Two spot bitcoin and ether exchange-traded funds (ETFs) debuted in Hong Kong on Thursday, with the small trading volumes ...

China may approve yuan-backed stablecoins to boost global currency use, reversing its crypto ban and challenging dollar dominance.

Hong Kong is expected to play a central role if Beijing approves yuan stablecoins. The territory implemented a stablecoin law ...

Wealthy families and investment offices across Asia are stepping up their involvement in cryptocurrencies, encouraged by ...

Let us remind you that in 2021, China banned the trading and mining of cryptocurrencies, considering them dangerous for the stability of the financial system.

Still, Hong Kong already has stablecoin regulations and some Chinese experts are pushing for regulations to prepare for a ...

Our valuation model currently does not factor in the value of its tech segment as it is still loss-making, but this is likely to offer upside for investors. ZhongAn owns a 43% stake in ZA Bank, which ...

SHANGHAI (Reuters) -Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a ...

China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...

China might permit yuan-backed stablecoins. This move aims to enhance the yuan's global presence. The State Council will ...

China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.