The totally nonsensical “official Chinese Mint crypto” scam, Japan dives into stablecoins, Bithumb chair vindicated: Asia ...

In terms of market traction, in mid-2023, PBOC governor Yi Gang highlighted that the digital yuan had hit 1.8 trillion yuan (US$249 billion) in transactions. By the end of July 2024, that figure ...

Congressman Tom Emmer (MN-06) revived legislation to ban the federal government from issuing a CBDC (central bank digital ...

BEIJING: Chinese merchants are already preparing for the cross-border usage of digital yuan, or e-CNY, at a time when some major central banks in the world have not yet decided to develop their ...

Soon after, China’s yuan overtook the US dollar as the most widely used currency for cross-border transactions in Russia. This marked the digital yuan’s first major alignment with an ...

A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020, with ...

The Promise of CBDC and Gift City’s Role. Is the Digital Rupee ready for real-world testing? At a time when countries like China and the European Union are pioneering their own ...