Coinbase CEO Brian Armstrong cited China's CBDC interest policy to argue for US stablecoin yields. Chinese analysts pushed ...

Five years after the Chinese government quashed Ant Group’s plans for what would have been the world’s largest initial public ...

A moviegoer pays with Alipay Tap! at a cinema in Guangzhou, Guangdong province, in November. QIU QUANLIN/CHINA DAILY Alipay has expanded the nation's payment services market, with its new product — ...

The People's Bank of China has officially transitioned its central bank digital currency (e-CNY) into a new era of "digital ...

Banks will let investors use Chinese CBDC to buy stocks and bonds. Digital yuan holders will get 0.05% quarterly interest ...

China’s digital currency program has completed its first cross-border consumer payment using the digital yuan in Laos.

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 ...

CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up efforts to promote the use of its central bank digital currency.

China's central bank announced that, starting January 1, 2026, commercial banks will be permitted to offer interest on ...

While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow.