China's largest test of its sovereign digital currency ended with 8.8 million yuan (US$1.3 million) being spent in over 62,000 transactions during the week-long trial in Shenzhen. The Shenzhen ...

Overseas visitors will be granted access to China's digital currency without the need to open a local bank account during trials at the 2022 Winter Olympics in Beijing, according to a central bank ...

SHANGHAI/SINGAPORE — Chinese digital currency-related stocks jumped on Monday in a weak broader market, amid the latest measures that China is taking to promote the use of its own central bank digital ...

China’s aim to make an Olympic splash with its digital currency, thwarted by a COVID 19-induced decision to exclude foreign spectators, has been taken up instead by a captive audience of locals unable ...

China's ongoing experiments with a national digital currency could be an attempt to expand its influence over citizens' daily finances, while also serving as a way of expanding control over both ...

The Chinese central bank has a new digital currency chief who says its upcoming digital yuan has features not offered by Facebook Libra. Changchun Mu – previously deputy director of the payments and ...

This month, U.S. lawmakers warned their athletes attending the 2022 Beijing Winter Olympics: do not use China’s new digital currency, or risk being “tracked and traced.” That elicited a response from ...

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

Circle CEO Jeremy Allaire says the U.S. lagging behind China’s development of a national digital currency could alter the way Western companies transfer payments. Speaking on the Global Coin Research ...

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

Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, on Wednesday executed ...

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