Bitcoin
$64,496.96+5.08%
Ethereum
$3,105.63+4.05%
Binance Coin
$561.17+2.09%
Solana
$144.13+10.33%
XRP
$0.50100524+2.19%
Toncoin
$7.06+17.67%
Dogecoin
$0.15284405+6.19%
Cardano
$0.46192346+4.44%
Avalanche
$35.55+4.83%
Shiba Inu
$0.00002280+4.94%
Wrapped Bitcoin
$64,720.63+6.92%
Tron
$0.10921544-0.70%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index

Yuan

(qimono/Pixabay)
Markets
People's bank of china
Crypto Traders Need to Pay Attention to Chinese Yuan
The PBOC's potential intervention to stem yuan volatility could accelerate gains in the dollar index and add to crypto market's woes, one observer said.
(qimono/Pixabay)
By Omkar Godbole
May 31, 2023 at 1:22 p.m. UTC
May 31, 2023
People's Bank of ChinaYuancryptocurrenciesMarkets
(Moerschy/Pixabay)
Policy
Regulations
China Includes Digital Yuan in Cash Circulation Data for First Time
The digital yuan, e-CNY, represented 0.13% of cash and reserves held by the central bank.
(Moerschy/Pixabay)
By Amitoj Singh
Jan 11, 2023 at 3:14 p.m. UTC
Jan 11, 2023
RegulationsChinadigitalYuane-CNYCentral Bank Digital Currencies
EU Set to Ban Russian Crypto Payments After ‘Sham’ Referenda; Hedge Fund Says Chinese Investors Could Snap Up Cryptos as Yuan Slides
Video
Cdtv
EU Set to Ban Russian Crypto Payments After ‘Sham’ Referenda; Hedge Fund Says Chinese Investors Could Snap Up Cryptos as Yuan Slides
The European Union will tighten restrictions on Russians’ crypto investments within the bloc as it seeks to respond to “sham” independence votes being held in Russian-occupied...
EU Set to Ban Russian Crypto Payments After ‘Sham’ Referenda; Hedge Fund Says Chinese Investors Could Snap Up Cryptos as Yuan Slides
By CoinDesk Staff
Sep 28, 2022 at 8:12 p.m. UTC
Sep 28, 2022
cdtvaab clipRussiaUkraineEuropean UnionYuanCalifornia Department of Financial Protection and InnovationDFPINovum Alpha
Sliding yuan and property market woes may see Chinese investors move money to cryptocurrencies. (Tumisu/Pixabay)
Markets
Bitcoin
Chinese Investors Could Snap Up Cryptocurrencies as Yuan Slides, Hedge Fund Says
The currency fell to a 14-year low against the U.S. dollar early Wednesday.
Sliding yuan and property market woes may see Chinese investors move money to cryptocurrencies. (Tumisu/Pixabay)
By Omkar Godbole
Sep 28, 2022 at 11:15 a.m. UTC
Sep 28, 2022
BitcoinYuanChinaMarketsReal Estate
Markets Daily Podcast Cover
Podcasts
Podcasts
Crypto News Roundup for March 21, 2022
With bitcoin trading sideways and a look at the petroyuan, CoinDesk’s Markets Daily is back with the latest news roundup.
Markets Daily Podcast Cover
By Adam B. LevineAdrian Blust
Mar 21, 2022 at 3:52 p.m. UTC
Mar 21, 2022
PodcastsMarkets DailyOilYuan
Chinese President Xi Jinping welcomes Saudi Arabia's King Salman bin Abdulaziz Al Saud during a state visit to China in 2017. (Getty Images)
Consensus Magazine
China
A 'Petroyuan' Could Further Shake the Dollar's Dominance
Saudi-Chinese talks "accelerate" just as unprecedented sanctions against Russia whet global appetites for greenback alternatives.
Chinese President Xi Jinping welcomes Saudi Arabia's King Salman bin Abdulaziz Al Saud during a state visit to China in 2017. (Getty Images)
By David Z. Morris
Mar 16, 2022 at 5:35 p.m. UTC
Mar 16, 2022
ChinaSaudi ArabiaOilOil MarketsU.S. DollarYuanPetroyuan
A Post-Dollar World? Saudi Arabia Reportedly Considers Accepting Yuan Instead of Dollar for Chinese Oil Sales
Video
Bitcoin
A Post-Dollar World? Saudi Arabia Reportedly Considers Accepting Yuan Instead of Dollar for Chinese Oil Sales
Saudi Arabia is reportedly in talks with Beijing to price some of its oil sales to China in Chinese currency yuan instead of the U.S. dollar. This could dent dollar’s dominanc...
A Post-Dollar World? Saudi Arabia Reportedly Considers Accepting Yuan Instead of Dollar for Chinese Oil Sales
By CoinDesk Staff
Mar 15, 2022 at 6:39 p.m. UTC
Mar 15, 2022
BitcoinChinaDollarcdtvbtcHash clipBeijingSaudi ArabiaYuan
(Getty images)
Finance
Oil
Saudi Arabia Mulls Pricing of China Oil Sales in Yuan: Report
The move would be a challenge to the U.S. dollar, which has dominated as the medium of exchange for the oil trade for decades.
(Getty images)
By Stephen Alpher
Mar 15, 2022 at 2:12 p.m. UTC
Mar 15, 2022
OilYuanDollarBitcoinGold
Durante medio siglo, Estados Unidos pudo convertir al dólar en la base de un sistema mundial de tipos de cambio. Ahora, China quiere hacer lo mismo.
Markets
Inflation
Cuáles son las monedas que podrían reemplazar al dólar como principal reserva de valor
La participación de la moneda estadounidense en las reservas mundiales no ha dejado de disminuir desde hace años. ¿Tomará el euro, yuan o bitcoin su lugar en el centro de las...
Durante medio siglo, Estados Unidos pudo convertir al dólar en la base de un sistema mundial de tipos de cambio. Ahora, China quiere hacer lo mismo.
By David Z. MorrisAndrés Engler
Aug 20, 2021 at 2:31 p.m. UTC
Aug 20, 2021
InflationYuancentral bank digital currencyFeaturesDigital YuanEuroReserve Currencyyen
Durante medio siglo, Estados Unidos pudo convertir al dólar en la base de un sistema mundial de tipos de cambio. Ahora, China quiere hacer lo mismo.
Markets
Inflation
Ranking the Currencies That Could Unseat the Dollar
The dollar's share of global reserves has declined steadily for years. Will the euro, yuan or bitcoin take its place at the center of global finance?
Durante medio siglo, Estados Unidos pudo convertir al dólar en la base de un sistema mundial de tipos de cambio. Ahora, China quiere hacer lo mismo.
By David Z. Morris
Aug 15, 2021 at 12:00 p.m. UTC
Aug 15, 2021
InflationYuancentral bank digital currencyFeaturesDigital YuanEuroReserve Currencyyen