Digital yuan

THE BROAD VIEW

Is China prepared to give up control?

2026-07-24T03:31:16.000Z
China’s central bank is making a push to increase the use of digital yuan at home and abroad, says several industry sources.

China signs up 26 financial institutions to digital yuan cross-border payment platform

2026-06-16T12:29:44.000Z
The push to put the digital yuan into the real economy has been slow so far since its launch in 2019.

China to allow more banks to handle digital yuan: sources

2026-03-21T00:00:00.000Z
The yuan has already overtaken the US dollar in recent years for China’s cross-border transactions, and the country’s own payment system, CIPS, has been gaining traction.

China opens digital yuan hub in Shanghai to boost global use

2025-09-25T12:43:37.000Z
JD.com has proposed China allow renminbi stablecoin issuance in Hong Kong, before expanding the pilot scheme to offshore markets within China’s free trade zones.

China’s tech giants lobby for offshore renminbi stablecoin: sources

2025-07-03T07:47:15.000Z
Pan’s call comes as US President Donald Trump’s erratic tariff and foreign policies have dented investor trust in US dollar assets.

China’s central bank says to promote digital yuan, multi-polar currency system

2025-06-18T04:07:52.000Z
China central bank governor Yi Gang says the digital currency’s transaction volume hits 1.8 trillion yuan in the same period, with total transactions reaching 950 million.

China e-CNY in circulation hit 16.5 billion yuan as of Jun 30 this year, central bank governor says

2023-07-19T08:31:58.000Z
China has been a leader among countries that are developing the CBDC – digital tokens issued by central banks, although adoption is still in the early stages.

Chinese digital currency stocks surge amid new efforts to promote e-CNY

2023-04-24T07:44:22.000Z
Digital-yuan business had no synergistic effect and no commercial benefits in banks’ business, the former PBOC official said.

Former PBOC official says China’s digital yuan is little used: Caixin

2022-12-29T09:06:04.000Z
A sign indicating digital yuan, also referred to as e-CNY, at a shopping mall in Shanghai, China; May 5, 2021.

The Fed needs to take the digital yuan seriously

2022-12-20T06:51:01.000Z