Monday, January 25, 2021
Tags Chinese statutory digital currency

Tag: Chinese statutory digital currency

Fintech

Chinese Central Bank Announces that Digital Renminbi Is Ready for Deployment

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The People's Bank of China (PBOC) has announced via its official news outlet that all preparations have been completed for the launch...
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Economy

Ex-Bank of China Head Sheds Light on Digital Renminbi Trials and Scheduling

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The former head of one of China's big six state-owned banks says that trials of the Central Bank Digital Currency (CBDC) are...
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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

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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Fintech

Peking University Professor Says Launch of China’s Central Bank Digital Currency Will Be History-Defining Event

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One of the China's leading academic experts on digital currencies has revealed key details on the country's long-awaited central bank digital currency...
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Fintech

China Commences Internal Testing of Central Bank Digital Currency

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The Chinese central bank has already commenced internal trials of its statutory digital currency, with plans for deployment on the Suzhou transit...
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Economy

Top Chinese Regtech Official Backs Use of Blockchain Technology for Central Bank Digital Currency

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The head of regtech for China's securities authority has written an essay in support of the use of blockchain technology for the...
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Fintech

Coronavirus Could Accelerate Launch of Central Bank Digital Currency: Ex-Bank of China Chief

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The former head of one of China's big six state-owned banks says the coronavirus could potentially have an impact on the Chinese...
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Banking

Ex-PBOC Governor Zhou Xiaochuan Weighs in on Chinese Central Bank Digital Currency, Facebook’s Libra

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Zhou Xiaochuan, the former long-standing governor of the Chinese central bank, shared his opinions on the People's Bank of China's (PBOC) proposed...
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Opinion

Libra and PBOC Digital Currency Show Difference in Chinese and US Approaches to Fintech – Interview with Nicholas Krapels

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Part Two of a Two Part Interview with Nicholas Krapels, Blockchain Lead at Konstellation In...
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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

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Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...
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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

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The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...
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Chinese Banks See Net Profits Decline 1.8% in 2020

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China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....
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Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

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A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...
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