For the last few years, China’s central bank has been trying to ramp up the adoption of digital yuan, or e-CNY, which forms part of the country’s monetary base, M0. The bank has a designated app for e ...

Forbes contributors publish independent expert analyses and insights. Roger Huang writes about Bitcoin and its wider impact on society. Central bank digital currencies have been a new phenomenon.

Some China watchers have recently sounded the alarm that the digital yuan, a central bank digital currency, is poised to challenge the U.S. dollar's dominance in the global financial system. Could ...

A central bank digital currency is a digital form of central bank money that is widely available to the general public, according to the Federal Reserve. Most Americans already hold money in mostly ...

A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic payment access around the Federal Reserve. Republican lawmakers pushed the ban ...

What is the digital yuan? The digital yuan, also known as the e-CNY and digital renminbi, is a central bank digital currency (CBDC) issued by China’s central bank, the People’s Bank of China (PBOC).