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China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto
16.8.2019
China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface
China’s Central Bank ‘Close’ to Launching Official Digital Currency
12.8.2019
An official at China's central bank has said the institution is nearing the launch of its national digital currency
Currency War Erupts as US and China Bring Out the Big Guns
6.8.2019
What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people...
Liquidity Difficulties in China: Second Bank Bail-Out Now Reality
1.8.2019
Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger...
China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief
11.7.2019
China should revamp its plan for a national digital currency in the face of Facebook's Libra cryptocurrency, says the central bank's former head
Chinese Central Bank’s Blockchain Trade Platform Processed $4.36B
8.7.2019
China’s central bank, the People’s Bank of China, has processed $4.36 billion in foreign exchange transactions on its blockchain platform since its inception
Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official
8.7.2019
China's central bank could hasten development of its own digital cash to counter the threat posed by Facebook's Libra cryptocurrency, an official says
PBoC’s Fintech Research Institute Is Hiring Blockchain Experts
21.5.2019
A research institute under the Chinese central bank has just announced 29 job openings – three of which focus on blockchain-related expertise.
Bitcoin Price Drops 10% as Chinese Exchanges Stop Bank Deposits
10.4.2014
Bitcoin prices sank under $403 after several Chinese exchanges made public announcements on their sites