News and analysis on China's progress in developing a sovereign digital currency, including the latest trials and its potential impact on the global financial system....more (US$3.1 million ...

There is little need to invent tensions, such as with the Chinese digital currency. The eCNY continues to be a trailblazer as a central bank-backed digital currency, even if it’s not quite ready ...

But now he sees a new force emerging - a payment system created by the Chinese state and known as Digital Currency Electronic Payment (DCEP). It's really a digital version of China's official ...

China's central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin. "Virtual currency-related business activities are ...

There is little need to invent tensions, such as with the Chinese digital currency. The eCNY continues to be a trailblazer as a central bank-backed digital currency, even if it’s not quite ready ...

and the Bank of China, are promoting a hardware version of the country’s digital currency – a SIM-based e-CNY payment service – as an alternative to existing mobile payment apps. With China ...

HONG KONG--China's digital currency will create a "horse race" when it is launched as commercial banks and other institutions compete to provide the best services using the new form of money ...

Alibaba owns the South China Morning Post. Since first piloting the digital currency in late 2019, Beijing has been ramping up efforts to expand the project, officially named Digital Currency ...

Yao Qian is accused of abusing his position at the China Securities Regulatory Commission in a ‘severe breach of duty’.

SHANGHAI: China needs to become the first nation to issue a digital currency in its push to internationalise the yuan and reduce its dependence on the global dollar payment system, a commentary ...

A Shenzhen court has ruled that cryptocurrency, including USDT, cannot serve as a legal form of wage payment under Chinese ...

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.