people bank of china

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.

BTC China Suspended Yuan Deposits from Bank of China
May 7th, 2014

China’s major virtual-currency exchange BTC China has suspended yuan deposits from the Bank of China, according to a tweet sent from its account.

Beijing-based Exchange Huobi Looks for Reposition as Bitcoin Marketplace
May 7th, 2014

Bitcoin has been hit once again by the Chinese regulatory hammer as the crackdown gets stronger, due to the warnings issued by People’s Bank of China.

Bitcoin Slightly Down as BTC China Halts RMB Withdrawals
April 27th, 2014

Bitcoin prices decreased as BTC China, a China’s largest bitcoin trading platform, stopped Yuan deposits.

Bitcoin Price Drops $40 Following Reports of New PBOC Warnings
April 25th, 2014

Bitcoin prices fell after PBOC issued warnings to banks and other payment institutions to restrict interactions with bitcoin exchanges.

Shanghai Gets China’s First Bitcoin ATM Amid Bank Crackdown
April 16th, 2014

Anyone in China with a smartphone can now act as a bitcoin ATM with BTC China’s new mobile app that lets users buy and sell bitcoins in different major world currencies.