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 ...

Discover the types of digital currencies, their characteristics, advantages, and drawbacks. Explore how they lower ...

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 overwhelming sway of ...

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, ...

‘The dollar is the reserve currency of the world and the CCP wants to undermine our leadership with a digital currency,’ Sen. Rick Scott said. Sen. Rick Scott (R-Fla.) has reintroduced legislation to ...

SHANGHAI, June 16 (Reuters) - China's digital yuan operation centre signed direct participant agreements with 26 financial institutions ‌in Shanghai on Tuesday, aiming to expand low-cost, ‌efficient ...

While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow. Reading time 2 minutes In an effort to increase adoption of its central bank ...

LONDON, Jan 16 (Reuters) - Transactions on a new China-led digital currency platform have surged to over $55 billion, a new report shows, the latest sign that efforts to build alternatives to ...

Forbes contributors publish independent expert analyses and insights. On January 1, 2026, the People’s Bank of China began paying interest on digital yuan balances held in user wallets. To some, it ...

For years, the Chinese Communist Party (CCP) has positioned the digital yuan (e-CNY) as the ultimate weapon of financial totalitarianism. It was intended to be the crowning achievement of the ...