The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...

China is about to turn its central bank digital currency from a quiet pilot into a fully fledged piece of the financial ...

CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China ...

China is set to launch an action plan on January 1 to enhance the management and operations of its digital currency, ...

China will on January 1 launch an action plan for boosting management and operations of its digital currency, a deputy ...

China’s push comes as households have increased their savings and loan growth has weakened to record-low levels at commercial ...

China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...

China set the yuan’s daily reference rate at a level that was below market estimates by a record margin, in the latest sign ...

In well-connected circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the country’s growth.

(Reuters) -China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major ...