Digital Currency

China Digital Currency News - Caixin Global

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

12 09, 2022 18:57 PM

Opinion: Is the World on the Brink of an Entirely New Era?

If we are in the early throes of a seismic shift, leaders must prepare to operate in a new world where their old assumptions no longer hold

12 01, 2022 15:59 PM

New York, Singapore Top List of Most Expensive Cities in the World

Tel Aviv, which held the No. 1 spot last year, got knocked down to third, while Hong Kong and Los Angeles rounded out the top five priciest places to live

11 18, 2022 04:46 AM

Singapore’s Temasek Writes Down $275 Million FTX Investment

Confidence in cryptocurrency exchange founder Sam Bankman-Fried ‘would appear to have been misplaced,’ state-owned investor says

11 14, 2022 20:19 PM

Hong Kong Crypto Firm Says Deposits at Risk After FTX Meltdown

New Huo Tech has around $18 million of digital currency assets deposited with the embattled crypto exchange

11 04, 2022 06:32 AM

China and Pakistan Set Up Offshore Yuan Clearing

South Asian nation becomes third country to do so this year, enabling use of Chinese currency in cross-border trade and investment

11 04, 2022 04:03 AM

Ant Digital Bank Expands in Singapore With Small Business Loans

Chinese fintech giant’s ANEXT Bank offers loans of $3,500 to $70,000 to small and medium-sized operations

11 02, 2022 15:03 PM

Shanghai Composite Index Rose 1.15% on Wednesday

Shenzhen Component Index closed up 1.33%

11 02, 2022 09:57 AM

CX Daily: Yuan Gets More International Love As Dollar Rivalry Grows

Xi says China will build a stable supply chain system with Vietnam. The country’s manufacturing contracts for the third straight month, Caixin PMI shows

11 01, 2022 09:40 AM

CX Daily: The Evolution Of Crime In China

Four Chinese nationals are among more than 150 people killed in a Halloween crowd crush in Seoul. Chinese yuan becomes the world’s fifth-most traded currency, a survey finds

11 01, 2022 06:12 AM

Digital Yuan Puts Priority on Privacy Protection, PBOC Chief Says

Central Bank Governor Yi Gang outlines e-CNY measures to protect personal data while combatting illicit activities

10 29, 2022 18:42 PM

China to Maintain Prudent Monetary Policy to Keep Yuan Stable, PBOC Governor Says

Yi Gang also said Beijing will further increase credit support for the real economy, while strengthening and improving financial supervision

10 28, 2022 13:23 PM

Weekly Must-Read: The Sudden Reversal of the Global Chip Shortage

China has been striving to become self-sufficient in semiconductors for over a decade and accelerated its efforts when Washington placed Huawei on a trade blacklist in 2020

10 26, 2022 16:43 PM

New Visa to Let Tourists With $130,000 Live in Bali for 10 Years

Indonesia adds to a list of countries from Costa Rica to Mexico offering long-term stays to lure professionals, retirees and other affluent people

10 25, 2022 15:03 PM

Shanghai Composite Index Ended Nearly Flat on Tuesday

Shenzhen Component Index closed down 0.51%

10 24, 2022 15:03 PM

Shanghai Composite Index Fell 2.02% on Monday

Shenzhen Component Index closed down 2.05%

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