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CHINA DIGITAL YUAN
From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...- China's yuan hits 3-year high, stocks retreat, as investors await details from Trump-Xi summitChina's yuan reached a three-year high against the dollar as investors awaited outcomes from the Xi-Trump summit. While stock markets saw p...
- China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
- India's digital currency push targets its leaky welfare systemWhile India's early efforts are modest compared with those of China, where more than 200 million people use the e-yuan, the world's most po...
- India's digital currency push targets its leaky welfare systemIndia is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in...
- China seeks to rein in risks from AI 'digital humans'China is introducing new rules for its booming digital human industry. These AI avatars, which look and sound like real people, are used fo...
- Iran’s sanctions-busting crypto ambitions grow on toll paymentsIran proposes digital currency for Strait of Hormuz passage tolls. This move highlights a significant sanctions-evasion network. While legi...
- Huawei posts slower annual revenue growth of 2.2%Huawei's 2025 revenue grew 2.2 percent to 880.9 billion yuan. This growth was supported by its core network infrastructure and consumer dev...
- China to allow more banks to handle digital yuan, sources sayThe push to put the digital yuan into the real economy has been slow so far since its launch in 2019, with most retail customers already ab...
- China says to launch digital currency action planThe "action plan" will see banks pay interest on balances held by clients in digital yuan -- a move to incentivise broader adoption of the ...
- China's tech giants lobby for offshore yuan stablecoin, sources sayStablecoins are digital tokens, in the form of cryptocurrencies pegged to liquid assets, so far mostly the U.S. dollar but also in some cas...
- China vows privacy, information protection in using digital yuanLimited anonymity is a key feature of the digital yuan, Mu Changchun, director-general of the central bank's Digital Currency Research Inst...
- China uses digital yuan to stimulate virus-hit consumptionChina is at the fore of a global race to develop central bank digital currencies. Issuing e-CNY subsidies can both aid consumption and furt...
- China central bank expands digital yuan pilot scheme to more citiesTianjin, Chongqing, Guangzhou, Fuzhou, Xiamen and six cities in the coastal Zhejiang province will be added to the existing 10 major "pilot...
- Hong Kong to test linking China's digital yuan with domestic paymentsChina's e-CNY is one of the most advanced central bank digital currency (CBDC) projects among major economies.
- Digital yuan gives China a new tool to strike back at criticsSo far China has mostly resisted hitting foreign firms in response to U.S. actions on companies like Huawei, holding off on releasing an “u...
- China to expand digital yuan experiments: Central bank vice governorChina is one of the frontrunners in the global race to launch central bank digital currencies to modernise financial systems, ward off the ...
- JD.com becomes first online platform to accept China's digital currencyJD Digits, the company's fintech arm, will accept digital yuan as payment for some products on its online mall, as part of an experimental ...
- Huawei in talks to sell parts of its Honor smartphone business: SourcesThe assets to be sold have yet to be finalised but could include Honor's brand, research & development capabilities and related supply chai...
- Crypto Yuan will meet the Dollar — in Hong KongMajor battle in the U.S.-China financial cold war could be fought over a decades-old currency peg.
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