China and the United Arab Emirates have jointly completed their first-ever cross-border payment using central bank digital ...

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

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

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 UAE has completed its first-ever cross-border payment using digital currency, led by Sheikh Mansour bin Zayed, Vice ...

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

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, ...

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 ...

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

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 ...