Sunday, January 17, 2021
Tags Libra China

Tag: Libra China

Now’s not the Time for Global Stablecoin: Chinese Central Bank Official

A senior official from the People's Bank of China (PBOC) says that the time isn't yet ripe for the release of a...

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

Part Two of a Two Part Interview with Nicholas Krapels, Blockchain Lead at Konstellation In...

Libra Won’t Succeed, Chinese Central Bank Will Be First to Launch Statutory Digital Currency: Top Chinese Politician

A leading Chinese politician has stated publicly that he does not expect Facebook's proposed Libra digital currency to prove a success.

Tencent Says Libra Could Deal Crushing Blow to Chinese Payments Giants

Chinese internet titan Tencent has expressed concern about the potential for Facebook's proposed Libra cryptocurrency to destroy the dominance of China's incumbent...

Libra Could Signal Emergence of Globalised Hard Currency: Zhou Xiaochuan

The former head of the Chinese central bank says that Facebook's plans to launch its own cryptocurrency in the form of Libra...

People’s Daily Asks if Facebook’s Libra Will Open a Pandora’s Box

The official newspaper of the Chinese Communist Party has expressed strident concern over Facebook's plans to launch its own cryptocurrency in the...

Libra Will Be a Shock for Existing Financial and Monetary System: China’s National Institute of Financial Research

The head of one of China's leading financial and economic think tanks has expressed concern about the potential impacts of Facebook's plans...

Most Read

China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.