China was the first major economy to begin exploring its own digital currency in 2014, though it is yet to launch the ...

Forbes contributors publish independent expert analyses and insights. On January 1, 2026, the People’s Bank of China began paying interest on digital yuan balances held in user wallets. To some, it ...

China will allow a dozen additional banks to handle its digital yuan, three people with knowledge of the plans said, as Beijing pushes to accelerate use of the digital currency under a strategy that ...

Xi Jinping, China’s leader, has said the country must have a “powerful” currency. The yuan is still far from that. But it is ...

Discover why China persists with its digital yuan as other Asian nations stall on CBDCs, exploring benefits, adoption, and ...

THE YUAN is China’s currency but the world’s problem. It is troublesome not just because it is difficult to pronounce (you-en is closer to the mark than you-an, but if you say you-en, no one will know ...

Given this growing trend, the European Central Bank (ECB) is now working towards the launch of the digital euro – an electronic version of public money – with the aim of providing a safe, secure ...

China’s bid to build a renminbi-based financial system beyond the U.S. dollar’s reach is gaining traction as a way to ...