The deputy director of China's National Laboratory of Finance and Development reportedly says that the country should expand ...
Cryptopolitan on MSN8d
China urges expansion of digital yuan usage beyond retail to challenge U.S. dollar stablecoinsChina is increasing its efforts to strengthen its digital yuan. It aims to challenge US dollar-pegged stablecoins in world ...
China’s Communist Party sees U.S. dollar stablecoins as a growing global threat. A government report urges expanding digital ...
China, known for having one of the strictest stances on cryptocurrencies, is aggressively promoting the digital yuan with the ...
ECB officials are pushing for a digital euro to counter US dollar stablecoin dominance and reduce reliance on American ...
This article by Kirill Yurovskiy explores the future of digital currencies, their implications for global economics, and how ...
Zhang suggests developing central bank digital currencies (CBDC) in China, as the digital yuan is currently limited to use cases. And also to promote the development of Chinese stablecoins: to expand ...
The report showed that in 2024, China's digital industry generated 35 trillion yuan ($4.8 trillion) in business revenue, up 5.5% year on year. Profits rose 3.5% to 2.7 trillion yuan. The sector ...
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