People’s Bank of China

Bitcoin soars on Fed rate cut, leaving other central banks in the dust as appetite for risk-on assets returns.

The proposed overhaul of the financial sector will consolidate oversight of financial institutions under a new state administration.

WeChat Pay has integrated the digital yuan app, driving the adoption of the CBDC among its 1 billion users.

China’s digital yuan - also known as e-CNY or digital RMB - is bound to be available in 23 cities,

China completed the development of CBDC's basic function and is drafting laws to pave the way for its circulation.