PBoC

China Lowers Loan Rates, Bitcoin Stable Above $26,600

On Tuesday, China's central bank reduced key interest rates on loans made by the state-controlled banking sector.

1 year ago

e-CNY Now Accessible For Securities Trading

Key Points: The Soochow Securities mobile application now allows investors to purchase securities using the e-CNY. The e-CNY payment feature…

2 years ago

Cumulative e-CNY Transactions Only Crossed $14 Billion In Two Years

Key Points: Xie Ping, a former People’s Bank of China research director, made critical public comments about China’s central bank…

2 years ago

China Disrupts $5.6 Billion Cryptocurrency Laundering Plan

China has successfully busted a 40 billion yuan ($5.6 billion) cryptocurrency laundering ring. Over the past several months, Chinese authorities…

2 years ago

China Central Bank To Increase Number Of e-CNY Test Sites

China will increase the number of digital yuan (e-CNY) test sites from 11 to 23, according to Lan Zou, chief of…

2 years ago

As Part Of The Government’s CBDC Giveaway, Chinese Citizens Will Receive 15 Million Yuan In Digital Currency

The People's Bank of China (PBOC), China's central bank, is putting its central bank digital currency (CBDC) to the test…

3 years ago

Former PBOC governor explains the reasons behind China’s crypto suppression

The former governor of the People's Bank of China (PBOC) has share His views on CBDCs and their role in…

3 years ago

The largest Ethereum mining pool will be provided by the PBoC after the move. providing services to Chinese miners

Spark Pool, the largest Ethereum mining pool that accounts for 25% of the network's total hashrate notification that they will…

3 years ago

PBoC China’s Shenzhen office closes 11 illegal crypto companies

According to info from Shanghai Securities News, one of many main monetary newspapers in China, the Shenzhen department of the…

3 years ago

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