Friday, April 23, 2021
Tags Chinese central bank digital currency

Tag: Chinese central bank digital currency

Banking

Zhou Xiaochuan Says Development of Central Bank Digital Currency Will Not Lead to Creation of Unified Global Money

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The former head of the Chinese central bank has highlighted the challenges faced by efforts to achieve cross-border usage of central bank...
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Fintech

China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

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Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...
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Economy

Still No Schedule for Official Launch of Digital Renminbi a Year After Start of Testing: Chinese Central Bank

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A senior official from the Chinese central bank says that there is still no formal timetable for the official launch of the...
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Fintech

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

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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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Economy

Digital Renminbi Provides Highest Level of Privacy Protection to Users But Anonymity Can Only Ever Be Partial: Chinese Central Bank

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The head of the Chinese central bank's digital currency unit says that the Digital Renminbi will seek to protect the privacy of...
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Fintech

Interview with PIIE Senior Fellow Martin Chorzempa on the Launch of China’s Digital Renminbi

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China Banking News recently spoke to Martin Chorzempa, a senior fellow at the Peterson Institute for International Economics and an expert on...
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Banking

Chinese Central Bank Calls for Exploring Digital Renminbi’s Cross-border Payments Potential in Greater Bay Area

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A senior official from the People's Bank of China (PBOC) who is also a delegate to the National People's Congress (NPC) has...
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Economy

Does China’s Digital Renminbi Pose “Biggest Risk” to Bitcoin Market?

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Despite barring domestic Bitcoin trading over three years ago, analysts say China could still have an adverse effect on the global market...
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Banking

People’s Bank of China Teams up with Other Central Banks on Research into Digital Currencies

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The People's Bank of China (PBOC) is teaming up with its counterparts in a slew of other jurisdictions to work together on...
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Fintech

Chengdu Launches 40 Million Yuan Digital Renminbi Lottery with JD.com’s Assistance

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JD.com will play a key role in a trial project for the issuance of the digital renminbi to consumers in the Sichuan...
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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

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The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...
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20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

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The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...
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National Fiscal Revenues in China Rise over 24% in First Quarter

Economy CBNEditor - 0
China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...
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Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Banking CBNEditor - 0
Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...
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