Tag: the People’s Bank of China

Vowing to promote the healthy development of the country's real estate market, China’s central bank has said that it will safeguard the legal rights of home buyers and better satisfy ...

The People’s Bank of China has now allowed a new credit-scoring firm that is owned by a consortium including Ant Group to operate in Mainland China. The consortium also features ...

The Chinese government is now getting more serious about cracking down on the crypto sector as state authorities are bringing forces together to combat crypto operations in the nation. The ...

U.S. stock index futures surged on September 22, 2021, as fears over China’s Evergrande subsided after the property developer managed to negotiate a domestic bond payment deal, with investors. Now, ...

China has accelerated its developments and advancements in the blockchain space and has been vocal about the technology. The country is gradually rolling out its central bank digital currency (CBDC), ...

Today, China is already test-driving the future of finance like the rest of the world is stuck striving relentlessly to get its learner’s permit. In the last two weeks, the ...

China is currently promoting its central bank digital currency (CBDC) with a public $1.5 million giveaway. Reports emerged that Shenzhen city is launching a pilot program that will promote the ...

Singapore’s central bank has announced that it is considering to join hands with China to explore central bank digital currencies (CBDCs). The bank is joined by the financial regulatory authority ...

On June 8, reports emerged that China Zheshang Bank, a national commercial bank, issued the country’s first asset-backed commercial paper, ABCP, worth about $16.93 billion on a blockchain. The paper ...

The People's Bank of China (PBOC) said that it supports a blockchain-supported trade financing information platform. China's central bank proposed the platform for the Guangdong-Hong Kong-Macao Greater Bay Area. Several ...