Singapore based digital trade finance network Contour has partnered with the Shenzhen Fintech Institute, a subsidiary of The People’s Bank…
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China’s digital yuan has moved beyond pilot status, with transaction volumes now exceeding US$2 trillion and cross-border settlement activity accelerating.…
2025 has undeniably been the year Hong Kong’s fintech ecosystem began swimming in the deep end. From the enforcement of…
Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the…
At the 2025 edition of Hong Kong Fintech Week, which ran from November 03 to 07, the financial sector, the…
Tech companies from China have reportedly paused their plans to launch stablecoins in Hong Kong following directives from mainland regulators.…
Digital banks in Hong Kong are no longer the curious newcomers they were back in 2020. Five years on, they’ve…
China is considering permitting the use of yuan-backed stablecoins for the first time in a move that could support wider…
Bank Indonesia (BI) and the People’s Bank of China (PBOC) have begun a series of trials for cross-border QR code…
China has placed three major payment platforms, Alipay, Tenpay and NetsUnion Clearing Corporation, under the direct anti money laundering oversight…
China CITIC Bank International Limited (CNCBI) has announced it will introduce services and a customer offer related to Payment Connect,…
The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) officially launched Payment Connect on 22 June…
The head of China’s central bank has promised to boost the global adoption of the digital yuan and called for…
China’s Cross-Border Interbank Payment System (CIPS) and the Central Bank of the United Arab Emirates (CBUAE) have signed a MoU…
The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) have signed a Memorandum of Understanding (MOU)…
Hong Kong residents can now set up digital yuan (e-CNY) personal wallets using only their Hong Kong mobile phone numbers.…
UnionPay, a Chinese state-owned financial services firm, has unveiled Project Excellence 2024 in a bid to optimise payment services across…
Ant Group, in response to new policies by the People’s Bank of China (PBOC) aimed at facilitating international visits, has…
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) unveiled six policy measures to bolster financial…
Mastercard NUCC, a joint venture between Mastercard and NetsUnion Clearing Corporation, has been issued a bank card clearing license by…