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2021-03-25
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20:57","market":"hk","language":"en","title":"China Digital Yuan Will Co-Exist With Alipay, WeChat, PBOC Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1156972629","media":"Bloomberg","summary":"China’s central bank said its planned digital currency will co-exist with technology platforms like ","content":"<p>China’s central bank said its planned digital currency will co-exist with technology platforms like Ant Group Co.’s Alipay and Tencent Holdings Ltd.’s WeChat Pay, which currently dominate the online payments market.</p>\n<p>Mu Changchun, director of the People’s Bank of China’s digital currency research institute, outlined four reasons for the central bank’s development of its own electronic yuan:</p>\n<ul>\n <li>Safeguard monetary sovereignty. Bitcoin’s popularity in the past posed a threat to capital account management</li>\n <li>As a back-up toAlipay and Tencent Pay, in case they experience problems, either financially or technically. The two together make up 98% of the mobile payment market and if they had a setback, it could negatively affect China’s financial stability</li>\n <li>Improve efficiency of payments system</li>\n <li>Promote financial inclusion</li>\n</ul>\n<p>Mu was speaking Thursday during a panel discussion organized by the Bank for International Settlements.</p>\n<p>Regarding potential cross-border applications, Mu said digital currency supplied by one central bank shouldn’t impede other central banks’ ability to carry out their mandates for monetary and financial stability.</p>\n<p>He also called on other central banks to protect their monetary sovereignty and avoid the “dollarization” of digital currency.</p>\n<p>The PBOC is already trialing its digital yuan in some parts of the country and could be the first major central bank to issue a virtual currency.</p>\n<p>Speaking at a conference on the weekend, Mu tried to allay concerns around privacy, saying the electronic yuan has the“highest level of privacy protection”compared with existing payment methods. Users’ personal information will not be available to vendors, unlike with other digital payment platforms, he said.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Digital Yuan Will Co-Exist With Alipay, WeChat, PBOC Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Digital Yuan Will Co-Exist With Alipay, WeChat, PBOC Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-25 20:57 GMT+8 <a href=http://bloomberg.com/news/articles/2021-03-25/china-digital-yuan-will-co-exist-with-alipay-wechat-pboc-says?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China’s central bank said its planned digital currency will co-exist with technology platforms like Ant Group Co.’s Alipay and Tencent Holdings Ltd.’s WeChat Pay, which currently dominate the online ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-03-25/china-digital-yuan-will-co-exist-with-alipay-wechat-pboc-says?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06688":"蚂蚁集团","00700":"腾讯控股","BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"http://bloomberg.com/news/articles/2021-03-25/china-digital-yuan-will-co-exist-with-alipay-wechat-pboc-says?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156972629","content_text":"China’s central bank said its planned digital currency will co-exist with technology platforms like Ant Group Co.’s Alipay and Tencent Holdings Ltd.’s WeChat Pay, which currently dominate the online payments market.\nMu Changchun, director of the People’s Bank of China’s digital currency research institute, outlined four reasons for the central bank’s development of its own electronic yuan:\n\nSafeguard monetary sovereignty. Bitcoin’s popularity in the past posed a threat to capital account management\nAs a back-up toAlipay and Tencent Pay, in case they experience problems, either financially or technically. The two together make up 98% of the mobile payment market and if they had a setback, it could negatively affect China’s financial stability\nImprove efficiency of payments system\nPromote financial inclusion\n\nMu was speaking Thursday during a panel discussion organized by the Bank for International Settlements.\nRegarding potential cross-border applications, Mu said digital currency supplied by one central bank shouldn’t impede other central banks’ ability to carry out their mandates for monetary and financial stability.\nHe also called on other central banks to protect their monetary sovereignty and avoid the “dollarization” of digital currency.\nThe PBOC is already trialing its digital yuan in some parts of the country and could be the first major central bank to issue a virtual currency.\nSpeaking at a conference on the weekend, Mu tried to allay concerns around privacy, saying the electronic yuan has the“highest level of privacy protection”compared with existing payment methods. Users’ personal information will not be available to vendors, unlike with other digital payment platforms, he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322232793,"gmtCreate":1615808761012,"gmtModify":1704786818051,"author":{"id":"3573200544580317","authorId":"3573200544580317","name":"RobertNaga","avatar":"https://static.tigerbbs.com/91ec33f7e918c9fbeba4e60526bbe173","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573200544580317","idStr":"3573200544580317"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322232793","repostId":"1147524702","repostType":4,"repost":{"id":"1147524702","kind":"news","pubTimestamp":1615803806,"share":"https://ttm.financial/m/news/1147524702?lang=&edition=fundamental","pubTime":"2021-03-15 18:23","market":"us","language":"en","title":"Lordstown Motors on track with production of Endurance all electric pickup truck in September 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1147524702","media":"seekingalpha","summary":"Lordstown Motors Corp. +6.2% premarket, intends torespondas appropriate in due time with regards to","content":"<p><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a> +6.2% premarket, intends torespondas appropriate in due time with regards to a short-seller report written on the company byHindenburg Research on March 12, 2021.</p>\n<p>The company remains on track for start of production of its Lordstown Endurance all electric pickup truck in September 2021.</p>\n<p>The company will elaborate on its progress towards start of production, including providing an update on beta vehicle production and other important business developments on its first earnings call on March 17.</p>\n<p>Lordstown Motors shares plunged last week afterHindenburg accusesit of 'fake orders'.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lordstown Motors on track with production of Endurance all electric pickup truck in September 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLordstown Motors on track with production of Endurance all electric pickup truck in September 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 18:23 GMT+8 <a href=https://seekingalpha.com/news/3672477-lordstown-motors-on-track-with-production-of-endurance-all-electric-pickup-truck-in-september-2021><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lordstown Motors Corp. +6.2% premarket, intends torespondas appropriate in due time with regards to a short-seller report written on the company byHindenburg Research on March 12, 2021.\nThe company ...</p>\n\n<a href=\"https://seekingalpha.com/news/3672477-lordstown-motors-on-track-with-production-of-endurance-all-electric-pickup-truck-in-september-2021\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3672477-lordstown-motors-on-track-with-production-of-endurance-all-electric-pickup-truck-in-september-2021","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1147524702","content_text":"Lordstown Motors Corp. +6.2% premarket, intends torespondas appropriate in due time with regards to a short-seller report written on the company byHindenburg Research on March 12, 2021.\nThe company remains on track for start of production of its Lordstown Endurance all electric pickup truck in September 2021.\nThe company will elaborate on its progress towards start of production, including providing an update on beta vehicle production and other important business developments on its first earnings call on March 17.\nLordstown Motors shares plunged last week afterHindenburg accusesit of 'fake orders'.","news_type":1},"isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
