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Europe's Economic Crossroads: Recession Fears and S&P Global's
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News
Chinese Police Arrest 27 Plus Token Masterminds
2020-07-30T15:05:26.000+02:00
The Ponzi scheme has reportedly defrauded $5.7 billion from the investors.
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Regulation
China Cracks Down on Illegal FX Trading, Arrests 150 People
2020-07-27T15:00:41.000+02:00
These operators were also involved in stealing the deposited funds.
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News
Chinese Central Bank Onboards Over 20 Firms to Test Digital Yuan
2020-07-27T09:08:57.000+02:00
The partnerships with DiDi Chuxing and Meituan Dianping have created a lot of international buzz.
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Payments
Deutsche Bank Partners with Airwallex, Enables API FX Services in HK
2020-07-27T08:39:33.000+02:00
Clients of Airwallex won’t need to open bank accounts in all markets where their clients are based.
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News
Japan's CBDC Initiative: The Next Step in the March Toward a Cashless World?
2020-07-22T08:56:48.000+02:00
A growing number of countries are exploring the development of CBDCs. What does it mean for the future?
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News
Ant Group Plans IPO with a Listing in Hong Kong and Shanghai
2020-07-20T13:34:26.000+02:00
The company might be valued at over $200 billion.
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Institutional FX
Standard Chartered Greater Bay Area Centre Set to Open in Guangzhou
2020-07-20T11:26:32.000+02:00
The number of its employees is expected to exceed 1,600 by the end of 2023.
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Executive Moves
Credit Suisse Announces Senior Appoints in CSFS in China
2020-07-17T06:34:35.000+02:00
The appointments have been made as part of its China onshore strategy.
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News
Chinese Police Seize $15M in Bitcoin in a Fake Crypto Bust
2020-07-09T14:20:11.000+02:00
The 10 arrested scammers were lavishly spending their ill-gotten cryptos.
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News
Ride-Hailing Giant DiDi Chuxing to Test China's Digital Yuan
2020-07-08T14:39:14.000+02:00
PBoC has already started to pilot the digital currency in a controlled manner.
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Institutional FX
Beijing-based AGM Group Holding Launches FXSC for FX traders
2020-07-01T15:18:46.000+02:00
FXSC is an online trading education and social trading network platform.
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FinTech
Alibaba’s Online Bank Unveils Five-Year Plan to Acquire More SME Customers
2020-07-01T10:09:27.000+02:00
The plan details MYbank’s aspirations to work with partners across multiple sectors to better serve SMEs across China.
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Institutional FX
Huatai Futures Partners with Trading Technologies
2020-06-16T09:45:39.000+02:00
The firms team up to provide connectivity to the Chinese international derivatives markets through the TT platform.
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Institutional FX
UBS AM Launches Ninth Onshore Fixed Income Fund in China
2020-06-15T14:14:18.000+02:00
The fund has filed with the Asset Management Association of China
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News
AmEx Becomes First Foreign Firm to Clear Payments in China
2020-06-15T09:04:40.000+02:00
The company will start clearing the Renminbi transactions later this year.
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Analysis
Analysis: Retail FX Traders Broke Transaction Records During Pandemic
2020-06-11T12:20:27.000+02:00
Detailed data confirms what was earlier seen in growing retail volume metrics
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Institutional FX
Credit Suisse Becomes China Joint Venture Majority Shareholder
2020-06-02T15:24:26.000+02:00
Janice Hu appointed chairwoman of Credit Suisse Founder Limited (CSFS)
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Institutional FX
Deutsche Börse Partners with Chinese Data Provider Wind
2020-05-28T12:12:40.000+02:00
The collaboration offers Chinese investors a gateway to the European market
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CryptoCurrency
Tencent to Invest $70 Billion in New Technologies Including Blockchain
2020-05-26T16:00:23.000+02:00
Chinese Internet-based company looks to move past Covid-10 impact
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News
PBoC Governor Says No Timeline Set for Digital Yuan Launch
2020-05-26T14:41:49.000+02:00
An industry insider, however, revealed the possible expedited launch of the digital currency.
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News
Bitcoin Miners in Sichuan Province Ordered to Shut Down in 'Orderly Manner'
2020-05-25T11:00:54.000+02:00
The Chinese province is said to be home to roughly 10 percent of Bitcoin's global hash power.
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Chinese Congress Reviews National Blockchain Fund Bill
2020-05-25T07:57:54.000+02:00
A bill to create a specialized national blockchain fund was submitted to China's congress during the annual 'Two Sessions'.
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Chinese Govt Advisors Propose Stablecoin for Cross-Border Payment
2020-05-22T15:19:03.000+02:00
If approved, this can be launched ahead of digital yuan.
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News
Local Chinese Authority Seeks to Curb Bitcoin Mining
2020-05-22T13:48:49.000+02:00
Sichuan province contributes almost 10 percent of China’s total hash rate.
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News
Chinese Police Nab 12 for Scamming OTC Crypto Investors
2020-05-21T08:52:25.000+02:00
The fraudsters defrauded investors for millions in local fiat.
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See more
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