The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1535 as compared ...

China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...

As China’s post-pandemic recovery falters and deflationary signals deepen, the People’s Bank of China (PBoC) has begun ...

JD.com and Ant Group lobby China’s central bank to approve offshore yuan stablecoins, boosting yuan’s role in global payments ...

China is under increasing pressure from prominent economists and policy advisers to explore using stablecoins for ...

BEIJING, July 4 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, on Friday began to solicit public opinions on a set of draft rules for the Cross-Border Interbank Payment ...

China’s central bank has asked European financial institutions for advice on dealing with the effects of low interest rates, ...

China’s central bank explores stablecoins for cross-border payments despite crypto ban. This follows US moves to regulate and promote dollar-backed stablecoins.

China faces growing calls from policy advisers and economists to explore using stablecoins for cross-border payments, as the ...