Monday, April 12, 2021
Tags SWIFT China

Tag: SWIFT China

Fintech

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

CBNEditor - 0
The People's Bank of China (PBOC) has issued an official notice providing more information on Jinrong Wangguan Xinxi Fuwu Co., Ltd. (Financial...
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Banking

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

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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

Economy CBNEditor - 0
One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...
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Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

Banking CBNEditor - 0
The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...
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Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Economy CBNEditor - 0
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...
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Digital Renminbi Makes Its Debut on Renmin University Campus

Fintech CBNEditor - 0
Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....
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