China quietly prepares yuan stablecoins as 99% of supply minted in dollars

[ad_1] China is evaluating yuan-backed stablecoins for the first time, with the State Council set to review a roadmap on currency internationalization and stablecoin usage later this month, per Reuters. The plan... Read more »

Bitcoin rebounds as traders spot China ‘weaker yuan’ chart, but US trade war caps $80K BTC rally

[ad_1] Bitcoin (BTC) danced around $80,000 at the April 8 Wall Street open as US stock markets staged a fresh recovery, but unresolved tensions between China and the US continue to put... Read more »

China’s Industrial Bank rewards digital yuan spending with carbon credits

[ad_1] The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to... Read more »