Latest News for: Renminbi law

Edit

TikTok’s Chinese version Douyin sued Tencent for monopolistic behaviour

Metro USA 02 Feb 2021
... chat apps which should be prohibited by anti-monopoly law, ByteDance added. ($1 = 6.4561 Chinese yuan renminbi).
Edit

Ex-chairman of China’s Huarong Asset Management sentenced to death

Metro USA 05 Jan 2021
He was also convicted on a charge of bigamy. Lai was expelled from the ruling Communist Party in 2018 ... Schneps Connects ... Subscribe.. RSS iTunes Spotify Stitcher ... “The social harm was huge and the crimes were extremely serious and he should be severely punished according to law,” the court said. ($1 = 6.4614 Chinese yuan renminbi) ... .
Edit

Ex-chairman of China Huarong Asset Management sentenced to death

Metro USA 05 Jan 2021
Lai, who was expelled from the ruling Communist Party in 2018, was also convicted on a charge of bigamy. Reuters was unable to contact Lai or his lawyer for comment ... “The social harm was huge and the crimes were extremely serious and he should be severely punished according to law,” the court said. ($1 = 6.4614 Chinese yuan renminbi) ... .
Edit

Ex-chairman of China's Huarong Asset Management sentenced to death

Yahoo Daily News 05 Jan 2021
Read full article. 5 January 2021, 10.20 am·1-min read ... He was also convicted on a charge of bigamy. Lai was expelled from the ruling Communist Party in 2018 ... "The social harm was huge and the crimes were extremely serious and he should be severely punished according to law," the court said. ($1 = 6.4614 Chinese yuan renminbi) ... TRENDING ... .
Edit

China’s cryptocurrency journey explained

Cryptopolitan 29 Dec 2020
China and cryptocurrency law. In October 2020, China drafted a law that made the digital Yuan legal while its competitors were outlawed ... The law stated that the People’s Republic of China’s main currency is the Renminbi, which now exists in digital and physical form ... Anyone who breaks the law will get a fine, and their trading will cease.
Edit

Major step forward for digital renminbi: China Daily

Straits Times 15 Dec 2020
This marks a major step forward for the official launch of the digital renminbi, and signals the momentum is picking up pace ... At the forefront of this trend, China started testing a digital currency as early as 2014, and it is considering revising its bank law to pave the way for issuing of the digital renminbi.
Edit

Striving forward toward cashless society: China Daily editorial

China Daily 14 Dec 2020
This marks a major step forward for the official launch of the digital renminbi, and signals the momentum is picking up pace ... At the forefront of this trend, China started testing a digital currency as early as 2014, and it is considering revising its bank law to pave the way for issuing of the digital renminbi.
Edit

E-commerce Giant JD.com Starts Accepting Digital Yuan on Its Platform

Coinspeaker 07 Dec 2020
This will be one of the major giveaways to nearly 100,000 customers ... Back in October 2020, the People’s Bank of China (PBoC) proposed a law that recognizes Renminbi in both physical and digital forms. Besides, the law also bans all third-party digital currencies from private players ... next ....
Edit

Chinese E-Commerce Giant Allegedly Becomes First Online Platform To Accept CBDC

Koinpost 05 Dec 2020
The Suzhou Lottery For 200 Digital Yuan ... Apparently making the ground for the unveiling of the CBDC, China’s central bank suggested a banking law in the month of October, identifying the renminbi in both physical and digital forms ... Image by Tumisu from Pixabay. ....
  • 1
×