Tagged: jd technology

CBDCs: Chinese Banks Introduce Central Bank Digital Currency Hardware Prototypes for Multiple Applications

May 9, 2021 @ 10:52 pm By Omar Faridi |

Chinese banking institutions have introduced central bank digital currency (CBDC) hardware prototypes for several different use cases. The People’s Bank of China (PBoC), the nation’s central bank, and the Industrial and Commercial Bank of China (ICBC) have introduced prototype hardware devices that aim to offer support… Read More

Read more in: Blockchain & Digital Assets, Asia | Tagged ant group, banking, cbdc, cbdcs, central bank, central bank digital currency, china, digital currencies, digital renminbi, digital wallet, digital yuan, icbc, industrial and commercial bank of china, jd technology, jd.com, mainland china, mobile wallets, online wallet, payments, pboc, peoples bank of china, reserve bank, shanghai, smartphones, tencent, virtual currencies

Chinese Fintech Giant JD Technology Is Reconsidering Potential $3B IPO due to Nationwide Regulatory Crackdown

March 8, 2021 @ 10:55 pm By Omar Faridi |

Chinese authorities have increased their scrutiny of the nation’s Fintech sector. China’s regulators have now cracked down on JD Technology’s (potentially) $3 billion initial public offering. JD Technology, the Fintech division of Chinese digital commerce giant JD.com Inc., is reportedly looking into withdrawing its application… Read More

Read more in: Asia, Fintech, Politics, Legal & Regulation | Tagged beijing, china, fintech ipos, initial public offering, ipo, jd digits, jd technology, jd.com, mainland china, public offering, shanghai