Huaxia Bank has issued $637 million in blockchain-based bonds using the digital yuan, China's central bank digital currency.

China’s JD.com and Ant Group are pressing the central bank to permit yuan-based stablecoins to counter the rise of U.S. dollar-linked digital currencies, Reuters reported on Friday. They propose ...

China launched a digital yuan operations center in Shanghai focused on cross-border payments, blockchain services and digital-asset platforms. China’s central bank has opened a new operations center ...

China’s tech firms JD.com and Ant Group have proposed to the country’s central bank to allow the launch of stablecoins in Hong Kong pegged to its offshore yuan. Both companies believe the initiative ...

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 ...

SHANGHAI/BEIJING, June 18 (Reuters) - The head of China's central bank pledged to expand the international use of the digital yuan and called for the development of a multi-polar global currency ...

Conflux Network, a Chinese Layer 1 blockchain, is preparing to roll out a major network upgrade while stepping into the stablecoin arena with a yuan-pegged digital currency designed for international ...

(Reuters) -China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to counter the growing sway of U.S. dollar-linked cryptocurrencies ...

China is taking its first concrete steps toward developing stablecoins linked to the yuan, aiming to counter the rising global dominance of US dollar-backed tokens like USDT and USDC. While the ...

JD.com and Ant Group are reportedly lobbying Chinese regulators to launch yuan-based stablecoins to boost the currency’s global role and counter US dollar-pegged tokens. China’s e-commerce heavyweight ...

Chinese tech giants have applied for stablecoin licences Sources say Chinese policymakers receptive to idea of yuan stablecoin Exporters using Tether, undermining yuan in trade settlement July 3 ...