CNY

Digital yuan holdings to earn interest under China's new framework

The new framework due Jan. 1 will let banks pay interest on clients' e-CNY holdings.

China Should Consider Yuan-Backed Stablecoins Instead of CBDCs, Circle's Allaire Says

Circle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post.

By Sam ReynoldsJul 11, 2023

Jeremy Allaire, CEO of Circle (Danny Nelson/CoinDesk)

Markets

Yuan Trades Now Make Up Over 70% of Bitcoin Volume

The majority of bitcoin transactions over the last 30 days came from yuan trades, it has been announced.

By Nermin HajdarbegovicSep 5, 2014

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Latest Crypto News

Today

3:38 PM

Neutral

BTC0.00%

Crypto winter looms in 2026, but Cantor sees institutional growth and onchain shifts

Cantor Fitzgerald sees early signs of a new crypto winter, but one that’s less chaotic, more institutional, and increasingly defined by DeFi, tokenization and regulatory clarity.

2:46 PM

Positive

BTC0.00%

Bitmine's ether stash tops 4.1 million tokens as crypto and cash holdings reach $13.2 billion

Tom Lee's publicly traded miner and treasury firm said it now controls more than 3% of ether’s total supply and is accelerating staking plans.

2:15 PM

Positive

CoinDesk 20 Performance Update: Polkadot (DOT) Rises 6% Over Weekend

Cardano (ADA) was also a top performer, gaining 4.2% from Friday.

1:44 PM

Neutral

BTC0.00%

Polkadot's DOT dips, with token underperforming wider crypto markets

Currently at $1.84, DOT has support at the $1.83 level and resistance at $1.88.

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