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News
China’s Cryptocurrency Mining Dominance in Danger
2021-01-01T09:36:55.000+02:00
Crypto mining companies are leaving China for Nordic countries to take advantage of a plunge in electricity prices.
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Exchanges
China’s Leading Investment Bank Joins SGX as Securities Trading Member
2020-12-16T13:36:44.000+02:00
The SGX welcomed China International Capital Corporation (CICC Singapore) to increase financial connectivity with China.
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'We Are Not Like Libra': China's CBDC Won't Aim to Replace International Fiats
2020-12-14T10:46:17.000+02:00
"[...] We don’t have an ambition to replace existing currencies," said Zhou Xiaochuan, former PBC governor.
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China's Digital Yuan Completed 20K+ Transactions in Successful Weekend Trial
2020-12-14T08:09:11.000+02:00
Still, China's digital currency may not be used on a massive scale until 2023.
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News
Bitmain Launches International Version of AntSentry
2020-12-11T10:48:45.000+02:00
The company plans to make crypto mining easier with the launch of AntSentry International.
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DiDi, Meituan, Bilibili Participate in Suzhou’s Digital Yuan Test
2020-12-11T09:13:46.000+02:00
The city is distributing $3 million in digital yuan via the lottery.
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HKMA, PBoC Initiate Talks for Digital Yuan Testing in Hong Kong
2020-12-07T15:25:53.000+02:00
The Hong Kong regulator is willing to check the cross-border payment feature of the CBDC.
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Another Crypto Exchange Halts Withdrawals as China Detains Founder
2020-12-07T11:19:41.000+02:00
The founder has been in police custody for the last 15 days.
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Institutional FX
BGC Partners’ Subsidiary Launches Joint Venture in China
2020-12-07T11:11:32.000+02:00
GFI Asia Partners established a joint venture with Guizhou big data capital to offer OTC derivatives brokerage service.
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News
US Plans to Take on China in Bitcoin Mining
2020-12-04T13:51:35.000+02:00
Titan Mining announced the first North American enterprise-grade Bitcoin mining pool to compete with China.
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Exchanges
SGX Lists Domestic Bonds of China Development Bank
2020-12-03T09:23:48.000+02:00
China’s prominent bank listed a total of six fixed-rate bonds on the Singapore Exchange.
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Chinese Police Seize over $4.2 Billion from PlusToken Proceeds
2020-11-27T12:53:03.000+02:00
The scheme has defrauded 2.6 million investors of over $11 billion.
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News
China’s Leading Blockchain Infrastructure Provider Adds Polkadot
2020-11-26T14:10:11.000+02:00
BSN has announced the integration of Polkadot, Oasis, and Bityaun into its network.
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China Construction Bank Cancels $3 Billion Digital Bond Listing
2020-11-23T10:07:47.000+02:00
Fusang exchange confirmed that the listing has been suspended at the issuer’s request.
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Chinese Lender Taps Fusang to Issue Bonds Worth $3B on Blockchain
2020-11-11T13:47:22.000+02:00
These bonds can be traded with USD or Bitcoin.
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China’s UnionPay Signs Crypto Card Deal with Korean Cryptocurrency Paycoin
2020-11-04T16:28:29.000+02:00
The new virtual card will let users pay through Paycoin at more than 30 million UnionPay merchants worldwide.
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News
Hong Kong Central Bank Willing to Test Digital Yuan
2020-10-21T15:09:29.000+02:00
The regulator is interested in exploring CBDC's cross-border transaction capabilities.
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Institutional FX
Standard Chartered HK Applies for Chinese Broker License
2020-10-12T08:51:31.000+02:00
The bank is aggressively expanding its presence in Hong Kong, and now entering mainland China.
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Technology
China CITIC Bank Taps Refinitiv Platform to Expand eFX Trading
2020-09-18T11:19:38.000+02:00
The bank will use the Refinitiv Electronic Trading platform to expand its eFX trading capabilities.
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China's Largest Blockchain Initiative Adopts DAML as Smart Contract Language
2020-09-14T11:52:09.000+02:00
The DAML smart contract programming language was developed by Digital Asset, an American blockchain startup.
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Institutional FX
Credit Suisse to Move Investment Banking Hub to Madrid
2020-08-31T11:34:33.000+02:00
The bank earlier considered dividing its European investment banking operations into two cities.
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Exchanges
SGX Inks MoU with China’s GF Securities to Boost Capital Markets
2020-08-31T10:24:50.000+02:00
The deal aims to encourage stronger connectivity between the capital markets of the two countries.
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News
$50 Billion in Crypto Transferred outside China in 2019
2020-08-21T09:22:47.000+02:00
Chinese investors have to procure the cryptocurrencies from OTC desks.
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China Takes Digital Yuan Trial to Beijing
2020-08-14T12:38:41.000+02:00
The PBoC also decided to test the DCEP in the Greater Bay Area.
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News
China Registers Over 10,000 New Blockchain Firms This Year
2020-08-10T09:18:40.000+02:00
Most of these companies have operating capital as low as 5,000 yuan.
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See more
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