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China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote ...
They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...
Such a move would reduce local government debt by replacing it with lower-interest bonds, which could help revive economic activity China should issue 30 trillion yuan (US$4.2 trillion) in treasury ...
China lifted its official yuan midpoint to its strongest since November on Tuesday, but pressured its value versus its major ...
JD.com and Ant Group are urging the PBOC to greenlight a yuan stablecoin to challenge the dominance of the US dollar in ...
Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...
JD.com y Ant Group quieren que el banco central de China apruebe las stablecoins en yuanes offshore en Hong Kong.
SHANGHAI: China’s yuan slipped against the dollar on Thursday, as market participants closely monitored trade negotiations ...
Der Euro ist gegenüber dem chinesischen Yuan auf den höchsten Stand seit über einem Jahrzehnt gestiegen, gestützt durch ...
The online retail platform of tech giant Alibaba announced on Wednesday that it will issue 50 billion yuan in subsidies for ...
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