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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 told local brokers and other bodies to stop publishing research or hold seminars to promote stablecoins, seeking to rein in the asset class to avoid instability.
In Hong Kong, China is testing stablecoins in fear of capital flight with an aim of challenging the dollar and globalizing ...
Chinese firms sold a record USD132.5 billion in USD-RMB options in H1 2025 as exporters leveraged low Chinese yuan volatility to hedge currency risk and boost returns. Despite greenback weakness, many ...
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Korea JoongAng Daily on MSNCash goes digital in North Korea as country embraces online payments, ATMsElectronic payments appear to be gaining traction in Pyongyang, North Korea, according to a new report. “Globally expanding ...
The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration ...
This note explores the implementation of central bank digital currencies in environments with limited connectivity, emphasizing the need for offline solutions to enhance financial inclusion. It ...
China is pivoting from its digital yuan (e-CNY) to explore stablecoins amid growing use of USDT and USDC in trade. Hong Kong ...
China is preparing to launch yuan-backed stablecoins via Hong Kong to cut reliance on US dollar tokens and boost the renminbi ...
XXKK Exchange, a leading global cryptocurrency trading platform, today announced the launch of its localized fiat deposit and withdrawal services in India. This upgrade fully integrates UPI, IMPS, ...
The SEC and CFTC turf war over crypto ends with the White House digital assets report, and the US is sprinting to claim the lead in the crypto race.
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