China and the United Arab Emirates have jointly completed their first-ever cross-border payment using central bank digital ...
Central bank digital currency has the potential to reshape global finance, but risks eroding democracy and economic ...
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...
As we accelerate into an all-electric, all-digital age, the ultimate representation of productive capacity becomes the ...
In 2025, China and the United States are deepening their rivalry in a new arena: digital currency infrastructure. In May, Hong Kong passed landmark legislation to regulate fiat-referenced stablecoins, ...
In 2017, the Chinese government was the largest cryptocurrency market in the world. It is estimated that as many as 80 percent of all Bitcoin transactions were taking place in Chinese currency, the ...
China finds itself in a strong position to release its central bank digital currency, the eCNY, following successful trials. The completion of the eCNY trials coincides with the rollout of... We use ...
Emmer's proposed bill requires Congressional authorization for any CBDC, ensuring it emulates the characteristics of traditional cash. Emmer strongly opposes the surveillance potential of CBDCs, ...
The digital currency would operate outside Swift but still have access to American banks.
The UAE completed its first-ever cross-border payment to China using digital currency, executed by Sheikh Mansour through the ...