Tagged: yao qian

China: WeiyangX Fintech Review

Workforce Operational Solution Provider Quhuo Files for U.S. IPO On June 4th, Quhuo, a workforce operational solution provider for China’s consumer service industry, filed for an IPO on the U.S. stock market. According to the F-1 prospectus document, Quhuo plans to be listed on the… Read More

China’s Central Bank Testing Prototype Cryptocurrency

Over a month ago, speculation abounded on whether China was developing its very own cryptocurrency to essentially digitize RMB. Now we know quite certainly that the Central Bank of China has developed and is currently testing a cryptocoin. Planned Integration with Commercial Banks Although there… Read More

Senior Chinese Official Says Bitcoin and Ethereum are of National Interest

Yao Qian, the Deputy Director of the Science and Technology Department at the People’s Bank of China, China’s central bank, recently authored an extensive report on digital currencies. In the report, Yao Qian highlights many of the advantages and disadvantages of digital currencies, focusing much… Read More

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