The way people pay for things is changing as the nature of money itself transforms. Fearing they may one day be left behind as digital,...
The People’s Bank of China has reportedly enabled Android users to make offline payments using digital yuan. With a new function added to the bank’s...
Central banks around the world have diverged in the design of CBDCs. As the investigation phase of the European Central Bank’s (ECB) digital euro project...
In a video address as part of a high-level conference on the digital euro earlier this month, the president of the European Central Bank (ECB),...
Chinese citizens have spent more than $14 billion worth of digital yuan, the People’s Bank of China said last week. That represented 360 million transactions...
The latest news about China’s digital yuan is that it can now be used to pay for bus rides in Guangzhou, joining subway systems in...
Republican U.S. lawmakers want to ban app stores from hosting apps that let payments be made with the Chinese digital currency, Reuters reported Thursday (May...
The Peoples’ Bank of China plans to expand its trial for digital yuan to include more cities, a report Saturday (April 3) from Bloomberg said....
China’s digital yuan trials captured $8.3 billion of the country’s payments market in the past six months and $13.68 billion in the past two years,...