The monopoly of dollar is now facing an unprecedented challenge. US President Donald Trump has repeatedly slammed the BRICS, accusing the organisation of attempting de-dollarisation. India's trade ...

Beijing’s policymakers are recasting digital money as a tool of national power. A recent study in Study Times describes ...

BANGKOK (AP) — 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 ...

People’s Bank of China Governor Pan Gongsheng said the central bank will continue to crack down on virtual currency ...

In 2025, China and the United States are deepening their rivalry in a new arena: digital currency infrastructure. In May, Hong Kong passed landmark legislation to regulate fiat-referenced stablecoins, ...

In 2017, the Chinese government was the largest cryptocurrency market in the world. It is estimated that as many as 80 percent of all Bitcoin transactions were taking place in Chinese currency, the ...

Throughout history, control over money has been one of the most powerful levers of state authority. What does this mean in ...

China's 15th Five-Year Plan, then, is more than just another national development program. It is the foundation for a new ...

Shanghai - In China's commercial hub Shanghai, six big state banks are quietly promoting digital yuan ahead of a May 5 shopping festival, carrying out a political mandate to provide consumers with a ...

China finds itself in a strong position to release its central bank digital currency, the eCNY, following successful trials. The completion of the eCNY trials coincides with the rollout of... We use ...

Current political and economic issues succinctly explained. Controlling access to money is no longer the exclusive privilege of the sovereign. Instead, access to money is increasingly governed through ...

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 ...