Thursday, January 21, 2021
Tags Digital currency electronic payments

Tag: Digital currency electronic payments

Shanghai Tongren Hospital Trials Use of China’s First Digital Renminbi “Smart Card”

A leading hospital in Shanghai has seen the launch of a new "smart card" that serves as a physical vessel for the...

Zhou Xiaochuan Highlights Differences Between Digital Renminbi and G7 Central Bank Digital Currencies

Zhou Xiaochuan, the former chair of the People's Bank of China (PBOC), said that the digital currency/ electronic payments (DC/EP) system currently...

Digital Renminbi Will Enable Precision Control of Money Supply: Ex-Bank of China Head

Li Lihui (李礼辉), former head of the Bank of China and current head of blockchain research at China's National Internet Finance Association,...

Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals

The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...

Chinese Central Bank Digital Currency Seen Driving Cross-border Payments, Renminbi Internationalisation

Chinese experts see the central bank digital currency (CBDC) as a vital means of facilitating cross-border transactions and expediting the internationalisation of...

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KPMG Releases List of China’s Top 50 Fintech Companies in 2020

Accounting giant KPMG has just released its latest list of the leading fintech companies in China.

China’s State-owned Enterprises to Pursue Greater International Cooperation Post-COVID-19

The State Assets Supervision and Administration Commission (SASAC) hopes to expedite the expansion of Chinese state-owned enterprises (SOE's) into cooperative projects in...

Beijing Aims for Internet of Things Security Standards by 2022

The Chinese central government says it will drive the creation of security standards for Internet of Things (IoT) technology in China over...

TikTok’s Chinese Counterpart Confirms Addition of Online Payments Function

Douyin, the Chinese counterpart to social media giant TikTok, has confirmed that it is now capable of providing payments functions following the...