The Bank for International Settlements (BIS) on Wednesday (Oct. 26) published a report on Project mBridge, a four-nation collaborative pilot for cross-border central bank digital...
Chinese citizens have spent more than $14 billion worth of digital yuan, the People’s Bank of China said last week. That represented 360 million transactions...
The Bank for International Settlements (BIS) says it has carried out the first pilot of a central bank digital currency (CBDC) involving “four jurisdictions and...
Citizens in China have reportedly begun paying taxes with the digital yuan as part of a pilot program in the Zhejiang province. As Crypto News...
The People’s Bank of China (PBOC) has pledged financial backing for trucks and logistics companies amid the country’s worst COVID outbreak in two years. As...
The People’s Bank of China (PBOC) said Thursday (March 3) that it expects to see a continuing drop in the number of high-risk banks across...
Bitcoin transactions originating from China fell to 10% from 90% of the global total, the country’s central bank said Thursday (March 3). As Bloomberg reported,...
Beyond retail, beyond the confines of its own borders, China is eyeing bringing its central bank digital currency (CBDC) to a broader world stage. The...
China’s food delivery service Meituan has become the latest tech firm to let customers use central bank digital currency (CBDC) payments. As CoinTelegraph reported Friday...