In the News: Digital Currency Law; New QDII Quotas; and E-Commerce Probe

PBOC publishes draft law revision with new provisions on digital currency; SAFE official announces plans to roll out new QDII outbound investment quotas; and 2020 "Sword Net" operation to look into unfair competition in e-commerce sector

4 minute readOctober 27, 2020 at 05:36 AM

Vincent Chow

In the News: Digital Currency Law; New QDII Quotas; and E-Commerce Probe

PBOC draft law revision gives digital currency legal basis

China has incorporated its new digital currency into its wider currency regulatory framework. On Oct. 23, the People's Bank of China (PBOC) published a proposed

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