The technology allows the authorities to not only track where money is going, but also programme how it flows. Read more at straitstimes.com. Read more at straitstimes.com.
By Marc Jones LONDON, Jan 16 (Reuters) - Transactions on a new China-led digital currency platform have surged to over $55 ...
As BRICS nations now account for nearly half of global gold production and command a sizable share of official gold reserves, China’s digital currency initiative could reshape how countries think ...
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 ...
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 ...
For decades, the United States dollar has been more than just a currency — it has been the bedrock of global trade, finance, and power. Washington’s ability to weaponize the dollar — from freezing ...
China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports. By Keith Bradsher Reporting from Beijing A night at the ...
Monday - Friday, 10:00 - 11:00 SIN/HK | 0400 - 05:00 CET U.S. President Donald Trump said he wants to keep America “number one” in cryptocurrencies, framing digital assets as part of the broader ...
The conventional wisdom among China watchers has long been that China will not allow a substantial appreciation of the yuan because its still hobbled domestic economy needs the boost from exports.
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