china central bank bitcoin

China’s central bank unveiled plans to more closely inspect operations of digital currency exchanges in an effort to curb the yuan’s outflow.

Bitcoin Price Falls 10% as China’s Central Bank Starts Investigation of Exchanges
January 11th, 2017

China’s central bank unveiled plans to more closely inspect operations of digital currency exchanges in an effort to curb the yuan’s outflow.

China Central Bank Pushes For Rational Investment in Bitcoin
January 6th, 2017

The People’s Bank of China emphasized that bitcoin is not a currency and can’t circulate in the market as a real currency.