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 ...

While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow.

Beijing is upgrading its digital currency in response to the rise of stablecoins, but the goal is to create a fundamentally ...

Chinas central bank is preparing to strengthen oversight of its digital currency with the release of a new action plan ...

China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...

BEIJING/SHANGHAI, Dec 29 - Holdings of China's digital yuan, or e-CNY, will start generating interest income next year under ...

China's central bank, the People's Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank ...

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

Forbes contributors publish independent expert analyses and insights. I write about global business and investing in emerging markets. Most people who have heard about central bank digital currencies ...

A central bank digital currency would be a liability of the Federal Reserve, not a commercial bank, the Federal Reserve said. Although central bank digital currency is being studied, there have been ...

Russia's Treasury will accept budget payments in digital rubles from January 1, 2026, with the Central Bank projecting the ...

The EU Council endorses the ECB’s digital euro plans and urges strict holding caps to avoid destabilizing banks and turning ...