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The head of China’s central bank has sworn to expand the international use of the digital yuan. He also called for the development of a multi-polar global currency system, in which more than one ...
According to a news outlet, physical money — including coins and paper notes — has nearly vanished from day-to-day ...
Starting this month, thousands of workers in a Chinese city will be paid their wages entirely in digital yuan, in what has been described by the central government as a "milestone" for the currency.
By contrast, its US counterpart, the US Bureau of Engraving and Printing, employs a tenth of the staff at two currency factories; the world’s number two, the British firm De La Rue, had slightly ...
Chinese officials seem pleased with the yuan’s recent progress as a global currency. The international monetary system is diversifying at an accelerating pace, said Pan Gongsheng, the governor ...