Tuesday, May 18, 2021
Tags Chinese central bank digital currency

Tag: Chinese central bank digital currency

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...

Shanghai Metro Vending Machines Accept Digital Renminbi for Payments

Vending machines in the Shanghai metro system are accepting payments using the Chinese central bank digital currency (CBDC).

Digital Renminbi Could Make Commercial Banks Redundant, Will Be a Rival to Third Party Payments Platforms: Ex-Bank of China Chief

The former head of one of China’s big four-state owned banks says that the Chinese central bank digital currency (CBDC) could make...

Ex-Bank of China Chief Says Digital Renminbi Will Transform Global Monetary System, Warns of Strategic Threat of Digital Greenback

The former head of one of China's big four-state owned banks forecasts that the Chinese central bank digital currency (CBDC) is destined...

Interoperability and Cross-border Transactions Essential to the Success of Central Bank Digital Currencies: Interview with Cypherium CEO Sky Guo

Sky Guo, CEO of blockchain platform Cypherium, says shoring up interoperability will be critical to the successful implementation of central bank digital...

SWIFT Launches Joint-venture in Beijing with Chinese Central Bank’s Digital Currency Research Institute

International payments organisation the Society for Worldwide Interbank Financial Telecommunication (SWIFT) has teamed up with the Digital Currency Research Institute of the...

Suzhou and JD.com Hold 30 Million Yuan Digital Renminbi Lottery in February

The Jiangsu province city of Suzhou is teaming up with e-commerce giant JD.com to stage the second large-scale lottery in the region...

Zhuhai Hopes to Launch Cross-border Digital Renminbi Trials in Conjunction with Macau

The Guangdong-province city of Zhuhai hopes to be one of the first cities to conduct trials for the cross-border usage of China's...

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China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...