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 ...

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 ...

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 ...

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

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, former head of China's digital currency development, faces prosecution for cryptocurrency bribery and misconduct.

SHANGHAI: China's central-bank digital currency is little used, a former official of the People's Bank of China (PBOC) said on Wednesday, financial news outlet Caixin reported. Expressing ...

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.