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ICBC has completed China’s first digital yuan cross-border payment with Singapore through the newly upgraded Digital Currency Express platform, settling nearly 10 million yuan in i...
Guangdong has proposed expanding cross-border digital yuan payment pilots and other cross-border financial programs as part of a draft development plan for the China (Guangdong) Pi...
A leading Chinese bank has processed the largest cross-border transactions yet via mBridge, a multilateral central bank digital currency (CBDC) platform, marking a major milestone...
In the latest move to bypass Western-dominated financial systems and step up the internationalisation of the yuan, China is linking its retail payment networks with the United Arab...
China has tested faster cross-border settlement with Malaysia using a 43,000 yuan (US$6,360) digital yuan payment for a fresh durian shipment, according to the South China Morning...
The People’s Bank of China has added eight commercial banks to its digital yuan operating network, taking the number of e-CNY service operators to 30 as the central bank continues...
The newly authorized lenders will begin offering e-CNY services after completing operational and technical preparations.China’s central bank has added eight banks to its digital yu...
Hong Kong’s fast-transfer payments denominated in yuan surged to a six-month high in July, signalling accelerating adoption of real-time cross-border retail payment channels even a...
A stronger yuan may boost global gold demand as a hedge, impacting commodity markets and reflecting China's controlled currency strategy. The post China sets yuan mid-point at stro...
China Mobile announced plans for nationally unified Token package pricing for consumer and enterprise markets. Daily token calls in China grew from about 100 billion in early 2024...
The PBOC's liquidity boost may weaken the yuan, potentially driving up gold prices, reflecting broader monetary policy impacts. The post China’s PBOC injects 565.5B yuan via overni...
China, EU, Russia, India Lead Global CBDC Push Dubai is rapidly cementing its status as one of the world’s leading cryptocurrency and blockchain hubs, while Taiwan has taken anothe...
OpenRouter data shows Chinese LLMs crossed 34.25 trillion weekly tokens for the first time, with the top four slots all Chinese. DeepSeek-V4-Flash official release vaulted to numbe...
Every month, a Beijing-based ByteDance employee says he burns through close to a billion units of a new corporate currency – one that cannot buy a coffee or pay rent. Yet, as he no...
A stronger yuan could reshape global trade dynamics, influence inflation control, and impact commodity markets, including gold prices. The post China sets yuan midpoint at stronges...
China is building a global network of gold vaults and accelerating central bank reserve buying as part of efforts to promote the yuan’s role in international trade, according to an...
Western Union has launched a digital wallet and stablecoin-backed Visa secured credit card designed to enable users to hold, move and spend US dollar value globally.
Beijing is ramping up its computing power and unveiling new policies to boost the city’s “token economy”, as China accelerates AI adoption across key industries in its tech race wi...
Qingyang national data center cluster reaches 185,000P computing power with 99% intelligent computing share, 0.398 yuan/kWh green power, and 700+ enterprises across chip-compute-mo...
The post Swiss Banks Test Digital Franc Stablecoin for Digital Payments appeared first on Coinpedia Fintech News Swiss banks are testing a digital franc stablecoin called CHFD to e...
USD1 is the sixth-largest stablecoin, with a market capitalization of more than $4 billion, according to industry data. World Liberty Financial has launched its USD1 stablecoin nat...
A Standard Chartered-led joint venture kicked off institutional use of Hong Kong dollar-backed stablecoins on Wednesday, a year after the city put its stablecoin law into effect as...
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