Friday, January 22, 2021
Tags Chinese digital currency electronic payments

Tag: Chinese digital currency electronic payments

Fintech

Xiong’an New Area to Trial Use of Digital Renminbi for Cross-border Payments

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The Xiong’an New Area in Hebei Province has unveiled plans to explore the use of the digital renminbi (central bank digital currency...
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Economy

Still No Release Schedule for China’s Central Bank Digital Currency: PBOC

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A senior official from the Chinese central bank says there is still no date for the official rollout of its digital currency/...
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Fintech

Baidu’s Launch of China’s First Virtual Bank Card Unrelated to CBDC Trials

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Baidu's recent release of a virtual "digital bank card" has triggered much speculation over its ties to the central bank digital currency...
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Fintech

Chinese Supreme Court Calls for Stronger Property Rights over Digital Currencies and Virtual Assets

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The Chinese Supreme Court has flagged heightened protections for property rights in relation to digital currency in the lead up to the...
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Opinion

Cross-Chain Compatibility Will Unlock the Full Potential of CBDC’s: Sky Guo

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As central banking moves towards the inevitability of digitization, global institutions and their governing countries must move in lockstep to ensure the...
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Fintech

Meituan Dianping to Take Part in Trials of China’s Central Bank Digital Currency

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Beijing-based food delivery and consumer sales giant Meituan-Dianping has joined the exclusive cohort of companies participating in trials of China's central bank...
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Banking

China’s Statutory Digital Currency Won’t Undermine Mobile Payments: Central Bank’s CBDC Chief

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The head of digital currency research for the Chinese central bank says that its upcoming statutory digital currency (also referred to as...
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Fintech

China’s Central Bank Digital Currency Likely to Co-exist with Third Party Payments over the Long Haul

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A leading blockchain expert says that there is room for China's new central bank digital currency (CBDC) to co-exist alongside established third...
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Banking

No Schedule Yet for Launch of Central Bank Digital Currency: PBOC Governor Yi Gang

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The governor of the Chinese central bank says that it has not assembled a concrete timeline for the launch of its much-anticipated...
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Economy

Central Bank Digital Currency Poses a Threat to US Dollar Hegemony: JPMorgan

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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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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

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China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...
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China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Economy CBNEditor - 0
Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...
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Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

Finance CBNEditor - 0
The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...
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Pinduoduo Owner Applies for Payments Trademark

Fintech CBNEditor - 0
A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.
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