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 ...
The initiative will pilot the digital yuan in retail and event-based settings, incorporating it in everyday transactions. Local authorities will pair digital currency usage with infrastructure ...
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 overwhelming sway of ...
(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 ...
China has opened a national institute to research how to use cryptography to secure the digital yuan, state-owned People’s Daily reported on Wednesday. The views and opinions expressed herein are the ...
SHANGHAI/BEIJING (Reuters) -The head of China's central bank pledged to expand the international use of the digital yuan and called for the development of a multi-polar global currency system, where ...
As China accelerates deployment of its digital yuan, and the European Central Bank advances toward a digital euro, the Republican Party is seeking to prevent the creation of a Central Bank Digital ...