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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...- Tether to launch 'official' stablecoin in Georgia, with government supportTether, a major stablecoin issuer, is set to launch a digital token for the Georgian lari. This move has the backing of Georgia's governmen...
- “Dear Anand Mahindra…”: Vijay Kedia asks billionaire to unlock hidden tourism giant in Mahindra HolidaysAce investor Vijay Kedia has urged Anand Mahindra to unlock the “hidden tourism giant” within Mahindra Holidays, arguing that strong demand...
- 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...
- How Iran is using bitcoin as gate pass for HormuzIran is considering digital currency payments, potentially Bitcoin or stablecoins, for vessels transiting the Strait of Hormuz as a sanctio...
- 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 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...
- 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 ...
- How a Digital Yuan threatens to imperil Bitcoin’s biggest markets“Once a digital yuan is introduced, that’s going to be one of the biggest risks in crypto,” Gillespie, who previously worked in currency ma...
- 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 ...
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