While crypto trading is banned in mainland China, brokerages have received a wave of requests for information on stablecoin ...

The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration ...

Ant Group has dismissed speculation that it is collaborating with the People’s Bank of China to issue a rare earth-backed RMB ...

China’s financial regulators directed local companies to suspend all stablecoin-related research and events, warning of risks ...

Ant Group posted on Weibo, stating that it took note of online claims suggesting Ant Group, in collaboration with the ...

China tightens control over stablecoins, ordering brokerages and research institutions to stop promoting them due to concerns ...

China explores stablecoin options, with Hong Kong as a testing ground. Blockchain platforms like Conflux and Chainmaker can ...

Chinese financial regulators have instructed local brokerages to halt publishing studies or hosting seminars that promote ...

China wants to roll out its first stablecoins to push the renminbi into more global markets and challenge the dominance of ...

Chinese financial regulators have directed major domestic brokerages and think tanks to halt the publication of research ...

In particular, the rise of stablecoins pegged to the US dollar is reshaping the global currency competition landscape.