Monday, April 12, 2021
Tags SWIFT China

Tag: SWIFT China

Chinese Central Bank Sheds Further Light on Joint-venture with SWIFT

The People's Bank of China (PBOC) has issued an official notice providing more information on Jinrong Wangguan Xinxi Fuwu Co., Ltd. (Financial...

SWIFT Obtains Approval for Fully Invested Subsidiary in China, Anticipates Rise in Cross-border Renminbi Settlement

The Brussels-based Society for Worldwide Interbank Financial Telecommunication (SWIFT) says it has obtained approval from Beijing for the establishment of a fully...

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Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...

Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...

Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....