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Fintech
Libra Won’t Succeed, Chinese Central Bank Will Be First to Launch Statutory Digital Currency: Top Chinese Politician
CBNEditor
-
October 29, 2019
0
A leading Chinese politician has stated publicly that he does not expect Facebook's proposed Libra digital currency to prove a success.
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Banking
Libra Could Signal Emergence of Globalised Hard Currency: Zhou Xiaochuan
CBNEditor
-
July 11, 2019
0
The former head of the Chinese central bank says that Facebook's plans to launch its own cryptocurrency in the form of Libra...
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Banking
People’s Daily Asks if Facebook’s Libra Will Open a Pandora’s Box
CBNEditor
-
July 3, 2019
0
The official newspaper of the Chinese Communist Party has expressed strident concern over Facebook's plans to launch its own cryptocurrency in the...
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Banking
Libra Will Be a Shock for Existing Financial and Monetary System: China’s National Institute of Financial Research
CBNEditor
-
July 2, 2019
0
The head of one of China's leading financial and economic think tanks has expressed concern about the potential impacts of Facebook's plans...
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Most Read
Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020
Fintech
CBNEditor
-
January 21, 2021
0
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
-
January 21, 2021
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
-
January 21, 2021
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
-
January 21, 2021
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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