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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 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...
- King dollar risks losing its crown to an Asian mutinyAsian nations are quietly challenging the dollar's global dominance, moving beyond mere rhetoric. China's digital yuan (e-CNY) now offers i...
- 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 ...
- J.P.Morgan wary of stablecoin's trillion-dollar growth bets, cuts them by halfJ.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections "far too optimi...
- Crypto bros need to temper their hopes for 2025Crypto enthusiasts have high hopes for 2025 as they seek regulatory relief in the US and a strategic Bitcoin reserve. However, restrictive ...
- Countries closing in on digital currencies but US lagging: studyThe research by the US-based Atlantic Council think tank highlighted that all G20 countries except for Argentina are now in one of those fa...
- 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...
- Chinese tech giants Tencent and Ant Group pledge to ban NFTs, cryptocurrency marketplacesAccording to the South China Morning Post, Tencent and Ant Group joined a self-driven industry initiative to ban cryptocurrency and fight s...
- 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...
- Oppo Reno 8, Reno 8 Pro & Reno 8 Pro+ launched. Check out price and specsThe Oppo Reno 8 pro and other devices in the series come with an 80W fast-charging support.
- 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...
- Festive treat: Realme GT Neo 2 - with 64MP camera, 8GB RAM - to release in India on Wednesday; check specs, priceThe GT lineup that will be powered by a customised version of MediaTek Dimensity 1200 chipset.
- A cross-border digital currency can speed up transfer, shows pilotThe multiple central bank digital currency bridge project (mBridge), joined by the monetary authorities in Hong Kong, Thailand, China and t...
- Paying with e-CNY? First show a digital IDUnlike cash, or cryptocurrencies like Bitcoin, digital money issued by central banks won’t be pure tokens. Either the issuing monetary auth...
- 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.
- 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 ...
- View: Central banks could issue digital currency, compete directly with PayPalTechnology is enabling monetary authorities to give ordinary people access to a kind of electronic cash they have never had before.
- Honor unveils View20 with punch-hole display; smartphone to be an Amazon-exclusive deviceThe company had showcased the device, earlier this month at an event in Hong Kong.
- Valson Thampu proposes major amendments to St Stephen's constitutionHe has proposed giving a major say to the Church of North India (CNI) in the functioning of the college.
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