China will allow interest on digital yuan in 2026, while cracking down on crypto mining and tokenization activities.

Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks ...

The move follows offshore yuan briefly breaching seven-per-US-dollar mark, with analysts citing dollar weakness, seasonal ...

In well-connected circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the country’s growth.

The yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets China’s ...

The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...

China handed yuan bulls a New Year’s gift with tacit consent for more appreciation, while carefully pacing the currency’s ...

While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow.

China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...

China's central bank, the People's Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank ...