China's central bank closed the door on privately issued digital tokens tied to the yuan on Friday, marking the country's ...

China banned unauthorized yuan-pegged stablecoins and related tokenized assets to protect monetary sovereignty.

Analysts say Beijing’s currency strategy reflects broader ambitions to reshape global financial power and insulate its economy from sanctions risk - Anadolu Ajansı ...

China’s digital currency landscape is about to experience its most significant transformation since inception. The People’s Bank of China has quietly prepared groundbreaking changes that will ...

Scott Bessent said China may explore gold-backed digital assets via Hong Kong, signaling a potential challenge to U.S.

PBOC Bans Unapproved Yuan-Pegged Stablecoins In China. The People's Bank of China (PBOC) and seven regulatory agencies issued a joint statement on Friday prohibiting the unapproved issuance of Renminb ...

Like clockwork, China FUD is back just as Bitcoin slips into bear-market territory. Beijing has widened the scope of its ...

(Yicai) Feb. 11 -- Migrant workers at a construction project in western Chengdu have become the first in China to receive their wages in digital yuan, with the transactions made under the guidance of ...

Despite record transactions last year, most users prefer alternatives - while Beijing likely to maintain gradual expansion, analysts say More than a month after China's central bank upgraded the ...

China has banned any foreign entities from issuing stablecoins linked to its yuan without express authorization from Chinese ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...