China signs 26 banks to digital yuan, advances mBridge
China signs 26 institutions for digital yuan cross-border payments as mBridge advances toward rollout, supporting faster transactions and…
Browsing Tag
Digital Yuan
316 posts
China Onboards 26 Global Institutions to Its New Digital Yuan Cross-Border Payment Network
The 26 institutions are Chinese bank branches located in Brazil, Qatar, Thailand, Hong Kong, and Macau, plus China’s…
The End of SWIFT’s Monopoly? China Tees up Commercial Launch of Rival Digital Network
Mbridge, now under Chinese leadership, would be preparing a commercial rollout with a Hong Kong-based entity to promote…
Third White House stablecoin meeting fails to move the needle
Trump family expands crypto ventures at Mar-a-Lago, while White House struggles to resolve stablecoin debates amid industry tensions.…
US can’t solve stablecoin impasse, China can’t shut them down
Stablecoin tensions rise as the U.S. and China clash over regulations, Tether faces reputation issues, and Russia struggles…
Report: China’s Central Bank Leads New Crackdown on Crypto, Stablecoins and Offshore Tokens
China has doubled down on its hardline crypto stance, issuing a fresh multi-agency directive that tightens enforcement and…
Bermuda taking economy onchain thanks to Coinbase, Circle, USDC
Bermuda teams up with Coinbase and Circle to launch an onchain economy and expand USDC payments, while India…
Report: China’s Digital Yuan Processes $55B as Cross-Border CBDC Rails Take Shape
According to a Reuters report citing data compiled by the Atlantic Council, a Washington-based think tank that tracks…
India calls on international community to focus on CBDCs
The RBI emphasizes prioritizing central bank digital currencies over stablecoins to enhance financial stability and maintain trust in…
Coinbase warns Congress not to cross its stablecoin ‘red lines’
Coinbase warns Congress over stablecoin rewards as the RFIA markup stalls, while South Korea’s stablecoin legislation faces another…