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  2. Digital renminbi - Wikipedia

    en.wikipedia.org/wiki/Digital_renminbi

    Digital renminbi (Chinese: 数字人民币; also abbreviated as digital RMB and e-CNY), [1] or Digital Currency Electronic Payment (DCEP, Chinese: 数字货币电子支付; pinyin: Shùzì huòbì diànzǐ zhīfù), is a central bank digital currency issued by China's central bank, the People's Bank of China. [2] It is the first digital ...

  3. RMB Qualified Foreign Institutional Investor - Wikipedia

    en.wikipedia.org/wiki/RMB_Qualified_Foreign...

    Established in 2011, the Renminbi Qualified Foreign Institutional Investor (RQFII) program is a policy initiative that allows foreign investors who hold the RQFII quota to invest directly in Mainland China’s bond and equity markets. The program represents a continued loosening of China’s capital controls and departure from its predecessor ...

  4. History of central bank digital currencies by country

    en.wikipedia.org/wiki/History_of_central_bank...

    Since 2014, China's central bank has been working on a project called DCEP (Digital Currency Electronic Payment) or digital renminbi, [8] often also referred to as the "digital yuan" as it would be backed by the yuan. [9] At the end of 2017, the China's central bank organized a number of banks and institutions to jointly develop the DCEP system.

  5. China digital currency: e-CNY rollouts expand to Hangzhou and ...

    www.aol.com/news/china-digital-currency-e-cny...

    China will expand the trial of its sovereign digital currency to a number of Chinese cities including Chongqing, Tianjin, Hangzhou and Guangzhou, as the central bank works on incentives for banks ...

  6. How China’s Digital Currency Could Challenge the ... - AOL

    www.aol.com/news/china-digital-currency-could...

    Every morning, Mei Yi waves goodbye to his wife and 3-year-old son and sets off for his finance job in central Beijing, riding into town by public bike share. In recent weeks, however, Mei has ...

  7. Circle CEO: China’s Digital Currency Could ‘Bypass ... - AOL

    www.aol.com/news/circle-ceo-china-digital...

    Circle CEO Jeremy Allaire said China is setting the pace in the development of a digital currency equivalent of its fiat currency, the renminbi. Circle CEO: China’s Digital Currency Could ...

  8. Qualified Domestic Institutional Investor - Wikipedia

    en.wikipedia.org/wiki/Qualified_Domestic...

    Qualified Domestic Institutional Investor (simplified Chinese: 合格境内机构投资者; traditional Chinese: 合格境內機構投資者; pinyin: Hégé Jìngnèi Jīgòu Tóuzīzhě), also known as QDII, is a scheme relating to the capital market set up to allow financial institutions to invest in offshore markets such as securities and bonds.

  9. MBridge - Wikipedia

    en.wikipedia.org/wiki/MBridge

    Currently five entities are jointly developing mBridge. They include the Hong Kong Monetary Authority (HKMA), the Bank of Thailand (BoT), the Central Bank of the United Arab Emirates (CBUAE), the Digital Currency Research Institute of the People's Bank of China (PBC DCI), and the BIS Innovation Hub Hong Kong Centre (BISIH Hong Kong Centre). [1]

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