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 considering allowing the use of yuan-backed stablecoins, in a move that would represent a reversal in its stance on digital assets, according to a Reuters report citing people familiar with ...

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

China is weighing approval of yuan-backed stablecoins to expand global currency influence, aiming to counter the dominance of US dollar tokens.

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

Critics of stablecoins say that since they are essentially a proxy for ordinary currencies that can bypass banking systems and safeguards set up to manage traditional financial transactions, they may ...

China's potential introduction of yuan-backed stablecoins has sparked global debate about a possible global currency reset, ...

Critics of stablecoins say that since they are essentially a proxy for ordinary currencies that can bypass banking systems ...

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

May, with analysts turning short for the first time amid mounting concerns over the economy, a Reuters poll showed on Thursday.

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...

China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of ...