The deputy director of China's National Laboratory of Finance and Development reportedly says that the country should expand ...

In response to the rising influence of U.S. dollar-pegged cryptocurrencies, a Chinese Communist Party-backed publication ...

China has the digital renminbi, also known as the digital yuan. Residents in China can use digital currency just like they ...

China is increasing its efforts to strengthen its digital yuan. It aims to challenge US dollar-pegged stablecoins in world ...

In 2020, Fan Yifei, then deputy governor of the People’s Bank of China, boasted that the digital renminbi would provide the central bank with access to full transaction data, allowing artificial ...