Digital Currency

China Digital Currency News - Caixin Global

While the Chinese government is concerned about the uncertain impact of Facebook's blockchain-based Libra, the PBOC is preparing to roll out its own digital currency soon.

In Depth: Facebook’s Cryptocurrency Ambition

Proposed Libra currency would start with a huge platform but still face regulatory doubts and management questions

05 08, 2021 09:30 AM

Weekend Long Briefing: What China’s Policymakers Said About Financial Opening and Carbon Neutrality at Boao

Views and insights from officials from the central bank, securities regulator and commerce ministry

05 06, 2021 13:04 PM

Asian Companies Accelerate Shift to Bitcoin as Price Surges

South Korean gaming giant Nexon buys $100 million in bitcoin, following Tesla

04 22, 2021 19:58 PM

China’s Digital Currency Won’t Have Major Impact on Global Financial Markets, Former Central Bank Governor Says

Use of the digital yuan in cross-border retail was trialed in March between Hong Kong and Shenzhen

04 13, 2021 16:09 PM

In Depth: Can China Overtake U.S. to Become World’s Top Consumer?

China’s 1.4 billion people are already top buyers of cars and smartphones, but they will have to start spending a lot more on services for the country to be No. 1

04 01, 2021 20:07 PM

China’s Central Bank Tests Virtual Yuan Across Borders

Under a one-day PBOC-sponsored pilot program, Hong Kong residents were allowed to use the digital currency to make payments in neighboring Shenzhen

03 24, 2021 20:12 PM

PBOC Says SWIFT Venture Aims to Iron Out Cross-Border Payment Issues

Finance Gateway aims to improve the stability of domestic connections with the global financial messaging system

03 22, 2021 20:30 PM

China’s Central Bank Digital Currency Will Offer Greatest Privacy Protection, Official Says

Lower information requirements for signing up to digital yuan can keep more data private, says PBOC’s digital currency chief

03 18, 2021 19:41 PM

Cops Bust Fraudsters Using Cryptocurrencies to Launder Ill-Gotten Gains

The case highlights how digital money is becoming a growing problem for law enforcement and financial regulators

03 06, 2021 19:31 PM

How China’s Digital Yuan Plans Could Bring Bitcoin’s Rally Unstuck

Central banks’ power to issue virtual money and proscribe rivals is a major risk for the crypto sector

03 02, 2021 16:27 PM

He Yafei: Global Unity Needed to Face Unprecedented Challenges

Humanity won’t be able to overcome the difficulties posed by the confluence of traditional and nontraditional security threats like the pandemic and climate change

02 24, 2021 17:56 PM

PBOC Joins Hong Kong and Thailand in Cross Border Digital Currency Project

The m-CBDC Bridge aims to facilitate real-time cross-border transactions

02 22, 2021 19:34 PM

Caixin China Biz Roundup: Diving into China’s Digital Currency Ambitions

In today’s episode: what former central bank chief has to say on the nation’s plans to build its own digital currency payments system; Beijing increases rare earths output quotas to a record high, possibly easing fears of export ban; and the country's efforts to tackle chemicals and compounds in the water cycle that could potentially harm human health

02 20, 2021 09:30 AM

Zhou Xiaochuan: China’s Choices in Developing Its Digital Currency System

Former central bank chief explains the reasoning behind the country’s digital currency payments system

Load more articles