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Hong Kong dollar stablecoins can help mainland China’s only legal digital currency better position itself globally.
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
The ETFs, launched by MicroBit Capital Management, track the US dollar prices of their underlying cryptocurrencies – bitcoin and ether.
Hong Kong passed a stablecoin law on August 1, trialling HKD Stablecoin in Sandbox to link digital yuan, expanding its global influence and reducing the dollar's role.
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...
China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...
China is considering yuan-backed stablecoins to boost global use of its currency, marking a major policy shift from its crypto ban. Hong Kong, Shanghai to lead rollout.
Wealthy Asian families and family offices are ramping up their cryptocurrency investments, driven by the bullishness around ...
Timeless Resources Holdings Limited ("Timeless", Stock Code: 8028.HK), Eddid Financial 's subsidiary Eddid Securities and Futures, and HashKey Group 's HashKey Chain have signed a strategic ...
In a recent interview, PBOC advisor Huang Yiping told local media that an offshore yuan stablecoin in Hong Kong is "a ...