・The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on verified e-CNY accounts will link the digital yuan to traditional deposits and ...

The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government. Hua Xia Bank, a publicly traded financial institution linked to ...

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 central bank governor has laid out an ambitious plan to reshape the global financial system, calling for a shift away from dollar dominance and urging wider international adoption of the ...

Chinese tech giants JD[dot]com and Alibaba affiliate Ant Group are pressuring the People’s Bank of China to authorize yuan-based stablecoins. The companies are proposing to launch an offshore yuan in ...

The People’s Bank of China set the strongest reference rate for the currency in almost three years.