Digital banks will not have a physical presence and all banking services will be done online.. Read more at straitstimes.com. ( read original story …)
Featured Posts Title
Wang Yi reiterates Beijing’s rejection of South China Sea ruling
China, ASEAN to submit upgraded free trade deal to leaders in October, says China’s foreign minister
Trump reportedly threatened to ‘bomb the [expletive] out of Moscow’ and Beijing. Here’s context
China’s Chery denies allegations of fraudulent subsidy declarations
Tale of two cities whets the appetite for adventure
Beijing’s Growing Boldness: China’s Stance On Ukraine Sparks EU Alarm
Trade trumps geopolitics as Australia PM visits China
Recent Posts
Singapore to have 4 digital banks, with Grab-Singtel and Sea getting digital full bank licences
Norway’s central bank deputy governor Jon Nicolaisen resigns over China ties
Norway’s deputy central bank governor with responsibility for the world’s largest sovereign wealth fund has been forced to resign due to security concerns over his Chinese wife. Jon Nicolaisen, who … ( read original story…
US discussing ‘deal’ allowing Huawei’s CFO to return to China
The US Department of Justice is discussing a deal with Huawei Technologies chief financial officer Meng Wanzhou that would allow her to return home to China from Canada, where she was arrested on a US…
Global Internet of People Inc. Launches NASDAQ IPO Roadshows and Aims to Raise $28 Million to Develop the Knowledge Sharing Ecosystem
(GLOBE NEWSWIRE) — Global Internet of People, Inc. (the Company or “SDH”), a company operates a knowledge sharing and enterprise services platform both online and offline, today announced that … ( read original story …)
Intelligence chief Ratcliffe: No proof yet of election interference; China now biggest U.S. threat
U.S. Director of National Intelligence John Ratcliffe says American spy agencies have not yet found evidence of foreign entities changing votes and altering the recent election. Senior investigative … ( read original story …)
China Construction Bank’s blockchain bond efforts take a new direction
The world’s second-largest bank, China Construction Bank, has not given up on using blockchain technology for debt issuance. ( read original story …)
Exclusive: China comfortable with yuan rises for now as economy recovers, sources say
Chinese policymakers are comfortable with the yuan’s rise to two-and-a-half-year highs as a rebound in the world’s second-biggest economy accelerates and the central bank gives the market greater … ( read original story …)
Australia struggles to balance relations with the US and China
The relationship between China and Australia has been tense for years, but it has soured rapidly in 2020 over issues of the Covid-19 pandemic, human rights and trade tariffs. CNN’s David Culver looks … (…
Grab among digital bank bid winners in Singapore
SINGAPORE: Ventures linked to the super-app Grab and the Alibaba-owned Ant Group are among four winners of digital banking licences in Singapore, in the biggest banking liberalisation initiative in … ( read original story …)
Blockchain In Infrastructure Market: Comprehensive study explores Huge Growth in Future
An extensive elaboration of the Global Blockchain In Infrastructure market strategy of the industry players in the … ( read original story …)
Blockchain Market Analysis, Revenue, Price, Market Share, Growth Rate, Forecast to 2025
Global Blockchain Market Analysis, 2020 the Global Blockchain market is anticipated to grow at a CAGR of around 73.1% during 2020-25 The market overview includes key data points obtained from multiple … ( read original…
US Plans to Take on China in Bitcoin Mining
Titan announced that it has partnered with CoinMint and Core Scientific to establish the first-ever enterprise-grade bitcoin mining pool in North America. ( read original story …)
Trump is targeting China’s national champions on his way out the door
The Trump administration is continuing to inflict damage on China’s prized businesses in its final weeks, with actions that could make it harder for President-elect Joe Biden to rebuild relations once … ( read original…