The interlinking between the UAE’s Instant Payment System and China’s Internet Banking Payment System enables users in both ...

BANGKOK (AP) — 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 ...

Central bank digital currency has the potential to reshape global finance, but risks eroding democracy and economic ...

The digital currency would operate outside Swift but still have access to American banks.

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, ...

Shanghai - In China's commercial hub Shanghai, six big state banks are quietly promoting digital yuan ahead of a May 5 shopping festival, carrying out a political mandate to provide consumers with a ...

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 ...