pboc bitcoin

People’s Bank of China Plans to Launch Its Own Digital Currencies
January 20th, 2016

China’s central bank on Wednesday announced that it will try to issue digital currencies ‘as soon as possible’ to cut the costs of circulating traditional paper money and boost policymakers’ control of money supply.

ICBC, the World’s Largest Bank, Blocked Bitcoin in China
May 9th, 2014

The Industrial and Commercial Bank of China (ICBC) joins a host of other Chinese banks that will prohibit bitcoin businesses.

Chinese Bitcoin Exchange FXBTC to Close Citing Central Bank Pressure
May 3rd, 2014

Chinese bitcoin exchange FXBTC is set to be closed on May 10th due to the growing restrictions from the People’s Bank of China.

Major Chinese Bitcoin Exchanges Prepare to Move Operations Overseas
April 11th, 2014

In case PBOC (People’s Bank of China) decides to tighten the restrictions of financial services that are operating with industry, major Chinese bitcoin exchanges will be ready to move their operations.