Topics
Digital Currency
China is taking the lead in the race to become the first major economy to officially launch a sovereign digital currency, as its ongoing pilot programs have made headlines and its central bank officials have been offering explanations about the issue and what’s behind Beijing’s digital yuan ambitions.
In Depth: China’s Digital Currency Ambitions Lead the World
The future of money is electronic and Beijing wants to own it
Cover Story: How China Inc. Is Discovering Its New World in Brazil
Brazil is now a vital testbed for Chinese carmakers, tech giants and clean energy players chasing global reach and local relevance
Commentary: Why China Is Right to Reject Stablecoins
While the U.S. embraces dollar-pegged tokens to extend its financial power, Beijing’s decision to ban them and focus on its own digital yuan is a wise move for national security
Claim It or Lose It: China Police Seek Owner of $1.9 Million in Tether
Case sheds light on how China handles cryptocurrency as property despite a nationwide trading ban
Hong Kong Pushes Tokenized Deposits Toward Real-World Use
Corporate demand for 24/7 liquidity is shaping the next phase of Project Ensemble’s pilot
China Flags Stablecoin Risks in Renewed Push to Rein in Crypto Activity
PBOC convenes multi-agency meeting as regulators reaffirm the illegality of crypto activities
Caixin Summit: PBOC to Advance Yuan’s Global Role as Reliable New Option
A top central bank official outlines plans to expand the yuan’s use in trade and investment, offering an alternative amid instability in the dollar-centric global order
China Suggests U.S. Role in $15 Billion Bitcoin Hack
State cybersecurity body alleges U.S. state-sponsored hacker group may have exploited software vulnerability to steal more than 127,000 bitcoins from boss of Cambodian telecom fraud
Tech Brief (Nov. 4): Baidu’s Robotaxi Service Expands to 22 Cities
Amazon and OpenAI sign $38 billion deal, PBOC to explore cross-border payment solutions with digital yuan
China to Unify Rules to Boost Yuan’s Global Use
The move aims to eliminate policy gaps and improve the country’s cross-border payment system
CX Daily: China’s AI Companions Struggle to Turn Intimacy Into Industry
The U.S. and China reach a broad truce to ease trade tensions. China expands a pilot program for easier cross-border trade settlement
Commentary: The Internationalization of the Yuan and the Role of Stablecoins
Even as U.S. policy instability challenges the dollar’s safe-haven status, the yuan has failed to capitalize. While Hong Kong’s stablecoin licensing offers a new path, capital controls and competition from e-CNY remain major obstacles
Hong Kong Pauses Retail E-HKD to Focus on Wholesale Use
The city aims to build an ecosystem where the central bank digital currency can support and interact with privately issued digital money
China Expands Yuan Clearing to First Abu Dhabi Bank in UAE
Move marks deepening financial integration with Gulf nation as bilateral yuan trade surges
China Sets Up New Center in Beijing to Oversee Digital Yuan Operations
The People’s Bank of China aims to create a dual-structure system to guide domestic and international development of the e-CNY
China Charts Path to Financial Stability and Innovation in New Five-Year Plan
The economic blueprint emphasizes building a comprehensive macro-prudential management system, strengthening the capital market beyond stocks, and promoting the “five major articles” of finance
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