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Latest cryptocurrency news and articles about china. Stay updated with developments, analysis, and insights.

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Former PBOC Chief Warns Stablecoins May Threaten Financial Stability in China

Former PBOC Chief Warns Stablecoins May Threaten Financial Stability in China

A former governor of the People’s Bank of China warned against calls for the Chinese government to allow yuan‑based stablecoins, citing potential risks to financial stability. Geopolitical Context and...

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1 min
Asia Morning Briefing: Stablecoins Offer Beijing What e-CNY Can’t in Cross-Border Use, Economist Says

Asia Morning Briefing: Stablecoins Offer Beijing What e-CNY Can’t in Cross-Border Use, Economist Says

Dollar dominance thanks to stablecoins is pushing China to explore stablecoins, but capital controls limit the project to Hong Kong’s offshore renminbi market, where liquidity is thin.

CoinDesk logoCoinDesk
1 min