pboc

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.

Although China Snubs Cryptocurrency, It Still Spearheads Blockchain Innovation
September 5th, 2018

China is said to be developing most of the projects on private blockchain network with some centralized controlling authority.

Blockchain Trade Finance Platform Backed by China’s Central Bank Enters Testing Phase
September 5th, 2018

The testing phase of a new blockchain trade finance platform established by the People’s Bank of China has been officially launched.

China’s Control Over the Global Bitcoin Exchange Market has Fallen to 1 Percent
July 11th, 2018

China’s central bank is bragging about the fact that after its ban, it has successfully managed a zero-risk exit for all the previously operated ICO and crypto trading platforms.

People’s Bank of China (PBoC) Has Filed 41 Blockchain-Related Patents
June 27th, 2018

China is continuing its way of crypto development. A digital currency research lab set up by the People’s Bank of China has submitted 41 patent applications, which means the world’s second-largest economy is planning a more prominent role in the cryptocurrency ecosystem.

No Plans for Central Bank Digital Currency, Says Hong Kong Official
June 1st, 2018

The country’s central bank – The Hong Kong Monetary Authority (HKMA) – sees no sense in having its own digital currency given that already existing infrastructure is quite robust and efficient.

China Allows Foreigners to Enter Its $27 Trillion Payments Market after Yi Gang Named New Head of PBoC
March 23rd, 2018

The PBoC also said that it will allow for a level playing field for the foreign players to compete with the local players in the highly saturated payments market of China.

‘Black Monday’: The People’s Bank of China Declares ICOs Illegal
September 4th, 2017

The People’s Bank of China (PBoC) banned initial coin offerings (ICOs) declaring them illegal, and asked all related fundraising activity to be halted immediately.

Chinese Regulators May Ban All ICOs in the Country
August 29th, 2017

Following a crackdown on bitcoin exchanges earlier this year, Chinese lawmakers are now considering suspending all virtual currency offerings in the country.

Bitcoin Price Hits an All-Time High, Currently Trading at $1,200 Level
February 24th, 2017

Bitcoin continues its steady growth and moves from an alternative asset to a mainstream payment form for businesses.

Bitcoin Price is Closing in On Its All-Time High, Currently Trading at $1127 Level
February 23rd, 2017

Bitcoin price recovers as Chinese authorities and bitcoin industry push for regulatory alliance.