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

01 22, 2021 20:41 PM

Cash May Not Be King in China Anymore, but Reject It at Your Peril

Central bank punished 16 entities in the fourth quarter for refusing to accept paper money from customers

01 20, 2021 20:50 PM

South China City’s Digital Currency Test Aims to Keep Migrants From Heading Home for the Holidays

Shenzhen will hand out $3.1 million that can only be spent in the city in the days leading up to the Lunar New Year

01 07, 2021 20:04 PM

Wang Tao: Six Trends to Follow in China’s Economy in 2021

UBS’s chief China economist predicts a global recovery will help push Chinese export growth to 10% next year

01 04, 2021 16:12 PM

Bitcoin Breaches $34,000 as Rally Extends Into New Year

The world’s largest cryptocurrency gained as much as 9.8%, continuing to rally since a March crash saw it lose 25% amid the coronavirus pandemic

12 25, 2020 09:14 AM

CX Daily: China Launches Antitrust Probe Into Alibaba

China’s top regulators plan to hold talks with Ant Group. Sina is one step closer to delisting from the Nasdaq exchange

12 24, 2020 06:11 AM

Opinion: What China Should Do Next to Globalize the Yuan

China needs to improve the depth, breadth and liquidity of domestic financial markets if the yuan is to challenge the dollar, writes Gao Zhanjun

12 11, 2020 14:17 PM

Bank DBS to Launch Digital Currency Exchange

The crypto exchange is expected to start as early as next week, while the securities platform will be set up in the next few months

12 09, 2020 14:16 PM

Shanghai Jumps Into Global Top 10 of Attractive Cities

No. 5 Singapore expects higher place next year; No. 3 Tokyo struggles with talent

12 08, 2020 09:21 AM

CX Daily: How Chinese Apartment Rental Giant’s Business Fell Apart

Hong Kong prepares to test the digital yuan while becomes China’s first online mall to accept it

12 07, 2020 14:47 PM Becomes China’s First Online Mall to Test Digital Yuan

The e-commerce giant’s fintech affiliate will launch a pilot program this month in which customers can pay for certain items with digital yuan

12 05, 2020 16:45 PM

Hong Kong Prepares to Test Digital Yuan

People’s Bank of China will team up with Hong Kong Monetary Authority for trial, which will allow the digital currency to be used for cross-border payments

12 05, 2020 09:30 AM

Editor’s Picks: Sino-U.S. Tensions Heighten; Privacy Law Debates March On

Regulators mull how to supervise ‘too big to fail’ banks, and state firms confront increasing financing difficulties amid new wave of defaults

12 02, 2020 09:32 AM

CX Daily: China’s Digital Currency Ambitions Lead the World

China's manufacturing activity growth hits decade high, Caixin data shows. The U.S. intends to add four Chinese companies to its blacklist

12 01, 2020 19:18 PM

In Depth: China’s Digital Currency Ambitions Lead the World

The future of money is electronic and Beijing wants to own it

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