The digital yuan, China’s pioneering digital currency, is poised to redefine the landscape of international finance. This article delves into its potential for global adoption, examining the ...

Chinese regulators have moved to tighten control over digital assets, banning the unauthorized issuance of yuan-pegged ...

China has banned all crypto-related business activity, clearing the field for its state-backed digital yuan and drawing a hard line on who controls digital money.

China's central bank closed the door on privately issued digital tokens tied to the yuan on Friday, marking the country's ...

Amid global economic uncertainties, Chinese President Xi Jinping said the country needs to build a ‘strong currency’ and aims ...

The journey towards the Digital Yuan began in 2014 when China started researching and experimenting with CBDCs. The motivation behind this digital leap was to enhance financial inclusion, reduce costs ...

China’s digital currency landscape is about to experience its most significant transformation since inception. The People’s Bank of China has quietly prepared groundbreaking changes that will ...

BEIJING/SHANGHAI, Dec 29 - Holdings of China's ‌digital yuan, or e-CNY, will ‌start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up ...

The world of finance is undergoing a profound transformation with the emergence of central bank digital currencies (CBDCs), and one of the most notable developments in this realm is China's Digital ...

The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled. A court in China has sentenced members of a “gang” to prison and the payment of fines for money laundering using the ...