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Bank Of China Expands Tests of New Fintech Regulation to Six More Cities
27.4.2020
Bank of China has a plan for fintech development and it’s now expanding pilot projects in six more cities to strengthen fintech regulation
Digital Yuan to Fuel China’s Economic Reign – McDonald’s, Starbucks, Subway Test PBoC’s Cryptocurrency
24.4.2020
China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents...
Bank Of China Says Digital Yuan Will Not Cause Inflation
20.4.2020
Bank of China officially replies to the public about the digital Yuan and says it will not cause inflation
China Will ‘Undoubtedly’ Pursue Digital Yuan, Central Bank Says
6.4.2020
The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency
People’s Bank of China Continues CBDC Development Talks
5.4.2020
Bank of China continues CBDC development talks in Beijing via teleconference
Chinese Regulator Accuses Crypto Exchanges of Fraudulent Volumes
3.4.2020
The National Internet Finance Association of China accused foreign exchanges of wash trading, tampering with volume data, and staging outages to liquidate leverage traders
Bank of China Continues Anti-Crypto Narrative on WeChat
22.3.2020
Bank of China continues to voice its distaste for crypto and urges the public to pay attention to scams
China’s Central Bank to Inject $4.7M into Blockchain Trade Platform
9.3.2020
China’s blockchain trade platform has facilitated $12.4 billion in transactions between 38 banks and 1,900 firms since 2018
China's Digital Yuan Research Delayed Amid Coronavirus Epidemic
26.2.2020
The coronavirus outbreak has led to postponed work at various Chinese government institutions, including the organs responsible for researching and developing the digital yuan
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan
16.2.2020
The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central...
CoinDesk at WEF 2020: Crypto Themes to Watch as Davos Gets Underway
20.1.2020
Get your Fourth Industrial Revolution hardhats on. CoinDesk is at Davos to guide you through all things blockchain and crypto at the yearly confab of global leaders and their hangers-on
Digital Currency Manual for Chinese Officials in High Demand, Enters Second Printing
13.1.2020
Chinese party officials show interest in a manual on digital currencies as the government opens to blockchain technology
People’s Bank of China ‘Progressing Smoothly’ With Digital Yuan
6.1.2020
The People’s Bank of China says it is making smooth progress with the development of its forthcoming digital currency
Central Bank of China Official Says Digital Yuan Will Be Different From Bitcoin
24.12.2019
An official at China’s central bank says that the digital form of the yuan will be different from Bitcoin and stablecoins
Unlike Libra, Digital Yuan Will Not Need Currency Reserves To Support Value: PBOC Official
23.12.2019
PBOC wants to distinguish its own digital currency from rival private initiatives
PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
23.12.2019
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket...
Chinese Regulators Question 8 Crypto Companies in Shenzhen
20.12.2019
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...
China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division
11.12.2019
China’s securities regulator reportedly plans to set up a tech division that will be headed by the former chief of the central bank’s digital currency initiative
People’s Bank of China to Launch Pilot Projects on Cryptocurrencies and Fintech Innovation
10.12.2019
China’s central banking authority, the People’s Bank of China (PBOC), is planning to roll out the pilot project focused on digital currency electronic payment in two of its major cities, namely, Shenzhen and Suzhou in the near future. Reports also affirmed that the PBOC is likely to put to the test...