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News

Shenzhen Announces 20 Million Digital Yuan Giveaway

  • The Chinese city announced to give 100,000 packets via a lottery, each worth 200 digital yuan.
Monday, 04/01/2021 | 07:26 GMT by Bilal Jafar
News

China’s Cryptocurrency Mining Dominance in Danger

  • Crypto mining companies are leaving China for Nordic countries to take advantage of a plunge in electricity prices.
Friday, 01/01/2021 | 07:36 GMT by Bilal Jafar
Exchanges

China’s Leading Investment Bank Joins SGX as Securities Trading Member

  • The SGX welcomed China International Capital Corporation (CICC Singapore) to increase financial connectivity with China.
Wednesday, 16/12/2020 | 11:36 GMT by Bilal Jafar
News

'We Are Not Like Libra': China's CBDC Won't Aim to Replace International Fiats

  • "[...] We don’t have an ambition to replace existing currencies," said Zhou Xiaochuan, former PBC governor.
Monday, 14/12/2020 | 08:46 GMT by Rachel McIntosh
News

China's Digital Yuan Completed 20K+ Transactions in Successful Weekend Trial

  • Still, China's digital currency may not be used on a massive scale until 2023. 
Monday, 14/12/2020 | 06:09 GMT by Rachel McIntosh
News

Bitmain Launches International Version of AntSentry

  • The company plans to make crypto mining easier with the launch of AntSentry International.
Friday, 11/12/2020 | 08:48 GMT by Bilal Jafar
News

DiDi, Meituan, Bilibili Participate in Suzhou’s Digital Yuan Test

  • The city is distributing $3 million in digital yuan via the lottery.
Friday, 11/12/2020 | 07:13 GMT by Arnab Shome
News

HKMA, PBoC Initiate Talks for Digital Yuan Testing in Hong Kong

  • The Hong Kong regulator is willing to check the cross-border payment feature of the CBDC.
Monday, 07/12/2020 | 13:25 GMT by Arnab Shome
News

Another Crypto Exchange Halts Withdrawals as China Detains Founder

  • The founder has been in police custody for the last 15 days.
Monday, 07/12/2020 | 09:19 GMT by Arnab Shome
Institutional FX

BGC Partners’ Subsidiary Launches Joint Venture in China

  • GFI Asia Partners established a joint venture with Guizhou big data capital to offer OTC derivatives brokerage service.
Monday, 07/12/2020 | 09:11 GMT by Bilal Jafar
News

US Plans to Take on China in Bitcoin Mining

  • Titan Mining announced the first North American enterprise-grade Bitcoin mining pool to compete with China.
Friday, 04/12/2020 | 11:51 GMT by Bilal Jafar
Exchanges

SGX Lists Domestic Bonds of China Development Bank

  • China’s prominent bank listed a total of six fixed-rate bonds on the Singapore Exchange.
Thursday, 03/12/2020 | 07:23 GMT by Bilal Jafar
News

Chinese Police Seize over $4.2 Billion from PlusToken Proceeds

  • The scheme has defrauded 2.6 million investors of over $11 billion.
Friday, 27/11/2020 | 10:53 GMT by Arnab Shome
News

China’s Leading Blockchain Infrastructure Provider Adds Polkadot

  • BSN has announced the integration of Polkadot, Oasis, and Bityaun into its network.
Thursday, 26/11/2020 | 12:10 GMT by Bilal Jafar
News

China Construction Bank Cancels $3 Billion Digital Bond Listing

  • Fusang exchange confirmed that the listing has been suspended at the issuer’s request.
Monday, 23/11/2020 | 08:07 GMT by Bilal Jafar
News

Chinese Lender Taps Fusang to Issue Bonds Worth $3B on Blockchain

  • These bonds can be traded with USD or Bitcoin.
Wednesday, 11/11/2020 | 11:47 GMT by Arnab Shome
News

China’s UnionPay Signs Crypto Card Deal with Korean Cryptocurrency Paycoin

  • The new virtual card will let users pay through Paycoin at more than 30 million UnionPay merchants worldwide.
Wednesday, 04/11/2020 | 14:28 GMT by Bilal Jafar
News

Hong Kong Central Bank Willing to Test Digital Yuan

  • The regulator is interested in exploring CBDC's cross-border transaction capabilities.
Wednesday, 21/10/2020 | 13:09 GMT by Arnab Shome
Institutional FX

Standard Chartered HK Applies for Chinese Broker License

  • The bank is aggressively expanding its presence in Hong Kong, and now entering mainland China.
Monday, 12/10/2020 | 06:51 GMT by Arnab Shome
Technology

China CITIC Bank Taps Refinitiv Platform to Expand eFX Trading

  • The bank will use the Refinitiv Electronic Trading platform to expand its eFX trading capabilities.
Friday, 18/09/2020 | 09:19 GMT by Celeste Skinner
News

China's Largest Blockchain Initiative Adopts DAML as Smart Contract Language

  • The DAML smart contract programming language was developed by Digital Asset, an American blockchain startup.
Monday, 14/09/2020 | 09:52 GMT by Rachel McIntosh
Institutional FX

Credit Suisse to Move Investment Banking Hub to Madrid

  • The bank earlier considered dividing its European investment banking operations into two cities.
Monday, 31/08/2020 | 09:34 GMT by Arnab Shome
Exchanges

SGX Inks MoU with China’s GF Securities to Boost Capital Markets

  • The deal aims to encourage stronger connectivity between the capital markets of the two countries.
Monday, 31/08/2020 | 08:24 GMT by Celeste Skinner
News

$50 Billion in Crypto Transferred outside China in 2019

  • Chinese investors have to procure the cryptocurrencies from OTC desks.
Friday, 21/08/2020 | 07:22 GMT by Arnab Shome
News

China Takes Digital Yuan Trial to Beijing

  • The PBoC also decided to test the DCEP in the Greater Bay Area.
Friday, 14/08/2020 | 10:38 GMT by Arnab Shome
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