The Business Times

Digital yuan

Capital Markets & Currencies

China opens digital yuan hub in Shanghai to boost global use

FILE PHOTO: JD.COM logo is seen in this illustration taken, February 11, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
Global Enterprise

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

Pan’s call comes as US President Donald Trump’s erratic tariff and foreign policies have dented investor trust in US dollar assets.
Banking & Finance

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

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.
International

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

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.
Companies & Markets

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

Digital-yuan business had no synergistic effect and no commercial benefits in banks’ business, the former PBOC official said.
Companies & Markets

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

A sign indicating digital yuan, also referred to as e-CNY, at a shopping mall in Shanghai, China; May 5, 2021.
Opinion & Features

The Fed needs to take the digital yuan seriously

China is well advanced with real-life trials of an e-yuan.
Startups

Swift sets out blueprint for central bank digital currency network

Even the most decentralised currencies cannot avoid law enforcement. Exchanges are under pressure to monitor links to regular currencies, as are other service providers.
Columns

Crypto is failing where digital yuan may succeed

China should draft a digital yuan law, state bank official says
Banking & Finance

China should draft a digital yuan law, state bank official says

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