People’s Bank of China will ‘undoubtedly’ launch digital yuan
The central bank said it would continue the development of a digital currency, with a view to launching as soon as practical..
Latest People's Bank of China News
People’s Bank of China close to launching digital currency: report
The Chinese central bank appears to have finished developing the digital currency’s basic function.
PBoC dismisses talk of ‘imminent’ China cryptocurrency launch
The governor of the People’s Bank of China, Yi Gang, doused any further speculation, saying China’s cryptocurrency project did not “have a timetable.”
Chinese central bank not issuing crypto in November: state media
The Chinese central bank is not issuing cryptocurrency in November, despite recent reports to the contrary, according to reports.
China reportedly set to launch its own cryptocurrency
China reportedly is more serious than ever to launch its own cryptocurrency, after a successful initial tests and minor tweaks.
China preparing to launch crypto response to Facebook’s Libra
The People’s Bank of China (PBOC) is going to introduce its own digital currency due to the perceived risks Libra poses to China’s financial system, according to news outlet.
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.
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.
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.
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.
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.
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.