Before a summit between China’s President Xi Jinping and U.S. President Donald Trump, American Express has received the go-ahead to open up card-clearing services in...
To head off financial risks, the People’s Bank of China (PBOC) plans to manage growth of the money supply. Its remarks could be seen as...
The People’s Bank of China has announced new anti-money laundering (AML) and counter-terrorism financing regulations for online financial institutions (FIs). According to Reuters, the new...
In what might be seen as a move to boost both lending and spending in China — and extend buying power as Chinese citizens wield...
Bruegel, a think tank based in Brussels, is calling for regulation of digital currency exchanges at the European Union (EU) level, as well as more...
For China, cryptos are anathema, while the blockchain is to be embraced, or so it seems in light of recent policy and project announcements. China...
China is striving to curb cryptos, and speculation -- with nascent adoption of blockchain in financial services and beyond. Might "smart banking" and "smarter shipping"...
To help stimulate credit flows to local governments and companies, The People’s Bank of China has injected 149 billion renminbi – or $22 billion –...
According to reports in CoinDesk, care of a Chinese government official, China’s central bank has completed its work on a blockchain-based system for digitizing checks...