Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...

India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at ...

China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status ...

An update from Zhong Hua International Holdings Limited ( ($HK:1064) ) is now available. Zhong Hua International Holdings Limited has announced a ...

CFR warns USD stablecoins threaten China’s sovereignty, prompting Beijing to develop state-controlled digital alternatives.

(Reuters) -Embattled Chinese property developer Country Garden on Friday warned of a bigger loss for the first half of fiscal ...

Of all the seismic geopolitical shifts in recent years, perhaps the most striking is the West’s rapid decline as a force in ...

China is reportedly considering allowing yuan-pegged coins, but experts warn the crypto industry shouldn’t get too excited.

“NIB printed quite a few callables,” Hellerup said. “From around mid-June to August NIB printed about €250m in private ...

BEIJING, Aug. 22 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 34 pips to 7.1321 against the U.S. dollar Friday, according to the China Foreign Exchange ...

Japan has extended up to Sh21.7 billion (25 billion yen) in Samurai financing to Kenya to support the country’s vehicle ...

While stablecoins may offer new tools for advancing China’s monetary ambitions, their decentralised logic sits uneasily with ...