Correlation observed between PBoC liquidity injections and price of Bitcoin
Quick Take The People’s Bank of China’s (PBoC) continued liquidity injections into the market have been observed to coincide with...
PBoC
China should reconsider crypto ban, says former PBOC official
China might need to modify its regulations on cryptocurrencies to ensure it doesn’t miss out on technology developments in digital...
Digital yuan prioritizing privacy, crime prevention: PBOC governor
China’s central bank must ensure a “delicate balance” between user privacy protection and illicit activity prevention in developing its digital...
Chinese blockchain firms conducting financial businesses may be violating PBOC guidelines
The People’s Bank of China (PBOC) has reminded financial technology (fintech) firms to comply with financial laws and regulations, in...
China to speed up, expand digital yuan smart contracts, PBOC official says
The People’s Bank of China (PBOC), the nation’s central bank, plans to deploy more smart contracts for the digital yuan...
Complete anonymity never a consideration for CBDC: PBoC official
Authorities can inquire about and use users’ personal information in accordance with the law in the event of suspicious transactions,...
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Crypto fears now materialising, central bank body BIS says
LONDON, June 21 (Reuters) - Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are...
PBoC: Digital yuan trial expands to 11 more cities
On March 31, 2022, the People’s Bank of China held a symposium on the pilot work of digital RMB (digital...
PBOC branch chief seeks clarity on digital yuan as legal tender
People’s Bank of China (PBOC) Nanjing branch president Guo Xinming proposed amendments to the administrative law to clarify the digital...
China still has 10% of global Bitcoin transactions, PBOC says
China’s share in global Bitcoin transactions has now dropped to 10% from more than 90%, the People’s Bank of China...
