The US president's decision to halt CBDC development may inadvertently hasten the de-dollarisation trend, smoothing path for ...

WASHINGTON, Feb 4 (Bernama-AA) -- United States (US) President Donald Trump’s ban on a “digital dollar” has further set the ...

China's technological capabilities may be advancing faster than previously thought, challenging U.S. dominance in AI, digital ...

The US Senate’s confirmation hearing for Mr Bessent last week as Treasury Secretary was remarkable, as much of the discussion ...

Its digital yuan and the Multiple Central Bank Digital Currency Bridge (mBridge) platform represent significant technological advances that could accelerate change by offering more efficient ...

Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...

China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than ...

Digital Currency Group (DCG) is spinning off the self-mining unit of its Foundry subsidiary into a separate business called ...

A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020, with ...

Initially, the central bank had permitted only banks to offer access to the digital currency but in April 2024 ... 11:42 PM UTC · Updated ago category Yuan hits record low, Mexican peso, Canadian ...