41 results about this entity
Period: 13 Oct 2004 - 08 Apr 2024
News/startups
The People's Bank of China (PBoC) has announced a re-lending scheme designed to boost the country's science and tech sector.
08 April 2024
News/regulation
Mastercard has finally secured formal approval to begin domestic payment processing in China, enabling the US firm to issue yuan-denominated banks cards in the country.
21 November 2023
News/crypto
China's central bank digital currency has passed $250 billion in transactions within one-and-a-half years of its launch.
21 July 2023
China's central bank has fined fintech behemoth Ant Group $985 million for violating a host of laws and regulations.
07 July 2023
News/payments
China's digital yuan wallet has been downloaded by 261 million people - about a fifth of the country's population - and been used for transactions worth 87.5 billion yuan ($13.8 billion).
22 June 2022
China's central bank has launched its CBDC wallet app on the Android and Apple app stores as it gears up for the forthcoming Winter Olympics.
05 January 2022
The People's Bank of China has given the greenlight to a new credit scoring company owned by a consortium including Ant Group and a collection of state-backed partners.
26 November 2021
A prototype of multiple central bank digital currencies (mCBDCs) developed by the Bank for International Settlements and four central banks has demonstrated the potential of using digital currencies and distributed ledger technology (DLT) for cheaper and safer cross-border payments and settlements.
28 September 2021
China’s central bank announced a clampdown on cryptocurrency trading on Friday, calling all digital currency activities illegal, and vowed to crack down on the sector.
24 September 2021
A trio of Republican senators has called on the US Olympic Committee to prohibit American athletes from using China's nascent digital currency at the 2021 Games in Tokyo.
20 July 2021
A Beijing-based software firm has been closed down by China's central bank because of its suspected involvement with crypto trading.
06 July 2021
This weekend, the two Chinese fintech giants Ant Group and Tencent prominently displayed posters during the Digital China Summit outlining a “history of cooperation with the PBoC on the digital yuan” according to the South China Morning Post.
26 April 2021
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