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 read October 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.

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