China’s campaign to promote the global use of the yuan appears to be accelerating as the authorities seek to build a more ...

China's central bank plans to improve access for global investors and issuers to its financial markets by strengthening cross ...

Money laundering isn't new — and neither is China's role in it. Millennia ago, Chinese merchants developed schemes to "clean" the profits of commercial trade and avoid taxation. Today, their ...

The Chinese government has tried to internationalize the yuan and raise its stature as a global currency for decades. Hong ...

In 2017, the Chinese government was the largest cryptocurrency market in the world. It is estimated that as many as 80 percent of all Bitcoin transactions were taking place in Chinese currency, the ...

A $1.2 billion fined for overlooking money-laundering weighed on Bank of America’s earnings report released Wednesday. B of A ...

The Philippines is investigating the national security implications of alleged inflows of more than 300 million pesos ($4.8 ...

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 ...

At the conclusion of talks this month, Treasury Secretary Scott Bessent called money laundering “the result of fentanyl sales,” and said “both the People’s Republic of China’s government and the U.S.

(Reuters) -China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major ...

BUENOS AIRES (Reuters) - China is on a crash course with the United States over a major Chinese currency swap deal with Argentina that has buffered the South American country's depleted foreign ...

M2 and social financing are two mirrors of Chinese money supply and each measurement reflects different aspects of the money flow. Three items, namely trust loans, entrust loans, and Banker's ...