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Nalezeno "chinese central bank": 41

Chinese Central Bank: In Pilote Stage, Digital Yuan Has 261M Active Users

20.1.2022
China’s central People’s Bank of China (PBoC) has claimed over 261m users in the nation activated digital yuan wallets by the end of last year – in addition to the 20 million-plus who have downloaded its official pilot app, which was released to marketplaces in some cities earlier this...

Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores

4.1.2022
China’s digital yuan is inching ever closer to rollout – with a pilot version of a central bank-issued app and wallet released on Apple and Android app stores in the country.... Read More: Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores

Chinese Central Bank Vows to Develop Real Estate Market

27.12.2021
The Chinese central bank recently promised a healthy development of the real estate industry in the region. In addition, the financial institution talked about safeguarding the home buyers’ legal rights and satisfying their living needs. The PBOC (People’s Bank of China) released the statement...

Chinese Central Bank: NFT, Metaverse ‘Could Become Money-Laundering Tools’

29.11.2021
The Chinese central bank’s anti-money laundering chief has spoken out about non-fungible tokens (NFTs) and metaverse projects – suggesting that there may be a need to regulate these sectors in the same manner as it polices cryptoassets. In two crackdowns (one in September 2017 and the second...

China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets

7.11.2021
China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about...

Crypto adoption is a ‘huge challenge,' says Chinese central bank exec

24.9.2021
PBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins

Chinese Central Bank Opts For Usual CBDC Rhetoric In Bashing Bitcoin, Stablecoins

8.7.2021
Source: Adobe/Prostock-studio Similarly to other central banks, China’s central bank has taken another swipe at bitcoin (BTC), stablecoins and “private digital currencies” – claiming that they have inherent potential “risks that threaten financial security.” At a recent press conference, Fan Yifei...

Chinese Central Bank Calls Bitcoin an ‘Investment Alternative’

19.4.2021
China may be softening its tone on cryptoassets, almost four years after it exacted a crackdown on bitcoin (BTC), altcoins and crypto exchanges, with encouraging remarks from Li Bo, the new deputy governor of the central People’s Bank of China (PBoC). Li Bo was quoted by multiple media outlets...

Chinese Central Bank Governor Signals USD 37B Ant IPO May Still Happen

26.1.2021
Alibaba boss Jack Ma. Source: a video screenshot, Youtube, Viva Technology What was set to become the biggest initial public offering (IPO) in the world – the floating of Chinese business giant Alibaba’s fintech and blockchain arm Ant Group – could well be back on at some point in the future,...

Former Chinese Central Bank Exec Praises "Commercial Success" of Bitcoin

6.6.2020
Wu Xiaoling highlighted the benefits of the Bitcoin network and highlighted some of the weaknesses it faces nowadays

Ex-Chinese Central Bank Executive Talks of Bitcoin’s ‘Commercial Success’

5.6.2020
The former vice president of People’s Bank of China (PBoC) has spoken out about Bitcoin (BTC), calling it the most successful commercial application of blockchain technology yet – but claiming it also has crucial weaknesses. Per Sina, Wu Xiaoling, who served as the vice president of the PBoC...

Chinese Central Bank Calls for Yet More Blockchain Adoption

13.5.2020
The Chinese central bank’s technology leads have called for more blockchain adoption in the bank’s own operations and the wider, government-owned financial sector. Per Sina, the People's Bank of China (PBoC)’s Financial Technology Committee held its first meeting of the year this week, with...

Chinese Central Bank Makes it Official: Digital Fiat Tests to Begin

20.4.2020
The Chinese central bank, the People’s Bank of China (PBoC), has officially confirmed a number of digital currency testing reports – and has indicated that testing will soon begin in the country’s capital, Beijing. The PBoC has also rushed to insist that a digital yuan rollout will not spark...

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...

Chinese Central Bank: Digital Yuan Is Not for Speculation

23.12.2019
Source: iStock/ma-no The head of the People’s Bank of China (PBoC)’s digital currency research institute Mu Changchun has confirmed that a “digital form of the yuan” is on its way – but claimed that the digitized fiat would be “different from Bitcoin or stablecoins.” The PBoC chief also stated that...

Chinese Central Bank Issues USD 2.8m Worth of Blockchain Bonds

6.12.2019
Source: iStock/杨培培 The People’s Bank of China (PBoC) has issued some USD 2.8 billion worth of blockchain-issued financial bonds to small business loans in China. Per reports from Xinhua and Naeil Shinmun, the central bank says that it used its “own independently developed blockchain bond issuance...