China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars— up from 20% in 2022. Alarmed by the ...

Beijing turns Crypto into tools of power projection, reshaping wartime finance and challenging U.S. monetary dominance.

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

BEIJING -- China's digital RMB ecosystem has been established in preliminary terms, with cumulative transactions reaching ...

PBOC chief Pan Gongsheng warns of stablecoin risks, pledges wider e-CNY use and tighter oversight of virtual currencies.

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

France has taken a bold step that could reshape Europe’s monetary direction. Lawmakers in the National Assembly have adopted ...

While the United States has turned away from the concept of a retail central bank digital currency (CBDC), other jurisdictions, such as Europe and China, have embraced it. As has been reported, a ...

SHANGHAI, Feb 22 (Reuters) - The online bank backed by Alibaba's fintech giant Ant Group (688688.SS), opens new tab has joined China's digital yuan pilot programme, it said on Monday, as the Beijing's ...