After millions were defrauded by a stablecoin-linked investment ploy, local-level governments started sending out warnings.

China mulls yuan-backed stablecoin via state firms, aiming to boost cross-border payments, strengthen economy.

China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...

China is reevaluating its stablecoin policy as Shanghai regulators explore yuan-linked digital asset initiatives.

Shenzhen’s financial authorities issued a new warning about rising stablecoin scams. Citizens were reminded that crypto ...

A Shanghai regulator reportedly held a rare meeting on stablecoins and cryptocurrencies. This comes in when the crypto market ...

Shanghai opens stablecoin talks as Hong Kong prepares yuan-backed token plans and China warns against rising crypto-related ...

China eyes a yuan stablecoin to counter dollar tokens. JD.com and Ant Group back offshore plans via Hong Kong for wider global adoption.

Shenzhen warns against illegal stablecoin schemes, urging citizens to report fraud and adopt rational investment practices.

Authorities cautioned that stablecoin schemes often involve illegal activities like fraudulent fundraising, gambling, pyramid ...

Shanghai State-owned regulator held a meeting to discuss strategic responses to stablecoins amid growing calls to develop a stablecoin pegged to the Chinese yuan.

By taking the lead in enacting stablecoin legislation, the city has, to a certain extent, alleviated the concerns of traditional financial institutions about participating in the stablecoin market.