The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...

The Zambian authorities are the first in Africa to confirm they are accepting mining-tax payments in renminbi, Bloomberg ...

The People’s Bank of China (PBOC) has pledged to steadily develop the digital yuan in 2026 while also encouraging its use in ...

Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks as attractive pricing helps drive a sustained push by Beijing to put the ...

China to begin paying interest on digital yuan in 2026, shifting e-CNY from digital cash to digital deposit currency.

CHINESE mine operators in Zambia began paying royalties and taxes in yuan from October, marking the first confirmed ...

China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...

A stronger currency makes imports cheaper, and aids China authorities’ long-term goal of internationalising the currency Read ...

LONDON, Feb 15 (Reuters) - (This Feb. 15 story corrects headline to show $315,000 not $300 million, and first paragraph to show 2 million yuan not 2 billion yuan) China's new digital currency, the ...

Chinese currency has two names: the renminbi (RMB) and the yuan. The two are oft confused and used interchangeably. This misunderstanding has amped up as of late... You see, unprecedented action from ...