BANGKOK (AP) — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...

In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

In 2025, China and the United States are deepening their rivalry in a new arena: digital currency infrastructure. In May, Hong Kong passed landmark legislation to regulate fiat-referenced stablecoins, ...

As trade wars, sanctions, and changing geopolitical dynamics drive nations to reconsider their dependence on the dollar, ...

President Donald Trump declared the US has ended its “war on crypto,” vowing to make America the global Bitcoin superpower.

People’s Bank of China Governor Pan Gongsheng said the central bank will continue to crack down on virtual currency ...

Shanghai - In China's commercial hub Shanghai, six big state banks are quietly promoting digital yuan ahead of a May 5 shopping festival, carrying out a political mandate to provide consumers with a ...

China finds itself in a strong position to release its central bank digital currency, the eCNY, following successful trials. The completion of the eCNY trials coincides with the rollout of... We use ...

A court in China has sentenced members of a “gang” to prison and the payment of fines for money laundering using the yuan central bank digital currency, according to the local press. The People’s ...

Current political and economic issues succinctly explained. Controlling access to money is no longer the exclusive privilege of the sovereign. Instead, access to money is increasingly governed through ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...