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President Lee Jae Myung called Beijing an "important cooperative partner in our efforts toward peace and unification on the ...

China's digital yuan now pays interest, breaking global CBDC consensus. As US bans CBDCs, the world's monetary future ...

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 ...

Learn about online lenders offering no-credit-check business loans.

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 will launch a new action plan on January 1 to improve oversight of the digital yuan. The digital yuan is being ...

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

From Jan 1, commercial banks that operate digital yuan wallets will pay interest to clients based on the amount of virtual ...

In September, the central bank also launched a digital yuan operations hub in Shanghai to work on cross-border payments. Credit: RHJPhotos/Shutterstock.com. China plans to start paying interest on ...