People’s Bank of China

EU irked by US dollar stablecoins, China stifles stable talk
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14 August, 2025

EU irked by US dollar stablecoins, China stifles stable talk

Dollar-backed stablecoins are weakening the EU’s control over the euro, while China’s offshore yuan token hopes to grow its currency...
Did China link its CBDC to 10 ASEAN, 6 Middle Eastern countries?
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25 April, 2025

Did China link its CBDC to 10 ASEAN, 6 Middle Eastern countries?

Reports have claimed the integration will make the digital yuan a major rival to the USD’s dominance, and that it...
China heightens CBDC adoption, accelerates AI growth
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30 January, 2025

China heightens CBDC adoption, accelerates AI growth

China bares its latest plans to boost its Web3 ecosystem this 2025, including ramping up its CBDC efforts and investing...
Cambodia advances blockchain framework; Guangzhou boosts CBDC adoption
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22 January, 2025

Cambodia advances blockchain framework; Guangzhou boosts CBDC adoption

Elsewhere, the city of Guangzhou in China has launched a new drive to expand digital yuan payments, including in public...
China stresses digital asset regulation in financial stability report
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6 January, 2025

China stresses digital asset regulation in financial stability report

In its annual Financial Stability Report, PBOC said that 51 jurisdictions globally issued restrictions on digital assets while noting that...
China bares CBDC upgrade; Australia’s Project Acacia underway
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20 November, 2024

China bares CBDC upgrade; Australia’s Project Acacia underway

In a bid to boost CBDC adoption, China steps up its game by upgrading its digital yuan hardware wallet, while...
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