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Wednesday, November 25, 2020
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Tag: Ripple

Fintech

Chinese Payment Provider LianLian International Joins Ripple Blockchain

CBNEditor - 0
Hong Kong-based payment provider LianLian International has announced that it will join the RippleNet payment network that facilitates cross-border transactions via the use of...
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PBOC Steps up Pressure on Chinese Payments Platforms with Doubling of Penalty Amounts

Finance CBNEditor - 0
The Chinese central bank has heightened its scrutiny of the payments sector with a sharp increase in the value of penalties imposed...
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China Construction Bank Withdraws from Digital Bond Issuance Due to “Over-excitement” in Cryptocurrency Circles

Fintech CBNEditor - 0
One of China's big six state-owned banks has withdrawn from plans to issue digital bonds in collaboration with a digital assets exchange...
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China’s Banking Authority Steps up Regulation of Trust Company Shareholders, Corporate Governance

Economy CBNEditor - 0
The China Banking and Insurance Regulatory Commission (CBIRC) has issued new regulations concerning the shareholders and corporate governance of domestic trust companies....
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Ant Group Grabs Approval for over $3 Billion in ABS Financing for Huabei and Jiebei Platforms

Fintech CBNEditor - 0
Chinese fintech giant Ant Group has just secured approval for 20 billion yuan (approx. USD$3.04 billion) in asset-backed security (ABS) financing.
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