Tuesday, December 7, 2021
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Tag: People's Bank of China

Jack Ma’s Ant Moves Ahead With Credit-Scoring Firm

Ant Group Co. is setting up a credit-scoring company with state-owned shareholder partners, as...

China declares all cryptocurrency transactions illegal

Promoters of cryptocurrencies say they allow anonymity and flexibility, but Chinese regulators worry they might weaken the ruling Communist Party’s control over the...

What Beijing’s new crackdown means for crypto in China

China does not recognise cryptocurrencies as legal tender and the banking system does not accept cryptocurrencies or provide relevant services (Subscribe to our Today's...

China Creates its Own Digital Currency, a First for Major Economy

A thousand years ago, when money meant coins, China invented paper currency. Now the...

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