While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow.

China will require banks to pay interest on digital yuan wallets. The move supports e-CNY’s shift toward a digital deposit currency.

Viral “U cards” are quietly onboarding Chinese users to crypto, and the digital yuan can now earn depositors interest at ...

The PBOC is seeking to add interest payments to e-CNY holders, to expand the national use of the digital yuan, while the US ...

This year's IPO billionaires faced significant wealth loss, with average holdings dropping 23% post-debut despite initial ...

China's central bank will implement a major overhaul of its digital currency starting January 1, 2025. The People's Bank of ...

According to Solana co-founder Anatoly Yakovenko, the California tax is “Occam’s razor,” which could force founders to sell ...

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 ...

Bitmine, a company chaired by Tom Lee, purchases $130M in ETH, with 70% of Ethereum circulating run by whale addresses.

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Circle’s USDC stablecoin is facing a significant decline in its circulating supply as the USDC Treasury continues to burn ...