China's yuan share of global SWIFT payments dropped from 3.10% to 2.38% in April 2025, falling to sixth place as RMB payment ...

Nearly 25% of Chinese firms report FX losses as the yuan strengthens roughly 6% against the dollar, complicating Beijing's ...

China’s central bank has shifted its attention from volatile crypto currencies like Bitcoin to stablecoins, warning that the tokens represent a deep threat to monetary sovereignty and financial order.

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 ...

China has accused the U.S. of taking $13 billion in Bitcoin (CRYPTO: BTC) linked to a 2020 hack, escalating a cross-border dispute that Washington says is simply a lawful seizure of criminal proceeds.

China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time, as per the latest Reuters report. The step would mark a major reversal in the country's crypto policy, ...

Harvard economist Kenneth Rogoff believes the Chinese yuan will become a global reserve currency within five years. He argues that President Xi Jinping's explicit call for yuan internationalization ...

President Donald Trump said he wants to ensure the United States remains the world leader in crypto, warning that China is trying to seize control of the industry. In an interview on CBS on Sunday, ...

Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a ...

For most of human history, currency was a direct claim on tangible, productive output. Before the abstraction of government fiat or cryptocurrency, value was stored in things that required real work ...

A crypto currency scam investigation in Brookfield leads police to China.