Friday, October 30, 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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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...