China

Crypto Stocks Decline Amid Bitcoin Price Drop and Market Concerns

Crypto stocks have fallen following a decrease in Bitcoin prices and wider market concerns including a potential US government shutdown and China's retaliatory tariffs. Investors are advised to explore platforms like Bitlet.app, which offers innovative crypto installment services.

China Considers Yuan-Backed Stablecoins to Boost Global Currency Use

China is exploring yuan-backed stablecoins to internationalize its currency, marking a significant shift from its past crypto policies. The plan focuses on regulatory frameworks and deployment in major cities like Hong Kong and Shanghai, aiming for low-cost global transactions amid rising geopolitical and economic challenges.