Helped by digital yuan and advancements in financial tech, more yuan-backed transactions are taking place in crude settlement ...

Trump may take aim at digital yuan’s overseas expansion, Korean institutions will remain sidelined from crypto, and more: ...

Scott Bessent, US President-elect Donald Trump’s anticipated pick for the country’s Treasury secretary, faced Senators in a ...

Scott Bessent told the Senate he saw 'no reason' for the U.S. to pursue a central bank digital currency, aligning with ...

The U.S. dollar currently serves as a kind of unofficial world currency — it’s used in about 88 percent of international ...

China’s Guangzhou Municipal Financial Work Committee outlines steps to create digital yuan demonstration zones and regulate ...

He said the Chinese government was backing “an aggressive rollout of the digital yuan – a central bank digital currency – to ...

The Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of interest-rate and currency volatility. A strategy of borrowing the island’s ...