China’s biggest messenger WeChat said ... Only merchants that accept e-CNY will be taking payments in the central bank digital currency, according to WeChat’s announcement.

China’s digital yuan was seemingly born out of a desire to centralize a payment system dominated by the tech companies Alibaba and Tencent. According to its central bank, the digital currency ...

The announcement sent immediate ripples across the global cryptocurrency markets. Bitcoin saw a sharp dip following the news, ...

China’s central bank asked its major lenders to raise the share of yuan when facilitating cross-border trade, in its latest ...

As CBDCs evolve from concept to reality, governments worldwide are accelerating regulatory frameworks to ensure their safe ...

A central bank digital currency (CBDC) is a form of digital currency ... The BRICS countries—Brazil, Russia, India, China, and South Africa—are exploring a CBDC. One example of a failed ...

As in some many cutting-edge sectors, China’s relationship with cryptocurrencies is defined by the competing forces of ...

Project mBridge, a collaboration launched in 2021 between the BIS and the central banks of China, Hong Kong ... powers about Putin's cross-border digital currency ambitions, he said.

the Central Bank of the United Arab Emirates, the People's Bank of China, the Hong Kong Monetary Authority and the Bank of Thailand. There are additionally 26 observer members in the project, ...

China's biggest messenger WeChat said Wednesday ... Only merchants that accept e-CNY will be taking payments in the central bank digital currency, according to WeChat's announcement.

A central bank digital currency (CBDC) is a digital version of ... of the Bahamas through authorized financial institutions. China is testing a digital yuan, also known as the digital renminbi ...