Explore China's digital currency (digital yuan/RMB) and its potential impact on global finance. Is it a threat to the US dollar and SWIFT? Featuring Richard Turrin.

・The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on verified e-CNY accounts will link the digital yuan to traditional deposits and ...

BEIJING/SHANGHAI, Dec 29 - Holdings of China's ‌digital yuan, or e-CNY, will ‌start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up ...

In an effort to increase adoption of its central bank digital currency (CBDC), China will allow digital yuan users to earn interest on their holdings, according to a report in Bloomberg. Interest ...

China has long pushed back against digital currencies, but that might be changing. For years, Beijing’s position on digital assets seemed resolute: cryptocurrencies were a threat to financial ...

The People's Bank of China (PBOC) will launch a new digital yuan framework on Jan. 1, letting commercial banks pay interest on holdings in a move to incentivize broader adoption of the central bank ...

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’s central bank, the People’s Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank digital currency (CBDC), the digital yuan (e-CNY). Effective January 1, ...

China is set to advance the development of its digital yuan as highlighted in its 15th Five-Year Plan for 2026 to 2030. In addition, the nation plans to expedite the creation of world-class investment ...