China’s central bank, the People’s Bank of China (PBoC), announced on Monday, December 29, that it will implement a new ...

China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...

Coinbase's Chief Policy Officer, Faryar Shirzad, warned U.S. lawmakers that they risked handing China a major advantage if ...

China to begin paying interest on digital yuan in 2026, shifting e-CNY from digital cash to digital deposit currency.

The People's Bank of China will implement a new digital yuan framework on Jan. 1, allowing commercial banks to pay interest ...

While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow.

China's central bank, the People's Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank ...

China has long pushed back against digital currencies, but that might be changing. For years, Beijing’s position on digital assets seemed resolute: cryptocurrencies were a threat to financial ...

Yuexiu and Nansha Districts have been designated as pilot zones to test central bank digital currency (CBDC) applications. These initiatives include partial salary payments for public officials and ...