Yuan-Pegged Stablecoins On The Horizon As Beijing Rethinks Policy
Beijing is weighing a plan that could let yuan-backed stablecoins be used more widely outside China. The move would be ...
Tag: Yuan
Bitcoin Surge Could Be Fueled By China’s Yuan Devaluation: Arthur Hayes
The ongoing trade dispute between the United States and China has rattled global markets and might be driving investors toward ...
Digital Yuan Gifts In China During Holiday To Increase Adoption, Report Says
Recent events in China indicate the country's paradigm shift concerning digital currency. The digital yuan (e-CNY) is gradually forming a ...
China Seeks To Reduce Dependence On Dollar, Proposes To Issue An Asian Yuan
Amid the ongoing global CBDCs adoption, China proposes an Asian-wide digital currency to reduce the continent's economic reliance on the ...
Here’s Why The Digital Yuan Is The Opposite Of Bitcoin
The Digital Yuan is imminent. The time for Central Bank Digital Currencies is near us. Sooner than later, CBDCs will ...
Bitcoin Demand in China High Even as Yuan Eyes Best Quarter on Record
Bitcoin traders used to treat a weaker yuan as their cue to increase their exposure in the cryptocurrency. But it ...
U.S. Sanctions against China Tailwind for Bitcoin’s Bullish Moves
Bitcoin anticipates market growth as White House National Security Advisor Robert O’Brien threatens China with economic sanctions over Hong Kong national ...
PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks
People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced ...
