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Florida Sen. Rick Scott aims to block China’s digital currency from Venmo and US apps
U.S. Senator Rick Scott of Florida has officially reintroduced a piece of legislation aimed at blocking China’s digital ...
Sen. Rick Scott introduces a bill banning U.S.-based financial services from using Chinese digital currency, including the digital yuan.
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...
The digital currency race between the U.S. and China is more than a technological arms race. It represents the reordering of global monetary governance. In 2025, China and the United States are ...
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 advent of digital assets and the potential for disintermediation pose both threats and opportunities for traditional banks. Stablecoins may upend traditional financial rails, and the GENIUS Act ...
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 ...
LONDON, Jan 16 (Reuters) - Transactions on a new China-led digital currency platform have surged to over $55 billion, a new report shows, the latest sign that efforts to build alternatives to dollar ...
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