While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow.
Beijing is upgrading its digital currency in response to the rise of stablecoins, but the goal is to create a fundamentally ...
CHINA is about to start paying interest on its official digital currency in a fresh push to get more people to use it after about a decade of development and testing. From January 1, commercial banks ...
Chinas central bank is preparing to strengthen oversight of its digital currency with the release of a new action plan ...
China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...
China's central bank, the People's Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank ...
(Yicai) Dec. 30 -- China’s central bank said banking institutions will be required to pay interest on balances held in ...
China will allow interest on digital yuan in 2026, while cracking down on crypto mining and tokenization activities.
China is set to launch an action plan on January 1, 2026 for yuan, aiming to strengthen digital currency’s management and ...
China’s push comes as households have increased their savings and loan growth has weakened to record-low levels at commercial ...
Forbes contributors publish independent expert analyses and insights. I write about global business and investing in emerging markets. Most people who have heard about central bank digital currencies ...
The EU Council endorses the ECB’s digital euro plans and urges strict holding caps to avoid destabilizing banks and turning ...