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Lu Lei, deputy head of the State Administration of Foreign Exchange, says technology like ChatGPT, an AI chatbot, could be used to study financial issues and inform monetary policy.
Commentary Last week, South Dakota Republican governor Kristi Noem rejected a bill (HB1193) to update the Uniform Commercial ...
Getting both WeChat Pay and Alipay as express payment options on the e-CNY app shows the People’s Bank of China’s increased effort to spur adoption of the country’s sovereign digital currency.
Outstanding levels of Digital Currency Electronic Payment, also known as e-CNY, stood at 13.61 billion yuan (US$2 billion) at the end of December, according to the People’s Bank of China.
Central banks may find they can have only two of these: a digital currency, transaction confidentiality and financial stability