Keenly awaited by corporate treasurers, a central bank digital currency between Hong Kong and Thailand has taken a further step towards becoming a reality.
Beijing has filed no fewer than 84 patents centred on its digital currency and electronic payments system. What's the big idea? CT looks at China's virtual cash soft power push
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
China is at the vanguard of the new payments revolution and nowhere is set to feel the pain more than China’s banks. A new report outlines just how deeply new fintech is cutting into China’s bank revenues
The past week has been momentous for crypto currency proponents, with social media giant Facebook wading into digital assets, but big corporates are unlikely to use it.
As far as offshore renminbi hubs outside of Hong Kong go, London rules the roost, but Australia’s quiet but determined bid is showing what an RMB ecosystem could look like
Japan grants cryptocurrency body regulatory powers; blockchain firms in China need to register identities; Trading begins at Shenzhen-based HKEx owned commodities exchange.
A revolution in the way the public pays is being echoed in the corporate world. As the likes of BAML roll out innovation payment solutions for corporates, treasurers are weighing up the benefit.
Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.