China has long sought to end its dollar dominance. At a summit of the Shanghai Co-operation Organisation in Tianjin on ...

Hong Kong and Shanghai will be the main centers to streamline the implementation of the stablecoin plan. As per DeFiLlama, ...

Chinese court convicts 17 in a USDT money laundering scheme worth 13.3B RMB, highlighting China’s crackdown on illegal crypto ...

The State Council - China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of ...

An official said that officers from crime branch unit XII received a tip off that a call centre was operating from Vihan ...

China tightened the leash on its currency and let the yuan rise sharply against the dollar on September 9, signaling what looks like a new phase in Beijing’s foreign exchange playbook. The People’s ...

In 2025, China and the United States are deepening their rivalry in a new arena: digital currency infrastructure. In May, Hong Kong passed landmark legislation to regulate fiat-referenced stablecoins, ...

Beijing is wary of crypto but may be forced to act, as dollar-backed stablecoins risk deepening US power across global ...

BEIJING — China's central bank has declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block the use of unofficial digital money. Chinese banks ...

Bitcoin sank to a two-week low Monday on reports that China has intensified its crackdown on cryptocurrency mining. The world’s largest digital currency fell as low as $31,760 Monday morning, dropping ...

May 2021 was a dark day for cryptocurrency. In the wake of the unimaginable rise in digital assets, investors have ...