China’s Communist Party sees U.S. dollar stablecoins as a growing global threat. A government report urges expanding digital ...
BEIJING, March 31 (Xinhua) -- China will issue 500 billion yuan (about 69.7 billion U.S. dollars) of special treasury bonds to support large state-owned commercial banks in replenishing their core ...
China is increasing its efforts to strengthen its digital yuan. It aims to challenge US dollar-pegged stablecoins in world ...