China’s Digital Yuan Is No Threat to US Dollar, Says Bank of Japan Official: Report

“The dollar’s status as the key global currency won’t change so easily,” BOJ’s head of payments told Bloomberg.

Ant Group to Become Financial Holding Company as Part of Alibaba Settlement: Report

The terms of the restructuring are expected to curb the Alibaba affiliate's profitability and valuation.

China’s Central Bank Is Partnering With SWIFT on a New Joint Venture

It's unclear what the new group's mission will be, though People's Bank of China employees working on its digital currency efforts will be involved.

Ex-People’s Bank Chief Says Digital Yuan Not Planned to Replace Global Currencies

"We are not like libra and we don’t have an ambition to replace existing currencies,” said a former governor of the People's Bank of China.

Zhou Xiaochuan: The Father of the Digital Yuan

“The PBOC that is not criticized by the public will not withstand the test of history," the current head of the central bank says. Zhou Xiaochuan's legacy – the digital yuan – was sidelined, until it became necessary.

What Is a CBDC?

A CBDC is a central bank digital currency, a new type of money governments are experimenting with that often has blockchain at its core.

China to Hold Second Lottery Trial of the Digital Yuan

A lottery in Suzhou will additionally trial the offline feature of the digital yuan, per a Monday report.