By Emir Abyazov Key highlights: China will begin paying interest on digital yuan balances starting January 2026. The digital yuan is transitioning from digital cash to a deposit-style currency. Officials hope interest payments will boost usage and global competitiveness of the e-CNY. China is poised to become the first country in the world to pay […]
Tag: PBOC
By Emir Abyazov Key highlights: China warns crypto speculation is rising again despite its nationwide ban. Stablecoins targeted as regulators claim they fuel fraud and illegal transfers. Beijing boosts surveillance while Hong Kong moves toward regulated issuers. The People’s Bank of China (PBOC) has reaffirmed its nationwide ban on cryptocurrencies after detecting a renewed wave […]