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People’s Bank of China

China cracks down on extensive Tether-linked money laundering
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27 October, 2020

China cracks down on extensive Tether-linked money laundering

The central bank detailed a recent case in which its Huizhou City branch uncovered a cross-border online gambling operation that...
China digital yuan catering to small retail transactions
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27 August, 2020

China digital yuan catering to small retail transactions

The digital currency electronic payment has been on a test run, targeting small retail transactions amid preparations for nationwide rollout.
China adds 9th city to fintech regulatory sandbox
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25 July, 2020

China adds 9th city to fintech regulatory sandbox

Chengdu joins Beijing, Shanghai, Shenzhen in creating an enabling environment for blockchain, artificial intelligence, big data and more.
Digital yuan to be tested by Tencent-backed firms in China
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17 July, 2020

Digital yuan to be tested by Tencent-backed firms in China

The People’s Bank of China has already met with the Beijing company to discuss proposals to trial digital yuan across...
PBoC governor confirms ‘no timetable’ for digital yuan
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29 May, 2020

PBoC governor confirms ‘no timetable’ for digital yuan

Yi Gang, head of the Chinese central bank, said there was no date for an official launch yet for the...
China central bank to develop blockchain trade finance platform
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16 May, 2020

China central bank to develop blockchain trade finance platform

Participating banks will be able to share information on the blockchain, without the need for third party verification or intervention.
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