China’s yuan has stabilized after weeks of depreciation pressure, following targeted intervention by the People’s Bank of China (PBoC). The central bank’s recent liquidity operations and policy signaling have helped strengthen market confidence and limit speculative trading, keeping the exchange rate near 7.27
China’s financial landscape is witnessing a rapid shift as blockchain bonds and tokenized debt instruments move from experimental pilots to regulated mainstream products. The People’s Bank of China (PBoC), in partnership with major state banks and fintech platforms, is integrating distributed ledger technology
China’s financial technology (fintech) industry stands at a crossroads in 2025. Once known for its explosive innovation and rapid growth, the sector is now defined by regulation, risk management, and cautious modernization. Following years of tightening oversight after the Ant Group IPO halt
The People’s Bank of China (PBOC) has inaugurated a new Digital Yuan Operation Center, a major step in moving its central bank digital currency (CBDC) strategy from pilot testing to institutional scale. The center is designed to manage the technical backbone, improve settlement
