Saturday, October 24, 2020
Tags Chinese cryptocurrency

Tag: Chinese cryptocurrency

Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

China Construction Bank Temporarily Launches Digital Renminbi Wallet

One of China's big six state-owned banks has provided the world with a brief glimpse of what wallets for China's digital renminbi...

Over $50 Billion in Cryptocurrency Flees China in a Year, Report Highlights Circumvention of Capital Controls

A new report points to a sizeable exodus of cryptocurrency from digital wallets sited in China over the past year, in a...

China Agrees to Greater Digital Currency, Fintech Cooperation with European Union

One of China's senior-most economic policymakers has flagged increased cooperation with the European Union in the areas of fintech and digital currencies....

Chinese Supreme Court Calls for Stronger Property Rights over Digital Currencies and Virtual Assets

The Chinese Supreme Court has flagged heightened protections for property rights in relation to digital currency in the lead up to the...

Cross-Chain Compatibility Will Unlock the Full Potential of CBDC’s: Sky Guo

As central banking moves towards the inevitability of digitization, global institutions and their governing countries must move in lockstep to ensure the...

China’s Central Bank Digital Currency Could Drive Disintermediation of Bank Accounts: JD.com Fintech Researcher

A senior researcher from the fintech vehicle of e-commerce giant JD.com says China's upcoming Central Bank Digital Currency (CBDC) could remove the...

Huobi China to Open Headquarters in Chongqing, Establish Regional Blockchain Industry Base

Singaporean-based cryptocurrency exchange Huobi plans to open new headquarters in the central Chinese mega-city of Chongqing.

Chinese Central Bank has Completed Backend Architecture for Statutory Digital Currency

A leading figure in the Chinese financial establishment has revealed that the People's Bank of China (PBOC) has already finished development of...

Central Bank Digital Currency Poses a Threat to US Dollar Hegemony: JPMorgan

A report from JPMorgan Chase & Co points to the potential for China's proposed central bank digital currency (CBDC) to undermine the...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...