China’s digital yuan initiative has entered a new phase of internationalization as the Digital RMB Network expands to sixteen countries across Asia, Africa, and the Middle East. The People’s Bank of China confirmed that the network now operates through bilateral and multilateral settlement
The competition between the United States and China has expanded from trade and technology into the domain of digital currencies and financial innovation.Both countries are shaping the future of money through central bank digital currency programs, fintech regulation, and blockchain-based payment systems that
The People’s Bank of China (PBoC) has announced a major expansion of its digital RMB pilot, extending the project to additional cities and cross-border testing hubs in Southeast Asia, the Middle East, and Europe. This marks the most ambitious phase yet of China’s
