Yao Qian, the former head of the digital currency wing of the People's Bank of China, has been found guilty of taking a bribe ...

China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...

China’s central bank has revealed its plans to develop the capabilities and expand the reach of the digital yuan in 2026. The policy statement follows earlier reports of the first cross-border ...

BEIJING/SHANGHAI, Dec 29 - Holdings of China's ‌digital yuan, or e-CNY, will ‌start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up ...

The People’s Bank of China (PBOC) has unveiled The Action Plan for Further Strengthening the Digital Yuan Management Service ...

China’s digital currency landscape is about to experience its most significant transformation since inception. The People’s Bank of China has quietly prepared groundbreaking changes that will ...

China’s digital currency program has completed its first cross-border consumer payment using the digital yuan in Laos. China is attempting to spread the use of its digital yuan through fast and easy ...

In an effort to increase adoption of its central bank digital currency (CBDC), China will allow digital yuan users to earn interest on their holdings, according to a report in Bloomberg. Interest ...

The People's Bank of China (PBOC) will launch a new digital yuan framework on Jan. 1, letting commercial banks pay interest on holdings in a move to incentivize broader adoption of the central bank ...

China’s central bank, the People’s Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank digital currency (CBDC), the digital yuan (e-CNY). Effective January 1, ...