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BRICS payments system now connects to 185 countries
The BRICS-linked Cross-Border Interbank Payments System (CIPS) has expanded across 185 countries, allowing international payments in Chinese yuan without using the U.S. dollar, according to data from ...

Hong Kong’s HKMA targets unregulated stablecoins
The Hong Kong Monetary Authority (HKMA) has warned investors that it has not approved any stablecoin issuers in Hong Kong. The regulatory body has labelled the marketing of the products as illegal. Ac...

Hong Kong Monetary Authority Warns Against Unregulated Stablecoin Issuance
The warning comes after AnchorX, a Hong Kong-based firm, announced a stablecoin called AxCNH, pegged to the offshore Chinese yuan.

Yuan Stablecoin Unveiled: AnchorX’s Crucial Kazakhstan Licensing Confirmed
BitcoinWorld Yuan Stablecoin Unveiled: AnchorX’s Crucial Kazakhstan Licensing Confirmed The world of digital finance is constantly evolving, and regulatory clarity is paramount. Recently, a significan...