China launched its own digital yuan, the e-CNY issued by its central bank, on a trial basis in 2019. View on euronews ...

China has long aspired for the yuan to achieve global currency status, akin to the dollar or euro, reflecting its weight as the world’s second-biggest economy. However, its tight capital controls and ...

Stablecoins can enhance transaction efficiency and interoperability across blockchains, TradFi-DeFi, and jurisdictions. As these coins transition to a medium of exchange in 2025, there are emerging ...

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.