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Articles for Digital Renminbi

Measures to be tougher on cyberfraud
3 weeks, 6 days ago

Measures to be tougher on cyberfraud

China Daily  

China has strengthened efforts to tackle telecommunications and cyberspace fraud by designing restrictions on not only those conducting the fraud, but also those offering bank or online payment accounts for the fraudsters, as a new guideline was issued on Tuesday. The guideline, which comprises joint punishment measures for telecommunications and internet fraud and related crimes, was jointly issued by the …

Fraud Telecommunications Bank Restrictions Accounts Deputy Head Digital Renminbi Wallets
Saudis join intl digital currency project
6 months, 2 weeks ago

Saudis join intl digital currency project

China Daily  

This undated file photo shows an exterior view of the People's Bank of China in Beijing, capital of China. Saudi Arabia has joined Project mBridge — a cross-border platform for experimenting with central bank digital currencies for international trade — as a full participant, which experts said will add resilience to global trade by facilitating renminbi settlement for bulk commodities …

Global International China Trade Settlement Bank Global Trade
Fast forward on the path to digital RMB in globalized and networked era
6 months, 3 weeks ago

Fast forward on the path to digital RMB in globalized and networked era

China Daily  

A staff member demonstrates the payment with China's digital yuan, or the e-CNY, during the first Global Digital Trade Expo in Hangzhou, East China's Zhejiang province, Dec 12, 2022. The issuance and circulation of digital currencies, especially sovereign digital currencies authorized by central banks, will profoundly change the existing international monetary, clearing and settlement, and financial systems. As a digital …

China Era Currencies Digital Currencies Digital Renminbi
GBA Briefs
1 year, 5 months ago

GBA Briefs

China Daily  

CUHK's biobank gets global recognition The Chinese University of Hong Kong's biobank of data and human tissue samples has received international accreditation. New service center to lift youth development The newly established Macau Youth Development Service Centre went into operation on June 30, signing cooperation agreements on 46 projects with various institutions and enterprises, including Jinan University and China International …

Travel China Hong Kong Service Foreign Trade Route Hong
GBA Briefs
1 year, 5 months ago

GBA Briefs

China Daily  

CUHK's biobank gets global recognition The Chinese University of Hong Kong's biobank of data and human tissue samples has received international accreditation. New service center to lift youth development The newly established Macau Youth Development Service Centre went into operation on June 30, signing cooperation agreements on 46 projects with various institutions and enterprises, including Jinan University and China International …

Travel Youth China Trade Hong Kong Service Route
Revised bank law set to give green light to digital RMB
4 years, 1 month ago

Revised bank law set to give green light to digital RMB

China Daily  

China's central bank is revising a law to make way for issuing the country's digital currency, and the public will be able to exchange the new type of money only at certain qualified commercial banks, according to officials and analysts. Revising the central bank law confirmed that the digital renminbi will become legal tender, having the same legal position and …

Bank Digital Digital Currency Currency Central Renminbi Pboc