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China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy.
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...
Treasury Cabinet Secretary (CS) John Mbadi has revealed that Kenya is negotiating with China to extend repayment terms and ...
Kenya is in talks with China to convert a dollar-denominated railway loan into Chinese yuan, an aide to the Finance Minister ...
Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to ...
Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global ...
There’s a quiet change sweeping China’s economy. The Asian giant is slowly but steadily pushing forward with digital currencies — there are reports that it is even considering a yuan-pegged stablecoin ...
The State Council - China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of the currency globally, including catching up with a U.S. push on stablecoins.
(Reuters) -Bearish bets on China's yuan hit their highest since mid-May, with analysts turning short for the first time amid mounting concerns over the economy, a Reuters poll showed on Thursday.
Talk of a State Council plan on yuan internationalisation fuels speculation, as Hong Kong rolls out stablecoin rules and the U.S. pushes ahead with crypto laws.
The yuan may see further gains past 7 against the dollar, according to a top Chinese economist, as debate grows among market ...
China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.