The People's Bank of China will implement a new digital yuan framework on Jan. 1, allowing commercial banks to pay interest ...

Chinas central bank is preparing to strengthen oversight of its digital currency with the release of a new action plan ...

Binance Coin was trading higher after China Properties Investment announced that it will add BNB to its treasury reserves. ・The People's Bank of China and seven other government ministries have made ...

SHANGHAI/BEIJING, June 18 (Reuters) - The head of China's central bank pledged to expand the international use of the digital yuan and called for the development of a multi-polar global currency ...

China launched a digital yuan operations center in Shanghai focused on cross-border payments, blockchain services and digital-asset platforms. China’s central bank has opened a new operations center ...

China’s JD.com and Ant Group are pressing the central bank to permit yuan-based stablecoins to counter the rise of U.S. dollar-linked digital currencies, Reuters reported on Friday. They propose ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...

China has long pushed back against digital currencies, but that might be changing. For years, Beijing’s position on digital assets seemed resolute: cryptocurrencies were a threat to financial ...

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic imbalances and tight capital controls will keep the currency from truly ...

Chinese tech giants have applied for stablecoin licences Sources say Chinese policymakers receptive to idea of yuan stablecoin Exporters using Tether, undermining yuan in trade settlement July 3 ...

Hua Xia Bank, a publicly traded financial institution linked to China’s government, issued 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to reduce clearing friction by ...