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.

De-dollarization is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade. Countries like Russia, India, China, Brazil and Malaysia, among others ...

The currency-swap framework was first established in May 2018, when the Central Bank of Nigeria and the People’s Bank of China signed a deal valued at renminbi (RMB) 16 billion (about $2.5bn).