For mobile app payments — shops in China, from supermarkets and convenience stores to market stalls, accepts WeChat and ...
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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 ...
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 ...
Coinbase warns US risks losing its digital finance edge to China as stablecoin regulations and CBDC competition intensify.
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.
China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...
The PBOC’s initiative is expected to reshape both the legal and technical structure supporting the digital yuan.