The totally nonsensical "official Chinese Mint crypto" scam, Japan dives into stablecoins, Bithumb chair vindicated: Asia ...

Visitors at the Winter Olympics are allowed to convert foreign currencies into the digital version of China’s yuan. WSJ’s Jing Yang exchanges U.S. dollars to buy a cup of coffee to show how ...

In terms of market traction, in mid-2023, PBOC governor Yi Gang highlighted that the digital yuan had hit 1.8 trillion yuan (US$249 billion) in transactions. By the end of July 2024, that figure ...

The digital yuan may be China's challenge against US financial control To gain competitive edge from data Beijing might have another motive in mind for its digital yuan: gathering transaction data.

BEIJING: Chinese merchants are already preparing for the cross-border usage of digital yuan, or e-CNY, at a time when some major central banks in the world have not yet decided to develop their ...

Russia is reportedly utilizing cryptocurrency and stablecoins in its oil trade with China and India to skirt sanctions from ...

China is considering issuing a digital yuan by the 2022 Winter Olympics in Beijing. Here are some of the basics about Japan’s plans. 1. The bank is just paving the way for a decision.

In a decision that has sent shockwaves through global financial markets, U.S. President Donald Trump has announced that the ...

Leading global CBDC rollout is China, where the digital yuan is a key asset in the nation’s race towards a cashless society, led by the likes of WeChat Pay, which transacts over $1bn a day.

We are pressing ahead with high-quality development of Hong Kong’s international financial market,’ financial secretary says.