The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on verified e-CNY accounts will link the digital yuan to traditional deposits and ...

USDCNY broke below the key psychological level of 7.00 just two days before the close of 2025. With markets now increasingly ...

A stronger currency may be coming but policymakers in Beijing face two dilemmas that will limit their appetite for exchange ...

The People’s Bank of China (PBOC) has unveiled The Action Plan for Further Strengthening the Digital Yuan Management Service ...

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 ...

Coinbase warns U.S. stablecoin rules may hand China an edge as e-CNY gains interest. Policy choices could reshape global digital finance.

As global momentum appears to be building for the development of central bank digital currencies (CBDCs) – bringing with it the potential to disrupt and revolutionize global payments and finance - we ...

China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong ...

Short-term depreciation pressure on the yuan has eased as external factors have outweighed domestic issues. We generally expect that external developments will continue to outweigh domestic drags, and ...

Given the current mainstream narrative on renminbi depreciation pressure and our discussions with various market participants, one might easily assume that the CNY has been on a huge slide since the ...

China has long pushed back against digital currencies, but that might be changing. For years, Beijing’s position on digital assets seemed resolute: cryptocurrencies were a threat to financial ...