Viral “U cards” are quietly onboarding Chinese users to crypto, and the digital yuan can now earn depositors interest at ...
While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow.
The PBOC is seeking to add interest payments to e-CNY holders, to expand the national use of the digital yuan, while the US ...
China will require banks to pay interest on digital yuan wallets. The move supports e-CNY’s shift toward a digital deposit currency.
China's central bank, the People's Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank ...
China will begin paying interest on digital yuan holdings as part of a policy change aimed at integrating e-CNY into the ...
China's central bank will implement a major overhaul of its digital currency starting January 1, 2025. The People's Bank of ...
Questions around the reliability of the US greenback are dulling the luster of what was the world’s currency of trade. New, ...
China’s central bank has set a 2026 rollout timeline for digital yuan infrastructure, signaling faster CBDC adoption and ...
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China’s digital yuan set to shift from cash-like tool to deposit-based currency: report
The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...
The People's Bank of China will implement a new digital yuan framework on Jan. 1, allowing commercial banks to pay interest ...
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