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A Chinese brokerage started offering tokenized securities with daily interest in currencies including the US and Hong Kong dollars and offshore yuan, according to a person familiar with the matter.
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to counter the growing sway of U.S. dollar-linked cryptocurrencies ...
The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the euro and China's yuan as the splintering of world trade and ...
Asia-focused investment firm PAG has raised 3.1 billion yuan ($432 million) at the first close of its inaugural yuan-denominated buyout fund, exceeding its target, two people with knowledge of the ...
Home Central banks eye gold, euro and yuan as dollar dominance wanes June 24, 2025 The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback ...
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