In Asia, stablecoins are gaining significant attention, prompting governments to step in with efforts to regulate the sector.

India's digital rupee goes global with cross-border pilots after 334% growth, yet faces adoption challenges domestically.

India’s RBI will test the digital rupee for cross-border payments in its next CBDC phase, after a 334% rise in circulation and mixed retail uptake.

The RBI reported a surge in e-rupee circulation to Rs 1,016 crore by March 2025, with pilots expanding to 17 banks and 60 ...

Doubts about the dollar's supremacy present a unique opportunity to accelerate the yuan's internationalisation The third and ...

Beijing may now be poised to explore its own version of the stable digital currencies as a strategic counterbalance to ...

The PBoC stated in their press release: “We will steadily promote the development and application of digital RMB.” Three specialized CBDC-based service centers are currently being established at ...

As global momentum appears to be building for the development of central bank digital currencies (CBDCs ... broader goal of internationalizing the Renminbi yuan (RMB). As global momentum ...

On Donald Trump’s return to the White House, he issued an executive order banning a US “digital dollar ... resources dominated by the Chinese yuan. China dominates most of these supply ...

While an increasing number of central banks are shifting their focus from retail to wholesale central bank digital currencies (CBDCs), China’s e-CNY, a retail CBDC, has shown notable ... Yi explained ...

also known as the digital renminbi or digital RMB. Among countries with the largest economies, China has gotten the furthest in developing its CBDC. Nigeria is rolling out the eNaira, which ...