China's central bank and other regulators issued a statement on Friday banning companies from issuing yuan-pegged tokens or ...

China banned unauthorized yuan-pegged stablecoins and related tokenized assets to protect monetary sovereignty.

China bans unauthorized yuan-linked stablecoins globally, targeting offshore activities while advancing its digital yuan ...

China's central bank closed the door on privately issued digital tokens tied to the yuan on Friday, marking the country's ...

HONG KONG, Feb 6 (Reuters) - China's yuan held a soft tone on Friday, but remained on track for its longest winning streak against the dollar in nearly 13 years buoyed by strong exports. By 0355 GMT, ...

Chinese regulators have locked in a sweeping crypto clampdown, banning unapproved yuan-linked stablecoins and curbing ...

Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the dollar’s decline over the past year. Over the weekend, the ruling Communist ...

BEIJING, Feb 6 (Reuters) - China vowed to further tighten its crackdown on virtual currencies on Friday and banned unauthorised offshore issuance of yuan-pegged stablecoins, according to a notice ...

China tightened curbs on cryptocurrencies and tokenized real-world assets, barring domestic entities from issuing digital tokens overseas and banning the offshore issuance of yuan-linked stablecoins ...

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Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...