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Chinese Central Bank Governor Signals USD 37B Ant IPO May Still Happen


Alibaba boss Jack Ma. Source: a video screenshot, Youtube, Viva Technology What was set to become the biggest initial public offering (IPO) in the world – the floating of Chinese business giant Alibaba’s fintech and blockchain arm Ant Group – could well be back on at some point in the future,...

Digital Yuan Compatible with at Least Eight Chinese Bank Platforms


As many as eight commercial Chinese banks may be working on their own digital yuan wallets or banking platforms that can interoperate with the token, with banking groups outside the “big four” also set to roll out their own smartphone-based offerings. The country’s four biggest banks,...

Further Details of ‘Offline’ Chinese Digital Yuan ‘Hard Wallet’ Emerge


The masterminds behind the digital yuan – the forthcoming Chinese central bank digital currency – have provided further explanation about a new “hard” wallet, which makes no use of smartphone technology. Per Tencent’s media arm, the hard wallet, which resembles a conventional credit card but for...

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