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 ...

according to the Atlantic Council’s Central Bank Digital Currency tracker. Some countries, including China, India, Nigeria and the Bahamas, have already rolled out digital currencies.

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

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

Central banks have been pondering wheter and how to adapt. One possibility is central bank digital currency (CBDC)-- a widely accessible digital form of fiat money that could be legal tender. This ...

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

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 ...

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.

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.

The digital yuan is a form of central bank digital currency, which is issued by the People's Bank of China (PBOC). China's digital currency is a means for China to digitize its banknotes and coins ...

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 ...