Tag: People’s Bank of China
Deputy Governor Of The PBOC Reveals Details Of CBDC Testing
The PBOC official recently revealed some data regarding digital yuan testing.
The bank opened 113,300 wallets for personal use, and 8,859 for corporate...
China Begins Testing It’s Digital Version Of The Yuan
The Chinese government has spent most of 2019 denying the idea of them building a digital yuan. Now it appears that the deputy director...
China To Include Airdrops Into Crypto Ban
In the latest financial report released by the People’s Bank Of China (PBoC), the institution highlighted its stand in regards to cryptocurrencies. According to...
Why Jack Ma’s Alibaba Is Championing Blockchain In China
There is a company that stands out from the rest when it comes to blockchain technology and patents in particular. It's China's and Jack Ma's...
China Redoubles Efforts To Ban Bitcoin
China has been on a mission to eradicate cryptocurrencies from its market since September 2017, and new, more severe, bans will make it increasingly...
Over-The-Counter Bitcoin Platforms Thriving In China
Last year cryptocurrency exchange platforms were prevented from operating in China. Despite this decision, the Bitcoin industry is still alive and thriving on the...