China’s digital yuan, the country’s central bank digital currency (CBDC), is facing significant hurdles in gaining widespread adoption. Despite an ambitious rollout that began in 2019, user reluctance ...

Many consumers prefer to use online payment tools such as Alipay and WeChat Pay. The digital yuan is fraught with privacy concerns as it incorporates elements of blockchain technology so transactions ...

The US president's decision to halt CBDC development may inadvertently hasten the de-dollarisation trend, smoothing path for yuan internationalisation On January 23, US President Donald Trump issued ...

On one hand, these government-backed assets could limit the appeal of stablecoins and privacy coins; on the other, they ...

The Hong Kong Monetary Authority (HKMA) has launched the digital yuan, also known as e-CNY,marking a significant step in the integration of digital currencies in the region’s financial system.

The ECB advances a digital euro with efficiency, sovereignty, trust and inclusion goals as global CBDCs show slow adoption.

For the average person, understanding how a CBDC could impact the Bitcoin price USD may reveal why governments choose to ...

A court in China has sentenced members of a “gang” to prison and the payment of fines for money laundering using the yuan central bank digital currency, according to the local press. The People’s ...

China's digital yuan, also known as e-CNY, is failing to catch on during a trial in which state employees receive their salary in the central bank digital currency (CBDC), according to a report by the ...