Food delivery service giant Meituan Dianping will test China’s digital yuan, according to a Bloomberg report citing unnamed sources who have knowledge of the matter....
American Express has won initial approval from the People’s Bank of China (PBOC) to process the nation’s currency, the global financial services network announced in...
The People’s Bank of China (PBOC) is launching a pilot program to trial its new digital currency yuan with 19 local businesses, including the U.S....
The People’s Bank of China (PBOC) trimmed the amount of cash some banks must put aside as reserves as a way to encourage lending, as...
In today’s top payments news, the People’s Bank of China has filed more than 80 patents as it attempts to adopt a digital currency, and...
The Peoples’ Bank of China has filed over 80 patents in its attempts to start its own digital currency, an extensive and elaborate plan to...
China’s central bank will release a set of funds intended to combat the coronavirus this week, and will begin to offer the service on a...
The Chinese government braced for additional economic turmoil, took steps to bolster its lagging economy and activated new safety measures as the coronavirus epidemic spread...
China’s central bank, the People’s Bank of China (PBOC), said it has completed the “top-level” design of its proposed digital currency, according to reports. Get...