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

Tag: Chinese central bank digital currency

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

JD.com will play a key role in a trial project for the issuance of the digital renminbi to consumers in the Sichuan...

Most Read

Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

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