Tags China

Tag: China

Thunes advances global footprint with Greater China expansion

Cross-border payments firm Thunes has revealed plans to substantially speed-up its expansion in Greater China as it deepens its global operational footprint.

Could 2022 be the year of the CBDC?

With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?

China’s exchange regulator fines Tenpay for misconduct allegation

China’s State Administration of Foreign Exchange has reportedly fined Tenpay, which is owned by Tencent Holding, for foreign exchange rules violations.

CBIRC calls on banks to aid supply chain finance reforms in...

The China Banking and Insurance Regulatory Commission (CBIRC) has asked banks in China to strengthen risk management in supply chain finance transactions.

EU and China publish sustainable finance common taxonomy

The European Commission and China have completed the initial phase of a project to create a common taxonomy for sustainable finance.

Hong Kong, mainland China to link regulatory sandbox to aid cross-border...

The monetary authorities in Hong Kong and China have agreed to create a one-stop sandbox platform to help companies develop cross-border FinTech products quicker.

Prodigy Finance raises $750m as it targets growth in China, Singapore...

Prodigy Finance, which helps students access international student loans, has reportedly collected $750m in a funding round.

China bans all cryptocurrencies in huge virtual currency crackdown

The People’s Bank of China (POB) has officially announced that all transactions including cryptocurrencies are illegal with immediate effect.

IDEX Biometrics teams up with Union Smart

Fingerprint identification and authentication solution developer IDEX Biometrics has teamed up with Union Smart Card to deploy its services in China.

China set to introduce digital yuan by early 2022

The People’s Bank of China (PBOC) has revealed it aims to fully launch the e-CNY digital currency by February 2022.

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