The UAE completed its first-ever cross-border payment to China using digital currency, executed by Sheikh Mansour through the ...

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 ...

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

The United Arab Emirates and China have marked a historic milestone in global financial innovation with the UAE executing its ...

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

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, ...

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

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 ...

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 is testing a digital yuan, aiming to accelerate the replacement of cash and increase state control in a society where digital payments via Wechat Pay and Alipay are already the norm. Here’s what ...