China: WeiyangX Fintech Review SWIFT and the People’s Bank of China Digital Currency Research Institute Establish a Joint Venture Public records show that SWIFT has recently established a Financial Gateway Information Service Co., Ltd. in China with the People’s Bank of China Clearing Center and the People’s Bank of China Digital Currency Research Institute. SWIFT holds 55% of the shares through its Hong Kong subsidiary and the People’s Bank of China Clearing Center holds 34% of the shares. The company’s business scope includes information system integration, data processing and technical consulting. ( Source: SWIFT and the People’s Bank of China Digital Currency Research Institute Establish a Joint Venture