Topics
Digital Currency
China is taking the lead in the race to become the first major economy to officially launch a sovereign digital currency, as its ongoing pilot programs have made headlines and its central bank officials have been offering explanations about the issue and what’s behind Beijing’s digital yuan ambitions.
In Depth: China’s Digital Currency Ambitions Lead the World
The future of money is electronic and Beijing wants to own it
Thai Crypto Unicorn Plots Expansion in Bid to Be Asia’s Coinbase
Bangkok-based Bitkub Online is exploring opportunities to set up its own units or partner with existing players in countries such as Malaysia, the Philippines and Laos
Beijing Selects 16 Fintech Innovation Pilot Projects
Even as authorities try to corral the sector, financial regulators set out to test new generation of ideas involving big data, cloud computing and artificial intelligence
CX Daily: China to Improve Links Between Digital Yuan and Payment Apps
The U.S. embassy and consulates resume visa services in China. A court in Shenzhen approves the country’s first personal bankruptcy liquidation
Full Text: Yi Gang on China’s Progress on the Digital Yuan
A delicate balance needs to be made between protecting privacy and preventing crime, the central bank governor told the 30th Anniversary Conference of the Bank of Finland Institute for Emerging Economics
China to Improve Links Between Digital Yuan and Payment Apps
Central bank Governor Yi Gang outlines plans to improve the new currency’s ecosystem in remarks before Bank of Finland forum
CX Daily: Tencent Unveils Three Computer Chips Of Its Own Design
Local Covid-19 outbreaks in the Chinese mainland have spread to 19 regions. The country’s top anti-graft agency tackles 36 PBOC-linked cases. Internet companies’ market values fall by a record amount
PBOC Says Digital Yuan Users Have Surged to 140 Million
Transactions in e-CNY, as the currency is known, reached $9.7 billion in trials rolled out in about a dozen regions in China, a top central bank official says
Shanghai Composite Index Rose 0.81% on Thursday
Shenzhen Component Index closed up 1.3%
Asia-Middle East Digital Currency Trial Reports Progress
Experiment involving central banks and financial institutions from China, the UAE, Hong Kong and Thailand completed $312 million of cross-border transactions
PBOC Has Limited Room to Ease Policy, Former Central Bank Adviser Says
Economic growth is likely to slow further in the coming months before it turns around, says Huang Yiping, who used to sit on the People’s Bank of China’s monetary policy committee
Kyle Bass’s Disastrous Hong Kong Short Got Cash Linked to Steve Bannon and Guo Wengui
The well-known investor lost big betting against the region’s currency, ensnaring some investors who funded his trade through what SEC says was an illicit stock offering
U.S. Replaces China as World’s Biggest Bitcoin Miner
Cambridge researchers find next to no activity in August in China after government crackdown since May
CX Daily: China’s Assault On Big Tech’s ‘Walled Gardens’
China and the EU are expected to publish the first set of common classification standards for sustainable finance by the end of this year
Shares Linked to Crypto Exchange Huobi Slump as Mainland Users Face Expulsion
In response to China’s latest virtual currency bans, company stops accepting fresh sign-ups and promises to close existing China-based accounts by year-end
Bitcoin Tumbles as China Widens Ban on Crypto Transactions
Central bank declares that all crypto-related transactions are illicit, including services provided by offshore exchanges
Sign in with Google
Sign in with Facebook
Sign in with 财新