The US is considering promoting global dollar adoption to counter China’s growing influence in the currency market.
China and South Korea have signed a new five-year bilateral currency swap agreement worth 70 trillion won ($49.24 billion / ...
Tectonic geopolitical and economic shifts are underway. Investors need to consider a full range of tools when positioning ...
Work is underway to replace payment models of SWIFT and others with a much more convenient digital currency system via the central banks, head of the Russian Union of Industrialists and Entrepreneurs ...
Researchers from Peking University say their resistive random-access memory chip may be capable of speeds 1,000 faster than the Nvidia H100 and AMD Vega 20 GPUs.
When Mohammad Alhawi, undersecretary of the Ministry of Investment of the United Arab Emirates (UAE), talked of the "natural ...
China's central bank boss really, really doesn't like stablecoins and crypto, Japanese yen comes to DeFi: Asia Express.
China has approved the transfer agreement for the short video app TikTok, U.S. Treasury Secretary Scott Bessent said on ...
Although e-CNY testing continues and monetary authorities have not yet set the final launch date, enterprises in the e-CNY ...
Five sentenced in Beijing for illegal foreign exchange using USDT, involving over $166M in cross-border transfers.
BEIJING -- China's digital RMB ecosystem has been established in preliminary terms, with cumulative transactions reaching ...
The People’s Bank of China has established a Digital Yuan Operation and Management Center in Beijing, a move designed to ...