Over 60% of foreign bank reserves are denominated in dollars. China's digital RMB could challenge the world's currency ...
Despite record transactions last year, most users prefer alternatives – while Beijing likely to maintain gradual expansion, ...
China's central bank closed the door on privately issued digital tokens tied to the yuan on Friday, marking the country's ...
Chinese regulators have moved to tighten control over digital assets, banning the unauthorized issuance of yuan-pegged ...
Beijing is betting hard on the digital yuan. China is promoting its CBDC on a global stage in 2026. But will it really ...
BEIJING, Feb 6 (Reuters) - China vowed to further tighten its crackdown on virtual currencies on Friday and banned unauthorised offshore issuance of yuan-pegged stablecoins. Authorities will also ...
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 ...
Despite record transactions last year, most users prefer alternatives - while Beijing likely to maintain gradual expansion, analysts say More than a month after China's central bank upgraded the ...
On Jan. 1, 2026, China made its digital yuan interest-bearing. Fourteen days later, the U.S. Senate postponed a critical vote ...
Overview China banned Cryptocurrency mainly to protect financial stability and keep control over the monetary system.Bitcoin and Crypto Trading were declared il ...
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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