Wednesday, October 21, 2020
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...

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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....

NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...