Tuesday, October 27, 2020
Tags Chinese virtual currency

Tag: Chinese virtual currency

Beijing Categorises Bitcoin Mining as “Eliminated” Industry

The Chinese central government plans to officially including the mining of virtual currencies such as Bitcoin on its list of "eliminated" industries....

Top PBOC Researcher Says Central Bank Digital Currency Can Optimise Payments and Monetary Policy

The Chinese central bank's top digital currency researcher has hailed the potential for virtual currencies to improve both payment systems and monetary...

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Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...

Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...

Digital Lender XWBank Sees Q3 Profits Rise 32%

Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...