Yuan

China to expand CBDC use case for Belt and Road Initiative

China was one of the first nations to start working on its CBDCs. However,… More…

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Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says

Fewer nations are willing to hold the U.S. dollar as America’s share… More…

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De-Dollarization a Matter of National Security for China and Other Nations: Investment Strategist Luke Gromen

Macro investor Luke Gromen says that the dollar’s dominance… More…

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Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services

ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand… More…

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Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization

After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s… More…

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Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization

After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s… More…

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China’s central bank includes digital yuan in report on currency circulation

The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion… More…

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China’s Digital Yuan Little Used, Former Central Bank Official Says

Trials of the digital yuan have produced disappointing results, … More…

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China’s CBDC wallet resorts to ages-old tradition to boost adoption

A traditional Chinese way of gifting money that’s gone virtual with… More…

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Report: Chinese Company Launches Digital Currency Insurance Product

The Suzhou branch of the Chinese insurance company China Pacific … More…

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