Beijing should consider allowing for Chinese Yuan (CNY)-backed stablecoins if it wants to internationalize its currency, Circle CEO Jeremy Allaire said in a recent interview with the South China ...

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China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, in a major reversal of its stance towards digital ...

Around 200 members of staff from a bus company in eastern China were surprised to receive their salary in stacks of one yuan (12p) coins. Staff at Baoying Car Transport General Company have been ...

A passenger in China tossed coins into the engine of a plane for good luck, causing the flight to be grounded. This is a representational image of Chinese one yuan coins in Beijing, Jan.14, 2007.

A petrol station employee in northeastern China surprised a car dealership recently when he bought an SUV with 660,000 yuan worth of coins, state media reported. The man, who only gave his surname as ...