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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...
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
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
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...
China’s Central Bank Uses Blockchain to Issue $2.8B Worth of Financial Bonds
9.12.2019
China issued $2.8 billion in blockchain-based special financial bonds for small and micro enterprises
Bitcoin Drops to $7,000 as China Vows to ‘Dispose of’ Exchanges
22.11.2019
China seeks to reinforce the crypto trading ban
Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank
4.11.2019
Huawei has signed a strategic cooperation agreement with the People’s Bank of China’s Digital Currency Research Institute
China’s Central Bank Introduces Certification System for Fintech Products
30.10.2019
The People’s Bank of China, the country’s central bank, has introduced a new system for certifying 11 types of fintech hardware and software
What Role Should Central Banks Have Launching Stablecoins Like Libra?
21.10.2019
Facebook wasn’t prepared for the backlash associated with Libra. But should central banks have a role in helping the stablecoin launch — and if so, what? #Sponsored
China’s Fintech Stocks Soar Over 50% in 2019 Amid CBDC Anticipation
27.9.2019
China’s fintech stocks rise more than 50% in 2019 amid anticipation for state-backed crypto, a new report says
The People’s Bank of China (PBoC) Keeps a Tighter hold on FinTech
3.9.2019
The most recent news declares that PBoC (The People’s Bank of China) is looking forward to keep a tighter grip on the country’s FinTech, digital lending markets, and Blockchain. Additionally, China’s national bank stated that it expects to use the technology to upgrade the flow...
500,000 BTC Payout, Sudden Slump: Hodler’s Digest, Aug. 26–Sept. 1
1.9.2019
In this week’s Hodler’s Digest, Bitcoin back in four figures, Craig Wright ordered to pay 500,000 BTC, and French police shut massive botnet
Is Blockchain Payments Integration in Messenger Apps Good for Crypto?
30.8.2019
While some analysts expect platforms like Libra to bolster crypto adoption, others fear the centralization of blockchain payments
People’s Bank of China Denies Media Reports About Launching State-Backed Cryptocurrency
30.8.2019
Recently, the People’s Bank of China, known as the Central Bank of the nation, has confirmed that the bits of gossip regarding the launch of a state-backed cryptocurrency is false. The declaration was made in the report by The Global Times, the official paper of the Communist Party of China...
Report: No Bank Account Needed to Transfer China’s Upcoming CBDC
30.8.2019
The upcoming China CBDC will be available to users without bank accounts, says Binance Research
China’s Digital Currency Will Be Two-Tiered, Replace Cash: Binance
29.8.2019
Binance claims the PBOC’s system will allow fund transfers without the need for a bank account using what it terms ‘decoupled’ banking