digital yuan

In an effort to offer an alternative amid the global rise of stablecoins – cryptocurrencies pegged to a reference asset,…

In an effort to further promote the internationalisation of China’s currency, Beijing has pledged to expand the use of its…

China has announced a new policy package to boost household spending by tightening coordination between commerce and financial regulators, expanding…

Beijing has reaffirmed its tough stance on virtual currencies, warning of a resurgence in speculative trading and vowing to stamp…

The Chinese yuan’s share in global foreign exchange (forex) trading climbed to 8.5 per cent this year while maintaining its…

China is stepping up efforts to encourage the use of its digital yuan in cross-border payments and overseas markets, offering…

The State-owned Assets Supervision and Administration Commission (SASAC) in Shanghai said SOEs must “maintain a keen awareness of emerging technologies”…

A Beijing-based fintech services provider, which has provided billing systems for China’s digital yuan, has signed a strategic partnership with…

China already has de facto stablecoins in the form of WeChat Pay and Alipay, a top economist at the country’s…

Hong Kong will assess the risks and study Beijing’s monetary policies before launching yuan-pegged stablecoins to bolster the internationalisation of…