SHANGHAI, Oct 13 (Reuters) - A Chinese foreign exchange regulator official said "programmable features" of a central bank digital currency (CBDC) could help enhance the effectiveness of monetary ...

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

China was one of the first nations to start working on its CBDC. However, despite the completion of its development, the government has yet to officially launch the CBDC. China is expanding the use ...

A report from Reuters highlighted that a top official from the People’s Bank of China (PBOC) detailed the use of China’s Central Bank Digital Currency, e-CNY in the country during the Beijing Winter ...

PBoC deputy governor Fan Yifei said expanding e-CNY trials to the provinces of Guangdong, Jiangsu, Hebei and Sichuan would happen "at a proper time." The People’s Bank of China, or PBoC, will ...

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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 ...

Bitcoin spurted ahead through much of Wednesday morning, mirroring the performance of equity markets that, for the first time in days, seemed oblivious to the mushrooming tensions on the ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The government has launched the park to bolster the e-CNY ...

China's central bank digital currency (CBDC) reached the milestone of 100 billion yuan (US$13.9 billion) worth of transactions amid a slowdown in uptake, South China Morning Post (SCMP) reported ...