China Is Opting Out of US-Run Financial System
If the U.S. government doesn’t lead financial innovation, China will leapfrog it and control the world’s emerging monetary infrastructure.
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Apr 30, 2021 at 1:50 p.m. UTC
Apr 30, 2021
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Biden Administration Concerned Over Long-Term Effects of Digital Yuan: Report
Officials at multiple government departments are increasing efforts to better understand any possible threat posed to the U.S. dollar by China's digital yuan.
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Apr 12, 2021 at 12:27 a.m. UTC
Apr 12, 2021
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State of Crypto: What’s Next for the OCC?
The OCC published a number of crypto-friendly pieces of guidance last year. The next head of this banking regulator could undo this work.
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Mar 23, 2021 at 1:30 p.m. UTC
Mar 23, 2021
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China Leads Africa's Digital Currency Race
With years of public investment and plenty of penetration for its phone makers, China is well placed to establish a digital currency in Africa.
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Feb 3, 2021 at 8:22 p.m. UTC
Feb 3, 2021
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Central Bankers, Experts Outline Possible Scenarios for CBDC Adoption
Central bank digital currencies can have broad implications for the global balance of power, experts say.
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Nov 20, 2020 at 8:30 p.m. UTC
Nov 20, 2020
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Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years
Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.
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Nov 19, 2020 at 11:23 p.m. UTC
Nov 19, 2020
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How Ant’s Suspended IPO Is Related to China’s Digital Yuan
Ant’s suspended IPO exposes potential financial risks posed by the fintech giant’s digital payment platform Alipay. The digital yuan may be China’s attempt at a solution.
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Nov 12, 2020 at 3:05 p.m. UTC
Nov 12, 2020
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Proposed Chinese Law Outlaws All Yuan-Pegged Tokens – Except for Its CBDC
The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China.
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Oct 23, 2020 at 2:36 p.m. UTC
Oct 23, 2020
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Shenzhen Giving Away Millions in Digital Yuan in Lottery to Boost Consumption, Test Tech: Report
The promotion is part of China's efforts to try out out and stimulate usage of its new digital currency.
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Oct 10, 2020 at 8:42 p.m. UTC
Oct 10, 2020
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China's Digital Currency May Come With Hardware Wallets as Well
China Construction Bank’s brief digital yuan debut suggests that hardware wallets for the central bank digital currency may be in the works.
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Sep 1, 2020 at 5:31 p.m. UTC
Sep 1, 2020