Overview China banned Cryptocurrency mainly to protect financial stability and keep control over the monetary system.Bitcoin and Crypto Trading were declared il ...

China has banned all crypto-related business activity, clearing the field for its state-backed digital yuan and drawing a hard line on who controls digital money.

Chinese regulators have widened the nation's crypto crackdown to include stablecoin issuances and real-world asset (RWA) ...

China’s central bank closed the door on privately issued digital tokens tied to the yuan on Friday, marking the country’s firmest stance yet against cryptocurrencies that mimic its national currency.

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

Treasury Secretary Scott Bessent told the Senate Banking Committee he “would not be surprised” if China was building digital ...

BEIJING — China's central bank has declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block the use of unofficial digital money. Chinese banks ...

U.S. Treasury secretary Scott Bessent has warned he wouldn’t be surprised if China is building a U.S. dollar and bitcoin ...

Add Yahoo as a preferred source to see more of our stories on Google. Ex-Chinese central bank digital yuan chief took $8m in crypto bribes, says state. The former head of the Chinese central bank’s ...

Digital yuan hongbao now comes with interestChinas banks are rolling out digital yuan red envelopes (hongbao) and payment discounts ahead of Lunar New Year to boost consumption.Red envelopes are a ...

Bitcoin meandered in the $111,000 region as trading volume declined sharply. Spot exchange-traded funds linked to the asset recorded net outflows of more than $90 million on Oct. 15, according to SoSo ...