Province Guangdong Financial News

03.07 / 06:47

Citi Digital Software Metro Discounts Customers Jinan, China: All Our Buses Accept Digital Yuan – And CBDC Customers Get Discounts

Jinan, China, says all of its bus routes now accept digital yuan pay, and will incentivize adoption by granting discounts to central bank digital currency (CBDC)-paying passengers.

10.06 / 06:41

UPS Provident Digital Enterprise PwC BAY Future Standard Shaping the Future of Banking: Standard Chartered and PwC China Release White Paper on Central Bank Digital Currency"

Standard Chartered, in collaboration with PwC China, have co-published a comprehensive white paper detailing the potential advancements in the future of banking, courtesy of Central Bank Digital Currency (CBDC). This report highlights the benefits that CBDCs could offer in retail sectors, international trade, and supply chain finance, as well as their potential to enhance customer loyalty programs and provide innovative supply chain financial solutions.

08.06 / 08:19

Citi Cooper Platform Strategy HSBC Financial UAE Central Bank and Hong Kong Monetary Authority Bolster Financial Ties

The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) convened a bilateral meeting on May 29, intending to amplify cooperation in the financial services arena between the two regions.

01.06 / 22:03

CBDC Adoption retail Standard Standard Chartered, PwC make case for programmable CBDC in China Greater Bay Area

British multinational bank Standard Chartered and PwC China have teamed up to produce a white paper on applications for central bank digital currency (CBDC) in the so-called Greater Bay Area of China – Guangdong Province, Hong Kong and Macao. Programmability will make all the difference, they concluded.

10.05 / 13:23

Citi Digital Citizens Platform Chinese Province Unveils Digital Yuan Adoption Plan & City Says ‘All’ Buses Now Accept CBDC

Chinese provinces are continuing to push digital yuan adoption, with the central bank digital currency (CBDC) set to find new uses in the worlds of education and public transport.

24.04 / 13:31

Blockchain CBDC Adoption regulation Yuan China to expand CBDC use case for Belt and Road Initiative

China is expanding the use cases for its central bank digital currency (CBDC) called digital yuan or e-CNY for its Belt and Road initiative and cross-border trades. The digital yuan a.k.a. digital RMB was one of the first CBDCs to be developed and widely tested. While there hasn’t been an official launch, the government has expanded its testing parameter to include multiple cities and millions of people.

31.03 / 13:09

Digital Man Citizens CNY China’s Digital Yuan Makes Import Tax, Commerce Breakthroughs – Are CBDCs Going Global?

Central bank digital currency (CBDC) adoption continues apace in China – where the digital yuan is breaking new ground in the worlds of import taxation and cross-border commerce.

02.03 / 14:31

CBDC Adoption Bank of China reports NOT Hong Kong citizens not interested in digital yuan: Reports

The Chinese government’s beloved project of central bank digital currency (CBDC) has not sparked much enthusiasm in the citizens of Hong Kong. In the first four days since the “digital yuan” (also known as “e-CNY”) hard wallets became accessible to the islanders, only 625 Hongkongers had actually obtained them.

02.03 / 14:25

CBDC Adoption China's Digital Yuan Fails to Gain Traction with Hong Kong Visitors – Is China's Digital Currency Facing a Roadblock?

Shenzhen, China started offering physical cards and discounts to Hong Kong tourists in order to drive the cross-border use of its digital yuan - but the first few days seem to have been a bit slow.

03.02 / 19:25

Blockchain COST Provident SUN Platform Samsung Will Hong Kong Be the Next Global Crypto Center?

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

17.05 / 13:51

Mining Bitcoin Hashrate China’s Global Bitcoin Hashrate Share Leaps up from Zero to Over 21% - Report

The latest Cambridge Bitcoin Electricity Consumption Index (CBECI) hashrate figures will make interesting reading for anyone in the Bitcoin (BTC) mining space.

15.03 / 12:07

Citi Waves Manufacturing 500 China's Covid spike worsens: Dongguan factory center locks down, new cases top 3,500 nationwide

BEIJING — China's worst Covid-19 outbreak since the initial wave of the pandemic worsened Tuesday with a major factory city ordering production halts.

08.03 / 15:09

Mining regulation Beijing Chinese police busts illegal crypto mining farm, seizes 190 miners

The Guangdong province’s Development and Reform Commission has reportedly busted an illegal crypto mining farm secretly operating in an electric vehicle charging station.

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