Latest News Of People's Bank of China Tag
Business 4 January 2019
China central bank warns of ‘declining relevance’ for cash in digital payments boom
The central bank of China has warned of the declining relevance of cash, amidst a surge in the adoption of digital payment systems.
Business 6 November 2018
China to begin regulating airdrops
The country’s central bank, the People’s Bank of China (PBoC), is going to start taking a harder look at airdrops, which the bank describes as being nothing more than initial coin offerings (ICO) in disguise.
Business 19 September 2018
China’s central bank warns public (again) against cryptos, ICOs
the People’s Bank of China (PBoC) has issued yet another notice to remind everyone in the country against investing in cryptocurrencies and initial coin offerings (ICOs) amid reports that domestic crypto activities have been flourishing recently.
Tech 28 June 2018
PBoC seeks patent for digital wallet for tracking crypto transactions
The patent, submitted to China's State Intellectual Property Office (SIPO), describes a digital wallet that offers multi-signature security, managing encrypted digital assets with private keys.
Tech 6 June 2018
China central bank finishes blockchain system to replace paper checks
People’s Bank of China has announced that they have finished the development of a blockchain system that would digitize checks through smart contracts.
Business 26 March 2018
Freedom for crypto? China opens payments market to foreigners
The People’s Bank of China has decided to open the Chinese market to foreign investors, a development that could also boost the domestic cryptocurrency market.
Business 12 February 2018
China to make fintech checks a regular thing, and educate the public on investment risks
As China goes full-force in purging out cryptocurrencies, NIFA aims to make sure they stay out.
Business 6 February 2018
China extends ‘great firewall’ to block crypto websites
The long tradition of blocking unwanted foreign websites using the so-called Great Firewall of China has found a new target: cryptocurrency websites.
Business 6 February 2018
China to curb overseas cryptocurrency trading
ICO platforms are breeding grounds for illegal offerings, fraud, false information and pyramid schemes, says China's central bank.
Tech 5 January 2018
China plans energy restrictions for Bitcoin miners
China are reportedly planning to throttle power supplies to bitcoin miners, a move that sent shockwaves through Chinese cryptocurrency miners.
Business 6 November 2017
BTC trading crackdown prompts Chinese exchanges to reinvent
November marks the end of an era in China: BTC trading on domestic exchanges is now banned in the country.