While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow.
China’s digital currency program has completed its first cross-border consumer payment using the digital yuan in Laos. China ...
(Yicai) Dec. 30 -- China’s central bank said banking institutions will be required to pay interest on balances held in ...
The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...
The PBOC is seeking to add interest payments to e-CNY holders, to expand the national use of the digital yuan, while the US ...
From Jan 1, commercial banks that operate digital yuan wallets will pay interest to clients based on the amount of virtual ...
The People's Bank of China will implement a new digital yuan framework on Jan. 1, allowing commercial banks to pay interest ...
China will allow interest on digital yuan in 2026, while cracking down on crypto mining and tokenization activities.
The announcement was made Wednesday by the People’s Bank of China (PBOC) and is part of a broader financial support plan for China’s New ...
The PBOC’s initiative is expected to reshape both the legal and technical structure supporting the digital yuan.
The digital currency race between the U.S. and China is more than a technological arms race. It represents the reordering of global monetary governance. In 2025, China and the United States are ...
PBOC pledges to integrate e-CNY into the New International Land-Sea Trade Corridor, boost adoption in Southeast Asia via ...