SHANGHAI/BEIJING (Reuters) -The head of China's central bank pledged to expand the international use of the digital yuan and called for the development of a multi-polar global currency system, where ...

・The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on verified e-CNY accounts will link the digital yuan to traditional deposits and ...

BEIJING/SHANGHAI, Dec 29 - Holdings of China's digital yuan, or e-CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up ...

A person walks past the headquarters of the People's Bank of China, in Beijing, China May 7, 2025. REUTERS/Tingshu Wang BEIJING, April 2 (Reuters) - China's central bank has expanded its digital yuan ...

China’s central bank has revealed its plans to develop the capabilities and expand the reach of the digital yuan in 2026. The policy statement follows earlier reports of the first cross-border ...

China is about to start paying interest on its official digital currency in a fresh push to get more people to use it after about a decade of development and testing. From Jan. 1, commercial banks ...

China ’s central bank has opened a digital yuan operations center in Shanghai featuring platforms for cross-border payments, blockchain technology and digital assets, marking another step in the ...

China's central bank digital currency (CBDC), which began testing in 2020 and is transitioning to a commercial bank deposit system as of 2026. The digital yuan is the digital version of the renminbi ...

Xi Jinping, China’s leader, has said the country must have a “powerful” currency. The yuan is still far from that. But it is ...