John Winchcombe
Editor
Thursday, September 25, 2025
Categories
CBDC
CBDC News
Reuters reports that China’s State Council is considering allowing the use of yuan- backed stablecoins. Intended to boost adoption of the yuan globally, this would be a change in policy given that China banned cryptocurrency trading and mining in 2021 due to concerns about the stability of the financial system.
Premium Subscription Required
This article is reserved for our Premium level or higher subscribers
A Premium or higher level subscription gives you access to all the articles on this website.