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

As global currency competition intensifies in the digital space, Chinese economists are urging a dual-track approach to ...

China is pivoting from its digital yuan (e-CNY) to explore stablecoins amid growing use of USDT and USDC in trade. Hong Kong ...

On August 1, Hong Kong's Stablecoin Ordinance officially came into force, marking the city as the first jurisdiction in Asia ...

China is preparing to launch yuan-backed stablecoins via Hong Kong to cut reliance on US dollar tokens and boost the renminbi ...

In Hong Kong, China is testing stablecoins in fear of capital flight with an aim of challenging the dollar and globalizing ...

Beijing limits the hype in stablecoins to contain the risks. Hong Kong introduces a new issuer regime, establishing a ...

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

At peak, Labubu dolls weren’t just collectibles, they were emotional currency. But the latest drama including the seizure of ...

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

In an industry that saw a major boost during Covid pandemic, companies and youths compete for a growing revenue pie.