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PBOC Governor: China Continues to Pursue Yuan Internationalization for Cross Border Payments

The People’s Bank of China is pushing to make the renminbi, popularly known as the yuan, an efficient international currency for international settlements. Pan Gongsheng, Governor of the People’s Bank of China, reinforce...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

PBOC Governor: China Continues to Pursue Yuan Internationalization for Cross Border Payments
The People’s Bank of China is pushing to make the renminbi, popularly known as the yuan, an efficient international currency for international settlements. Pan Gongsheng, Governor of the People’s Bank of China, reinforced that the institution is still promoting financial cooperation with the Global South. PBOC Governor: Yuan Internationalization Still an Objective for China China […]

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This maps to the Institutional Adoption hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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