2020-5-15 19:00 |
The Financial Technology Committee of the People’s Bank of China, the country’s national bank, held a meeting this week exploring blockchain technology and making decisions for its regulation within the country. origin »
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The Chinese central bank, known as the People’s Bank of China, has recently put up a recruitment notice on its official site. According to the job post, the state bank is looking for six tech experts who have a lot of experience with blockchain technology. Most of the people hired are set to work on […]
2019-10-12 02:52 | |
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With Hong Kong facing a shortage of cash due to defunct ATMs and the crash of PMC Bank in India leaving almost a million people without access to their accounts, Bitcoin could emerge as the savior of those facing financial crises.
2019-10-8 22:52 | |
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China’s central bank denied claims that it will roll out a cryptocurrency this November, adding that the parties involved in its distribution have been misconstrued, according to TechNode. The statement is a rebuttal to a widely circulated article by Forbes.
2019-10-2 03:05 | |
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Emily Parker, Co-founder of Longhash, was the latest guest on the Unchained podcast with Laura Shin today, and spoke about the cryptocurrency industry in China. During the interview, she talked about her interest in the Chinese cryptocurrency industry and that while there is purportedly a lot of transparent data on the blockchain, it isn’t necessarily […] The post People’s Bank of China’s stablecoin may make Bitcoin’s case stronger, claims Longhash’s Emily Parker appeared first on AMBCrypto.
2019-10-2 20:30 | |
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Shenzhen will be the testing grounds for China’s fascinating digital currency ambitions, this according to a central government document. As reported by Beloit Bulletin, September 30, People’s Bank of China (PBoC) plans to launch a significant research effort pertaining to the development of China’s national digital currency and others with hopes of fostering significant urbanRead MoreRead More.
2019-9-30 19:00 | |
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The Revolut fintech app is on an expansion drive, adding 3,500 people to its staff in a bid to outcompete VISA. The challenger bank is also a crypto-friendly app allowing exchanges to a wider audience.
2019-9-30 14:00 | |
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The Central Bank of Argentina (BCRA) published a list of people who will not be able to purchase any more U. S. dollars at the country’s exchange operators. The list is comprised of more than 800 people that won’t be able to conduct any more exchange operations because they exceeded the monthly limit of $10,000 limit.
2019-9-29 03:34 | |
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It’s that time to change your passwords again. Popular on-demand food delivery platform DoorDash has confirmed a data breach affecting 4. 9 million customers, workers, and merchants. The data was accessed by an unnamed third-party service provider on May 4, including profile information such as names, emails, delivery addresses, phone numbers, hashed and salted passwords, as well as the driver’s license numbers of nearly 100,000 delivery executives.
2019-9-27 08:02 | |
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Despite reports last month that China was readying itself to deploy its own government digital currency, it now seems the country is not so surefooted regarding the asset’s roll out. In a press conference in Beijing yesterday, The People’s Bank of China’s (PBoC) governor Yi Gang said that there is “no timetable” for the launch of its new digital currency, South China Morning Post reports.
2019-9-25 16:30 | |
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China has confirmed its plans to launch its own central bank-based digital currency but does not have a timeframe right now. This is what the local media outlet Global Times revealed after the local central bank, the People’s Bank of China, commented on the situation of the project. The governor Yi Gang was quoted by […]
2019-9-25 20:15 | |
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On Friday, Boston Federal Reserve Bank President Eric Rosengren delivered a speech in which he pointed out a threat from co-working business models that few people had even considered (including myself).
2019-9-22 03:17 | |
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People with less knowledge about cryptocurrency are the most likely to be positive on its future, according to research from Dutch bank ING.
2019-9-19 14:40 | |
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Were you thinking that cryptocurrency mass adoption was just around the corner? Well, perhaps think again. A recent study from Dutch bank ING has found that cash still reigns supreme. ING says in its report that general sentiments towards cryptocurrencies and their usefulness “have not changed drastically” since the bank conducted a similar survey a year ago.
2019-9-18 11:37 | |
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Coinspeaker China’s Digital Currency and Libra to Bring Significant Benefits for Financial Inclusion and Blockchain TechBoth Facebook and the People’s Bank of China, have announced their digital currencies and are looking to release them to the public as soon possible.
2019-9-12 16:22 | |
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The arguments as to why bitcoin is superior to the banking system are pretty clear cut to anyone that has used it. A decade ago BTC was conceived to cut out the fatcat middlemen and allow people to transact between themselves.
2019-9-12 15:30 | |
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China is set to launch the world’s first central bank digital currency (CBDC). As the majority of central banks, including in the US and Europe, are tentative over issuing their own CBDCs, the People’s Bank of China (PBoC) has gone all-in on the idea of a digital Yuan and not a crypto asset.
2019-9-12 13:00 | |
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China’s central bank is reportedly making strides towards launching a digital currency (not a cryptocurrency) tied to the yuan. Here are three things to know about the proposed central bank digital currency (CBDC).
2019-9-12 22:30 | |
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China's incipient digital currency will apparently "bear similarities" to Facebook's own proposed cryptocurrency and is intended to protect China's 'monetary sovereignty', according to a superior within China's central bank.
2019-9-6 13:40 | |
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China’s incipient digital currency will apparently “bear similarities” to Facebook’s own proposed cryptocurrency and is intended to protect China’s ‘monetary sovereignty’, according to a superior within China’s central bank.
2019-9-8 13:40 | |
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Two years ago, on September 4, 2017, the People’s Bank of China (PBOC) shut down local cryptocurrency exchanges over concerns that unregulated assets like bitcoin allow residents to bypass strict capital controls.
2019-9-5 22:19 | |
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Facebook’s proposed cryptocurrency called Libra — scheduled for release in the first half of 2020 — according to European Central Bank’s board member Yves Mersch undermines ECB’s ability to set monetary policy.
2019-9-3 01:10 | |
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A research report from crypto exchange Binance has claimed that the digital currency being developed by the People's Bank of China (PBoC) will be backed one-to-one by fiat, replace notes and coins in circulation, and operate on a two-tiered system.
2019-8-30 23:45 | |
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The People’s Bank of China, known as the Central Bank of the country, has recently affirmed that the rumors surrounding the launch of a state-backed cryptocurrency are not true. The report was made by The Global Times, the official newspaper of the Communist Party of China, so it is pretty much an official source. According […]
2019-8-29 20:55 | |
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Reports surfaced that People’s Bank of China was almost ready to take Alibaba and Tencent onboard its digital asset program, but state-backed media deny the news.
2019-8-29 15:48 | |
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The latest Binance Research, while showcasing China’s CBDC initiative, highlighted its possibility of being a renminbi (RMB) replacement. Creating a buzz in the context, the report read, “The People’s Bank of China plans to replace China’s M0 money supply with its CBDC.
2019-8-29 21:00 | |
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China’s aggressive push towards cryptocurrency has forced global economies to ensure a common-ground for crypto-innovations within their jurisdictions. Taking a closer into the Chinese government’s crypto initiative, Binance Research released a report that details on the People’s Bank of China’s (PBoC) proposed digital legal tender.
2019-8-29 20:30 | |
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China’s central bank has refuted media reports of it launching a state-backed cryptocurrency, according to Global Times, a government-affiliated news agency. Refuting media reports of launching a state-backed cryptocurrency in the coming months, #China's central bank termed them as "inaccurate speculation.
2019-8-28 18:00 | |
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The People’s Bank of China (PBOC) will roll out China’s sovereign digital currency, DC/EP, as early as November this year, distributing it to seven institutions including Alibaba, Tencent, and the four largest banks in the world, two separate sources told Forbes.
2019-8-28 13:10 | |
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The Chinese central bank is soon to launch its own crypto and allow seven local fintech giants to use it; Arthur Hayes says this will add more exposure to Bitcoin
2019-8-28 11:48 | |
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The Swiss National Bank, known the central bank of the country, has recently contacted the responsible people for Facebook’s Libra project in order to know more about the project. Fritz Zurbruegg, the vice-chairman of the bank, has talked about the contact so far and claimed that the documents that back the project are very vague. […]
2019-8-28 05:06 | |
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Bitcoin has been named as an accessory in a murder-for-hire scheme. The cryptocurrency, which allows people to exchange value over the internet without having to go through a bank or any other financial institution, facilitated an online transaction involving an assassination plot.
2019-8-27 17:00 | |
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Since 2014, more than 40 million people have been victimized by human trafficking. To understand how massive that number actually is, look at this map of Europe for a few seconds: The number of human trafficking victims globally is as many as the inhabitants of Denmark, Sweden, Norway, Finland, Croatia, and Hungary combined.
2019-8-26 16:29 | |
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The world is becoming more centered around financial technologies. And yet, there are millions of people who remain branded by the term “unbanked”. The World Bank Findex states that around 1. 7 billion adult people remain unbanked, meaning with no access to financial services.
2019-8-21 01:19 | |
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The central bank digital currency (CBDC) of China may come out sooner than expected as the “time is almost ripe,” reported China Daily on Tuesday. Last week, we reported Mu Changchun, deputy director of the People's Bank of China’s payments department saying that the government-backed digital currency is ready to be launched after five years […]
2019-8-20 19:12 | |
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Coinspeaker ‘New’ Satoshi Nakamoto Discloses Details about Himself and Bitcoin in First of 3 Days of RevelationShaikho, who is a new "real" Satoshi Nakamoto, says his idea was a "people’s bank with no boundaries, no nationalities, and no discrimination.
2019-8-19 11:38 | |
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Bitcoin is hoping to become a hot property in Hong Kong. The region’s political crisis has swept over its banking sector, which is now seeing protestors withdrawing large bundles of cash out of their banking institutions.
2019-8-19 04:36 | |
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By CCN Markets: There’s nothing like a bank run to bring out the bitcoin-fever dreamers. Hong Kong protesters reportedly tried the tactic in their latest effort to stop what they see as unfair practices of their government.
2019-8-18 15:30 | |
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Bitcoin is hoping to become a hot property in Hong Kong. The region’s political crisis has swept over its banking sector, which is now seeing protestors withdrawing large bundles of cash out of ATMs.
2019-8-16 16:00 | |
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A new online pool made by the ING Bank has recently revealed that Austrians are the people who are most skeptical about cryptos, including Bitcoin. According to the new poll, which interviewed people from 15 countries, BTC positivity is actually going down recently, despite the prices going up. According to the findings, only 13% of […]
2019-8-15 23:58 | |
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A weakening Chinese Yuan (Renminbi) is helping to fuel the bullish sentiment of bitcoin, according to Taimur Baig of DBS’ Singapore unit. The chief economist told Financial Times that the recent run-up in the bitcoin price took place after the People’s Bank of China (PBoC) forced the value of the renminbi below $0.
2019-8-14 17:00 | |
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Protests in Hong Kong and a trade dispute with the U.S. have put China in the eye of the economic storm. The People's Bank of China has been testing a digital currency, and this week it announced that it is ready.
2019-8-14 22:00 | |
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Mu Changchun, deputy director of the People's Bank of China (PBoC), has stated that the group is close to finishing up and issuing its own cryptocurrency. However, unlike most blockchain-based cryptocurrencies, the PBoC’s currency is intended to give Beijing more control over its financial system.
2019-8-13 00:45 | |
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China's long-fabled "cryptocurrency" launch is finally on the horizon. According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40 Forum that the country’s cryptocurrency is nearing its release following a year of research and development.
2019-8-13 20:03 | |
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For nearly five years, China has been working on its cryptocurrency. For much of the time, the People’s Bank of China has chosen to keep this fact a secret. However, last year reports emerged and the country could not hide it anymore.
2019-8-12 15:32 | |
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People’s Bank of China (PBoC) said its blockchain-based solution for a digital asset backed by the government is ready, after years of research.
2019-8-12 15:08 | |
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The People's Bank of China announced its readiness to launch its own digital currency based on the blockchain technology. But this will not lead to any changes in Beijing's monetary policy.
2019-8-12 13:20 | |
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At the third “China Financial Forty People Yichun Forum,” held on August 10, the deputy director of the Payment and Settlement Division of the People's Bank of China, Mu Changchun said the central bank’s digital currency DC/EP is now “ready” after five years of research.
2019-8-12 03:56 | |
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The People’s Bank of China says a prototype of its digital currency has been fully developed, and it is now ready to launch
2019-8-12 21:52 | |
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According to an announcement from an official for the People’s Bank of China (PBOC), the country is nearly ready to unveil its new central bank digital currency (CBDC). Centralized Crypto-Currencies There’s been much talk recently in the Bitcoin space about digital payment technology getting picked up by centralized powers.
2019-8-12 21:42 | |
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The People’s Bank of China (PBOC) digital currency cryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration is particularly noteworthy given the contrasting approach of crypto between mainland China and Hong Kong.
The People’s Bank of China highlights Hong Kong’s active crypto licensing, as well as the prominence of cryptocurrency as an emerging trend in several countries in its recent Financial Stability report.
According to BCA Research, generating large bullish "credit impulses" is now a tough task for China.
People’s Bank of China governor Pan Gongsheng announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since 2020.
The risk-off mood is probably the market's way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy.
Huang Yiping has expressed concerns about China missing out on financial development opportunities following the nation's ban on cryptocurrencies.
According Xie Ping, to a former official of the People's Bank of China (PBoC), the Digital Yuan is underused by the Chinese.