Amid global economic uncertainties, Chinese President Xi Jinping said the country needs to build a ‘strong currency’ and aims ...
The technology allows the authorities to not only track where money is going, but also programme how it flows. Read more at ...
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 ...
Beijing is betting hard on the digital yuan. China is promoting its CBDC on a global stage in 2026. But will it really ...
China is about to turn its central bank digital currency from a quiet pilot into a fully fledged piece of the financial system, with 2026 set as the year the project stops being an experiment and ...
By Marc Jones LONDON, Jan 16 (Reuters) - Transactions on a new China-led digital currency platform have surged to over $55 billion, a new report shows, the latest sign that efforts to build ...
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 ...
China’s central bank, the People’s Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank digital currency (CBDC), the digital yuan (e-CNY). Effective January 1, ...
Yao Qian was removed from the Communist Party in 2024. Investigators say he took bribes in Ethereum. Former subordinate admits setting up a wallet for Yao’s bribes.
LONDON, Jan 16 (Reuters) - Transactions on a new China-led digital currency platform have surged to over $55 billion, a new report shows, the latest sign that efforts to build alternatives to dollar ...
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