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 ...

Reports just before the COVID outbreak suggested it could be introduced as soon as this year. Under normal circumstances, a successful digital currency would reduce payment frictions and demonstrate ...

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 e-payments ecosystem is set to step up a level of sophistication as the coronavirus pandemic and deteriorating US-China relations hasten Beijing's plans for a digital fiat currency; ...

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 ...

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 ...

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 ...

For 36 years, Visa has paid hundreds of millions of dollars to be an Olympic sponsor, ensuring its branding is all over stadiums and athletes, and that no one attending or watching the Games even ...

The Chinese central bank, the People’s Bank of China (PBoC), has taken an important step in the development of its digital ...

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 ...

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 ...