PBoC Financial News

04.09 / 07:29

PBoC China’s Central Bank Official Stresses on Use of Digital Yuan in Retail Sectors

The head of the Digital Currency Research Institute at the People's Bank of China (PBOC), Changchun Mu, has emphasized the necessity of making the digital yuan available for all retail payment scenarios.

28.11 / 18:15

CBDC PBoC e-CNY China’s CBDC Development is “Already On Track” and Nearing Completion: Ex-PBOC Governor

Former Governor of China’s central bank PBOC is all optimistic about the country’s central bank digital currency (CBDC) nearing completion.

01.09 / 13:41

economics Asia PBoC AJ Bell boost Support Chinese authorities issue new currency support to boost growth

The renminbi has continued to slide against the dollar throughout the year as the country’s expected economic recover has been weaker than first forecast.

21.07 / 12:39

PBoC reports transaction volume China's Digital Yuan Hits $250 Billion Transaction Volume, Central Bank Governor Reports

The People’s Bank of China (PBoC) revealed that $250 billion worth of transactions have taken place using the country’s central bank-backed digital currency (CBDC) digital yuan in 18 months since the start of its pilot.

24.08 / 16:11

CBDC Adoption PBoC Major Chinese City’s Metro Begins Accepting Digital Yuan Payments

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