A decline in international students, including those from China, has forced the owners of student accommodation in Australia to turn their properties into residential or co-living flats, analysts said …
Tagged By banking
Beijing banks add support for digital yuan at 3,000 ATMs
Customers of the Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China can now exchange cash for digital yuan and vice versa …
China’s central bank urges Alipay and banks to crack down on crypto speculation
The People’s Bank of China said it summoned payments firm Alipay and several major lenders to tell them they must not provide crypto-related services.
China central bank urges tougher crackdown on cryptocurrencies
China’s central bank said on Monday it had summoned some banks and payment institutions recently, urging them to crack down harder on cryptocurrency trading.
China’s central bank calls for tougher measures on digital currencies
The Peoples Bank of China has held talks with a number of Chinese banks and financial institutions urging them to thoroughly screen clients accounts for …
China’s central bank has ordered domestic banks and payment providers not to offer crypto services
China’s central bank ordered domestic financial institutions to cut the payment channels of clients involved in cryptocurrency transactions.
Banks fall in line as China’s central bank cracks down on crypto accounts
China’s central bank has called on major state banks and payment services providers like Alipay to reinforce anti-crypto restrictions.
China’s central bank urges tougher crackdown on cryptocurrencies
China’s central bank said on Monday it had summoned some banks and payment institutions recently, urging them to crack down harder on cryptocurrency trading. The People’s Bank of China’s meeting …
China May local govt special bond issuance at 452.4 billion yuan
China’s local governments issued 452.4 billion yuan (US$70 billion) in special bonds in May, compared with 343.9 billion yuan the previous month, …
Red Finance: a Little-Known Battlefront Behind the 100-Year CPC
The Communist Party of China has managed to create its own financial system in its nearly 100-year history. The system supported the regime to become powerful and helped in the development and …
China Continues Bitcoin Mining Crackdown to Improve Capital Controls Enforcement, Enhance RMB Protections, Strength Digital Yuan Use-Case: Report
China continues crypto mining crackdown to improve capital controls, enhance RMB protections, strength digital yuan use-case: Report .
Bitcoin falls to 2-week low as Crypto faces China’s backlash
China has ordered payment platform Alipay and domestic banks to not provide services linked to trading of virtual currencies.
Bitcoin tumbles 8% after China steps up crackdown on crypto mining, shutting down 26 key sites in Sichuan
Sichuan authorities have ordered bitcoin miners to “clean up and terminate” their operations, according to media reports.