China's military alliance with Russia and North Korea poses threats beyond warfare as central banks stockpile gold to undermine the U.S. dollar's dominance.

No single digital currency will dominate global transactions if central banks strive to enhance their own settlement systems, a senior Bank of Japan official said, brushing aside fears China's rapid progress on a digital yuan could upend markets.

President Donald Trump defended his $20 billion currency swap with Argentine President Javier Milei at the White House on Tuesday despite criticism that the swap line is contradictory to his America First policy.

China's yuan has tightened its grip on global currency markets, rising to 8.5% of all foreign exchange trades this year and keeping its fifth-place ranking

China needs to become the first nation to issue a digital currency in its push to internationalise the yuan and reduce its dependence on the global dollar payment system, a commentary published by the country's central bank said.

(Reuters) -China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets. The State ...

China’s central bank has opened a digital yuan operations center in Shanghai featuring platforms for cross-border payments, blockchain technology and digital assets, marking another step in the country’s push for global adoption of its currency.

China is advancing renminbi internationalisation by enhancing financial integration regionally, expanding currency swap agreements, promoting bilateral trade settlement in renminbi and developing the Cross-Border Interbank Payment System.