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

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.

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

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

Like the mythical Chinese dragon with its camel head, deer horns, snake body, eagle claws, and fish scales, China defies ...

China’s digital yuan, the country’s central bank digital currency (CBDC), is facing significant hurdles in gaining widespread adoption. Despite an ambitious rollout that began in 2019, user reluctance ...

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

Bank of China (Hong Kong) Ltd. (BOCHK) announced that over 380 Circle K stores and 1,200 FreshUp vending machines in Hong ...

China has opened a national institute to research how to use cryptography to secure the digital yuan, state-owned People’s Daily reported on Wednesday. The views and opinions expressed herein are the ...