Chinese workers are showing a lack of enthusiasm towards the country’s central bank digital currency (CBDC). A report on May 13 revealed that some workers who received their salaries in digital yuan ...

Chinese investors have poured over $188 million into firms working on the digital yuan following the People’s Bank of China’s decision to let central bank digital currency wallets accrue interest.

FIRST ON THE DAILY SIGNAL—Sen. Rick Scott, R-Fla., on Thursday reintroduced legislation that would prohibit U.S.-based money services businesses from using central bank digital currencies issued by ...

U. S. Senator Rick Scott of Florida has officially reintroduced a piece of legislation aimed at blocking China’s digital currency from entering the American financial tech landscape.

China’s central bank has included the digital yuan in the latest version of a proposed banking law, giving more legal clarity to the regulation of its national virtual currency. The People’s Bank of ...

China is pushing the adoption of her national digital currency, the digital yuan, to new heights as a number of tech firms have integrated the option into their services. The latest Chinese firm to ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. DBS is the first foreign bank in China to embed the CBDC into ...