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 ...

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 ...

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 ...

China is the biggest country in the world regarding population and intelligence because many intelligent minds are constantly working to make advanced technology, which can help them make their ...

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

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 ...

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 ...