Bitcoin Bounces Back After Chinese Government Bashing
Perhaps Bitcoin is stronger and more resilient than its critics have suggested, as the virtual currency has seemingly bounced back after critical statements were issued by the Chinese government.
CBRC
Chinese Internet Behemoth Plans Retail Banks
Rumors on the Internet revealed that the Chinese B2B e-commerce group Alibaba has set up a commercial bank subsidiary, which has gained the approvals of the People's Bank of China and China Banking Regulatory Commission.
Renminbi Now Available To Swedbank's Customers In China
The China Banking Regulatory Commission has granted Swedbank a local currency license to use the Renminbi.