China is in the process of setting up a sovereign digital currency, which will function like cash. The digital currency comes with benefits as well as misconceptions, such as that the currency will ...

Beijing’s policymakers are recasting digital money as a tool of national power. A recent study in Study Times describes ...

BANGKOK (AP) — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...

People’s Bank of China Governor Pan Gongsheng said the central bank will continue to crack down on virtual currency ...

In 2017, the Chinese government was the largest cryptocurrency market in the world. It is estimated that as many as 80 percent of all Bitcoin transactions were taking place in Chinese currency, the ...

The monopoly of dollar is now facing an unprecedented challenge. US President Donald Trump has repeatedly slammed the BRICS, accusing the organisation of attempting de-dollarisation. India's trade ...

In 2025, China and the United States are deepening their rivalry in a new arena: digital currency infrastructure. In May, Hong Kong passed landmark legislation to regulate fiat-referenced stablecoins, ...

Throughout history, control over money has been one of the most powerful levers of state authority. What does this mean in ...

Yao Qian, the former head of the Science and Technology Supervision Department of the China Securities Regulatory Commission (CSRC) and a key figure in China's digital currency development, is now at ...

HONG KONG (Reuters) - 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 ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...

HONG KONG (Reuters) - 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 ...