China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars— up from 20% in 2022. Alarmed by the ...

Beijing’s policymakers are recasting digital money as a tool of national power. A recent study in Study Times describes ...

BEIJING -- China's digital RMB ecosystem has been established in preliminary terms, with cumulative transactions reaching ...

Beijing turns Crypto into tools of power projection, reshaping wartime finance and challenging U.S. monetary dominance.

China’s digital yuan, the country’s central bank digital currency (CBDC), is facing significant hurdles in gaining widespread adoption. Despite an ambitious rollout that began in 2019, user reluctance ...

Fresh off meeting Chinese President Xi Jinping, U.S. President Donald Trump is talking about keeping the U.S. ahead of China in the world of digital assets.

PBOC chief Pan Gongsheng warns of stablecoin risks, pledges wider e-CNY use and tighter oversight of virtual currencies.

People’s Bank of China Governor Pan Gongsheng said the central bank will continue to crack down on virtual currency ...

While the United States has turned away from the concept of a retail central bank digital currency (CBDC), other jurisdictions, such as Europe and China, have embraced it. As has been reported, a ...

China has opened a national institute to research how to use cryptography to secure the digital yuan, state-owned People’s Daily reported on Wednesday. The views and opinions expressed herein are the ...

SHANGHAI, Feb 22 (Reuters) - The online bank backed by Alibaba's fintech giant Ant Group (688688.SS), opens new tab has joined China's digital yuan pilot programme, it said on Monday, as the Beijing's ...