Draft would also legally recognize central bank digital currency
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The People’s Bank of China. Photo: VCG
China's State Council discusses a draft revision to the People's Bank of China Law, signaling centralized financial regulation…
The move aims to eliminate policy gaps and improve the country’s cross-border payment system
The tool expands funding channels for foreign monetary authorities as China pushes to internationalize its currency
Top financial regulator Ding Xiangqun says Beijing will strengthen global regulatory cooperation as geopolitical tensions, policy…
The move extends cross-border e-CNY payments to jurisdictions including Singapore, the UAE and Brazil
Draft revisions target corruption, bid-rigging and discriminatory clauses that have long sidelined non-state players
China bridges domestic and offshore yuan markets while tightening grip on digital currency
