete with ...

SHANGHAI (Reuters) -Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a ...

China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...

China is weighing approval of yuan-backed stablecoins to expand global currency influence, aiming to counter the dominance of US dollar tokens.

China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status ...

China is considering allowing the use of yuan-backed stablecoins, in a move that would represent a reversal in its stance on digital assets, according to a Reuters report citing people familiar with ...

Most recently, China stepped up its efforts to make the Chinese yuan ... and the Council is also looking at allowing the ...

September S&P 500 E-Mini futures (ESU25) are down -0.10%, andSeptember Nasdaq 100 E-Mini futures (NQU25) are down -0.02% this ...

The Rwanda-backed rebel group M23 has denied involvement in recent massacres in eastern Congo. A report by Human Rights Watch ...