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 ...

・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 ...

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 ...

A person walks past the headquarters of the People's Bank of China, in Beijing, China May 7, 2025. REUTERS/Tingshu Wang BEIJING, April 2 (Reuters) - China's central bank has expanded its digital yuan ...

While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow. Reading time 2 minutes In an effort to increase adoption of its central bank ...

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 ...

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, ...