The country's first cryptocurrency-related corruption case raises questions as to whether Beijing may slow the pace of the digital yuan's roll-out to strengthen internal supervision. Do you have ...
Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, testified before the Senate Finance Committee ...
The digital yuan may be China's challenge against US financial control To gain competitive edge from data Beijing might have another motive in mind for its digital yuan: gathering transaction data.
Its digital yuan and the Multiple Central Bank Digital Currency Bridge (mBridge) platform represent significant technological advances that could accelerate change by offering more efficient ...
The incoming Trump administration signals a decisive shift away from a government-controlled digital dollar (CBDC) while ...
Visitors at the Winter Olympics are allowed to convert foreign currencies into the digital version of China’s yuan. WSJ’s Jing Yang exchanges U.S. dollars to buy a cup of coffee to show how ...
The investigation revealed that he was involved in several acts of corruption, including using the digital yuan illegally. His behavior is an early bad omen for the digital yuan, as it has been ...
BEIJING -- The added value of Beijing's digital economy totaled 2 trillion yuan ($278 billion) in 2024, up about 7.5 percent ...
Trump's Treasury pick Scott Bessent argued against a US digital dollar, saying CBDCs suit countries lacking other investment ...
China's new subsidy plan offers 15% off digital products under 6,000 yuan, cutting iPhone 16 prices to 4,499 yuan, boosting ...