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 ...

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 ...

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 ...

China’s central bank digital currency is known as the digital yuan, e-CNY or e-RMB and despite the hype, it represents a minuscule portion of the money supply and has only been used at any scale a few ...

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, ...

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

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 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 ...

A court in China has sentenced members of a “gang” to prison and the payment of fines for money laundering using the yuan central bank digital currency, according to the local press. The People’s ...

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 ...