China’s central bank, the People’s Bank of China (PBoC), announced on Monday, December 29, that it will implement a new ...
The People’s Bank of China (PBOC) has unveiled The Action Plan for Further Strengthening the Digital Yuan Management Service ...
China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...
China’s central bank has revealed its plans to develop the capabilities and expand the reach of the digital yuan in 2026. The ...
In an effort to increase adoption of its central bank digital currency (CBDC), China will allow digital yuan users to earn interest on their holdings, according to a report in Bloomberg. Interest ...
BEIJING/SHANGHAI, Dec 29 - Holdings of China's digital yuan, or e-CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up ...
Coinbase's Chief Policy Officer, Faryar Shirzad, warned U.S. lawmakers that they risked handing China a major advantage if ...
China’s central bank, the People’s Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank digital currency (CBDC), the digital yuan (e-CNY). Effective January 1, ...
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 ...