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China: Is the PBoC's new 'reminder' on Bitcoin's status really new
"We remind the people once again that virtual currencies such as Bitcoin are not legal tenders and have no actual value support." The People's Bank of China [PBoC] has once again raised an alarm abouThe post China: Is the PBoC's new 'reminder' on Bitcoin's status really new appeared first on AMBCrypto. дальше »
2021-8-28 04:30 | |
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China’s Digital Yuan Used for Payment in Country’s Financial Markets
China’s Dalian Commodity Exchange has successfully used the digital yuan for fees settlement in the nation’s futures market, making it the first real application of the People’s Bank of China (PBoC) issued digital currency in the finance sector, according to a report by China Securities News Network on August 23, 2021. дальше »
2021-8-25 19:00 | |
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China’s Central Bank Launches Major Crypto Crackdown in Shenzhen
The crackdown on cryptocurrencies appears to be gaining steam in China. Local reports state that the Shenzhen branch of the People’s Bank of China (PBOC) has cleansed 11 companies for their illegal cryptocurrency activities. дальше »
2021-8-18 15:00 | |
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China’s Central Bank Vows to Keep a Close Eye on Crypto Trading
The Chinese central bank vows to keep high regulatory pressure on crypto trading in the country. PBoC to Continue Monitoring Crypto Trading The People’s Bank of China recently published the key takeaways of a meeting where the regulators discussed at length the progress on monetary policy in the first half of 2021 and the stepsRead More дальше »
2021-8-2 19:00 | |
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PBOC to Maintain High Regulatory Pressure on Crypto Trading for the Rest of 2021
China's central bank held a meeting to discuss work priorities for the second half of the year. It vowed to continue to put high regulatory pressure on virtual currency trading in the second half of the year. дальше »
2021-8-1 18:31 | |
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China hits back at senators 'making troubles' about digital Yuan
China plans to carry out the trial of its Digital Currency Electronic Payment [DCEP] or digital Yuan in 2022 during the Winter Olympics. In fact, according to People's Bank of China [PBoC] Governor FaThe post China hits back at senators 'making troubles' about digital Yuan appeared first on AMBCrypto. дальше »
2021-7-22 00:30 | |
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Why A Group of U.S. Senators Oppose Use of Digital Yuan in Beijing Winter Olympics
China’s central bank digital currency, the digital Yuan or e-CNY, is well on its way for full implementation. The People’s Bank of China (PBoC) release a Whitepaper with details on their CBDCs for the first time since the project was made public. дальше »
2021-7-20 03:08 | |
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How China’s CBDC Will Integrate Smart Contracts, Latest Progress Revealed
China’s central bank digital currency (CBDC) is moving fast towards its deployment. For the first time since the project was launched over 7 years ago, the People’s Bank of China (PBoC) has released a Whitepaper with the digital Yuan or e-CNY’s most important progress. дальше »
2021-7-17 01:00 | |
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China considers exploring e-CNY for cross-border payments
China will be taking another step forward in its mission to launch the country's digital e-currency. As per a recent report which cites the PBoC, the country will be exploring possibilities pertainingThe post China considers exploring e-CNY for cross-border payments appeared first on AMBCrypto. дальше »
2021-7-17 00:30 | |
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China Reveals Digital Yuan White Paper: Smart Contracts, $5.4B Settled, Large Transfers Traced
The working group involved with the research and development of the digital yuan for the People’s Bank of China (PBOC) has published a paper describing the digital currency’s progress. The PBOC initiated a task force dedicated to the creation of a digital yuan in 2014, and the recently published document is the project’s first white […] дальше »
2021-7-17 21:30 | |
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China’s e-CNY White Paper Criticizes Bitcoin; Reveals CBDC Project Uses Smart Contract
The People’s Bank of China (PBOC), China’s central bank, has published a white paper on its upcoming central bank digital currency (CBDC), otherwise known as the digital yuan or e-CNY. Notably, the document revealed that the project utilizes smart contract features for programmability. дальше »
2021-7-17 21:00 | |
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Why China’s Renewed Bitcoin Crackdown Isn’t Telling On Many Significant Levels
Even as Bitcoin attempts to gain a footing in the now downsized market owing to massive dumping witnessed in May following China’s ban on crypto-related activities, the PBOC seems not to be backing down on its move against Bitcoin miners and traders but instead, seems to have intensified its crackdown. On July 6, the Beijing […] дальше »
2021-7-9 22:32 | |
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China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services for cryptocurrency-related business activities. дальше »
2021-7-7 06:30 | |
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PBOC Issues a Warning Against Providing Advertising and Marketing Services to Crypto Businesses
The Central Bank of China canceled a Beijing company that provides software services for virtual currency transactions and closed its website as no institution may provide services to companies dealing with cryptocurrencies. дальше »
2021-7-6 21:04 | |
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Hellbent On Destroying Bitcoin: China Shuts Down More Companies Enabling ‘Crypto Trading Activities’
Two financial watchdogs in Beijing, the Beijing Local Financial Supervision and Administration Bureau and the Business Management Department of China’s Central Bank (PBoC) are shutting down firms that offer cryptocurrency-related services that enable crypto-trading. дальше »
2021-7-6 19:44 | |
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PBoC’s Beijing Office Cracks Down on Software Provider on Suspicion of Offering Crypto Services
Reiterating their stance on privately-issued cryptocurrencies, the Business Administration Department of the PBoC—China’s central bank, has “rectified” Beijing Tongdao Cultural Development Co. дальше »
2021-7-6 17:00 | |
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“More Rigid Policies Are Yet To Come,” Says Chinese Media While Beijing Subway Runs e-CNY Test
The Chinese media group Caixin Global published an editorial this week with the title, “It’s Time to Declare War on Cryptocurrency.” The editorial talks about how no other country than China has been more determined to “put an end to speculative trading of digital currencies” as the People’s Bank of China (PBOC) instructed several financial […] The post “More Rigid Policies Are Yet To Come,” Says Chinese Media While Beijing Subway Runs e-CNY Test first appeared on BitcoinExchangeGuide. дальше »
2021-6-30 16:38 | |
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Alipay, banks, and lenders join PBoC in boycotting crypto
China recently cracked down on cryptocurrencies once again, this time by essentially kicking out Bitcoin miners. The move caused the BTC/USD price to crash over the last week, and particularly over the weekend. дальше »
2021-6-22 11:20 | |
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PBoC Talks Crypto ‘Hype’ with Banks and Institutions & Prohibits Use of Their Services
They will also increase the investigation and monitoring of customers, including exchanges and OTC dealers and capital transactions, and will take immediate action against those still involved because crypto trading “disrupt normal economic and financial order” and “infringe people's property safety. дальше »
2021-6-22 17:02 | |
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Bitcoin Slips To $32K As China’s Central Bank Orders Banks To Block Cryptocurrency Transactions
People’s Bank of China (PBoC), the country’s central bank, has today directed local banks and payment institutions to stop providing cryptocurrency-related services such as account opening, trading, clearing, and settlement. дальше »
2021-6-22 16:57 | |
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China’s Central Bank Orders Institutions To Block Crypto Transactions
The People’s Bank of China (PBOC) said on Monday it has ordered banks and payment institutions to crackdown on crypto. The move comes after the nation enforced a series of mining shutdowns, the latest of which took place in Sichuan. дальше »
2021-6-22 16:36 | |
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PBOC Orders Major Banks, Alipay to Cease Servicing Crypto Companies
The People’s Bank of China (PBOC) has pressed major banks and payment platform Alipay to cease providing services linked to cryptocurrencies. The post PBOC Orders Major Banks, Alipay to Cease Servicing Crypto Companies appeared first on BeInCrypto. дальше »
2021-6-21 16:20 | |
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PBOC Instructs China’s Banks to Forbid All Cryptocurrency Related Activities Immediately
China’s central bank has sent notice to the country’s financial institutions instructing them to stop dealing with cryptocurrency transactions. The disclosure notes that the People’s Bank of China (PBOC) aims to protect Chinese citizens and “combat the speculation of Bitcoin and other virtual currency transactions. дальше »
2021-6-22 15:30 | |
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Digital Yuan to Be Stored in Physical and Digital Wallets, Official Says
The People’s Bank of China (PBoC) announced today that the digital yuan wallet will be inclusive for all to use. The post Digital Yuan to Be Stored in Physical and Digital Wallets, Official Says appeared first on BeInCrypto. дальше »
2021-6-12 18:30 | |
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Former PBOC Official Says Digital Yuan Not Developed to Monitor Transactions
A former official of the People’s Bank of China (PBOC) argued that contrary to opinions about China’s central bank digital currency (CBDC), the digital yuan was not developed for monitoring purposes. дальше »
2021-6-1 21:00 | |
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Former PBoC Official Denies Digital Yuan Will Be a Surveillance Tool
A former People's Bank of China (PBoC) official has defended China by clarifying its motivations behind developing a central bank digital currency (CBDC). The post Former PBoC Official Denies Digital Yuan Will Be a Surveillance Tool appeared first on BeInCrypto. дальше »
2021-5-31 15:00 | |
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Digital yuan conceived to counter Alipay-like platforms, says former PBoC executive
Chinese "crypto dad" and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government.
дальше »2021-6-1 12:33 | |
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HKMA Ready to Expand Cross-Border Digital Yuan Test After Successful Pilot
The Hong Kong Monetary Authority (HKMA) and the Digital Currency Institute of the People’s Bank of China (PBOC), are looking to expand the testing of China’s central bank digital currency (CBDC) for cross-border payments. дальше »
2021-5-14 00:30 | |
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China’s Digital Yuan Receives Lukewarm Response from Early Users
The People’s Bank of China (PBOC) is inching closer to becoming the first major central bank to launch a sovereign digital currency. The bank has rolled out several ambitious pilot programs in recent months in a bid to test how the digital currency, dubbed the digital Yuan, would work in real life. Heading to theRead More дальше »
2021-5-10 17:01 | |
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Digital Yuan Launch Draws Near: JD.com Employees Paid in e-CNY, Tencent, Ant, Mastercard Engage With PBoC
China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption, as big-name corporations like the e-commerce giant JD.com, Mastercard, […] дальше »
2021-5-5 22:00 | |
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Digital Yuan Is Closing In On A Full Release As Major Institutions Start Using The CBDC
Ant Group, a wholly-owned subsidiary by Alibaba, has been partnering with the People’s Bank of China (PBoC) on the central bank digital currency, popular as CBDC, a report from South China for the past four years China Morning Post reads. дальше »
2021-4-28 22:00 | |
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China Could Test Digital Yuan With Foreigners at 2022 Winter Olympics
A top executive of the People’s Bank of China (PBOC) revealed that it was planning to test its proposed digital yuan with foreigners at the upcoming 2022 Winter Olympics in Beijing. International Trial for Digital Yuan According to CNBC on Sunday (April 18, 2021), Li Bo, deputy governor of the PBOC said that international visitorsRead More дальше »
2021-4-20 06:01 | |
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China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown
After the well-known crypto crackdown launched by the Chinese government four years ago, it seems there is now a change in the tone from the country’s central bank. At least that’s what has been suggested recently by the deputy governor of the People’s Bank of China (PBoC). дальше »
2021-4-20 01:30 | |
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The ‘Main Role’ of Bitcoin and Stablecoins is “Investment Alternatives,” says China’s Central Bank
PBOC Governor further said China is only looking into some kind of “minimal” regulatory requirement to prevent the speculation. The post The ‘Main Role’ of Bitcoin and Stablecoins is “Investment Alternatives,” says China’s Central Bank first appeared on BitcoinExchangeGuide. дальше »
2021-4-20 18:00 | |
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China’s Central Bank Looking to Regulate Bitcoin as an Investment Vehicle
High ranking officials of the People’s Bank of China (PBOC) have hinted that the apex bank is looking for ways to regulate bitcoin (BTC) as an investment vehicle, as they have major roles to play in the future, according to a Weixin report on April 18, 2021. дальше »
2021-4-20 15:00 | |
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China Asserts Bitcoin is an ‘Investment Alternative’
The remarks were made at a CNBC panel at the Boao Forum for Asia. It was here that the PBoC deputy governor, Li Bo, said, “We regard bitcoin and stablecoins as crypto-assets[…]These are investment alternatives. дальше »
2021-4-19 13:25 | |
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Chinese regulator says Bitcoin is an ‘alternative investment’
Li Bo, a deputy governor of People’s Bank of China (PBoC), the country’s central bank, said over the weekend that Bitcoin and stablecoins are ‘alternative investments’ in the eyes of the law. The post Chinese regulator says Bitcoin is an ‘alternative investment’ appeared first on CryptoSlate. дальше »
2021-4-19 11:35 | |
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China’s CBDC Trial Expands to Hainan Province
The People’s Bank of China (PBOC) has expanded the trials of their CBDC to the Hainan Province. It has announced an event with the hopes of publicizing the use of the new digital currency. Members of the Sansha City government, including their staff, enterprises, and permanent residents, will be the main participants of this trial. дальше »
2021-4-9 18:31 | |
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Bitcoin Price Surge Could Be Fueling Interest in Digital Yuan, Says PBOC
China’s central bank, the People’s Bank of China (PBOC) has stated there is increased interest in its upcoming central bank digital currency (CBDC) project, and this could be partly due to the recent surge in bitcoin price. дальше »
2021-4-2 19:00 | |
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China’s biggest bank says Bitcoin is driving its efforts in this key area
An official of the People’s Bank of China (PBoC), the country’s central bank and chief financial regulator, said yesterday that the burgeoning Bitcoin space was one of the reasons behind the resurgence of the country’s own digital currency plans. дальше »
2021-4-2 15:14 | |
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Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention
Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay. дальше »
2021-4-2 03:18 | |
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