Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

Banking

China Merchants Bank Grabs Approval for Joint-venture with JD Technology

CBNEditor - April 8, 2021 0

One of China's leading joint-stock banks has obtained the green light from regulators for a joint-venture with the fintech unit of Chinese...

Finance

JD Technology’s IPO Application Terminated by Shanghai Stock Exchange

CBNEditor - April 7, 2021 0

The Shanghai bourse has announced the termination of the application for an initial public offering (IPO) made by JD.com's fintech unit last...

Banking

Shenzhen and Hong Kong Commence Digital Renminbi Cross-border Payments Trials

CBNEditor - April 2, 2021 0

Trials for the use of the Digital Renminbi for cross-border payments purposes have commenced in the neighbouring cities of Shenzhen and Hong...

Economy

China Launches Its First Big Data Exchange in Beijing

CBNEditor - April 1, 2021 0

China has just seen the launch of its first big data exchange in the national capital of Beijing.

Banking

ICBC’s Fintech Unit Launches Subsidiary in Beijing, Enters Strategic Agreement with Municipal Regulators

CBNEditor - March 30, 2021 0

The fintech unit of China and the world's biggest bank in terms of assets has launched its own subsidiary in Beijing amidst...

Finance

Beijing Calls for Reductions in Payments Costs, Accelerated Use of Digital Renminbi to Drive New Forms of Consumption

CBNEditor - March 30, 2021 0

The Chinese central government has outlined a range of financial measures to help expedite new forms of consumption in the wake of...

Banking

Big Six Chinese Banks All Launch Digital Renminbi Wallets, Trial Initiatives for CBDC Accelerate

CBNEditor - March 28, 2021 0

China is fast expanding trials for the usage of the Digital Renminbi amongst both key financial institutions and at an increasing number...

Banking

China’s Banking Sector Sees Launch of 13th Fintech Subsidiary

CBNEditor - March 28, 2021 0

The Chinese banking sector has just seen the establishment of another fintech vehicle by a domestic lender.

Fintech

Curbs on Data Collection by Chinese Fintech Apps Set to Come into Effect at Start of May

CBNEditor - March 28, 2021 0

China is on track to launch new rules that place limits on data collection by financial apps, amidst efforts to tighten regulation...

Fintech

PBOC to Accelerate Digital Renminbi Deployment to “Back up” China’s Alipay, WeChat Dominated Payments System

CBNEditor - March 27, 2021 0

The head of the Chinese central bank's digital currency unit has flagged measures to accelerate the use of the Digital Renminbi, in...

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Fintech

AntChain Launches First International Standard for Blockchain Privacy

Chinese Central Bank Aids in Development of Two New Blockchain Standards

Chinese Investors Can Now Buy Government Savings Bonds Using Their Mobile Phones

Alipay Trials Digital Renminbi Account Transfers Using MYBank Wallet

PSBC to Create Digital Renminbi “Demonstration Village” in Dalian, Provide Payments Capability to Agricultural Market

Latest stories

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