BEIJING/SHANGHAI, Dec 29 - Holdings of China's digital yuan, or e-CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up ...
Lu Lei, a deputy governor of the People's Bank of China (PBoC), noted that this initiative will transform the digital yuan's (e-CNY) role from digital cash to digital deposit money. Unlike ...
In an effort to offer an alternative amid the global rise of stablecoins – cryptocurrencies pegged to a reference asset, such as a fiat currency – China’s central bank is poised to upgrade its digital ...
China plans to start paying interest on digital yuan holdings to help speed up adoption of its central bank digital currency, with interest payments scheduled to begin in January. Citing an article ...
China’s central bank is rolling out a new framework for the digital yuan that will allow commercial banks to pay interest on e-CNY wallet balances starting Jan. 1, 2026, a move officials say will push ...
China is about to start paying interest on its official digital currency in a fresh push to get more people to use it after about a decade of development and testing. From Jan. 1, commercial banks ...
BEIJING – Holdings of China’s digital yuan, or e-CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up efforts to promote ...
The People's Bank of China (PBC), the country's central bank, has rolled out an action plan for further strengthening the management and service system of the digital yuan and related financial ...
China's commerce ministry says it plans to investigate Meta's acquisition of AI startup Manus. Meta, the tech giant behind ...
Manus tried to reframe its identity through “Singapore washing” – but as algorithms transform into key national assets, such ...
China will support the building of a "Digital South" project under the framework of the Global Development Initiative over the next five years to ensure that scientific and technological advances ...