people bank of china bitcoin

‘Bitcoin Can Be an Asset But Not a Currency,’ Says People’s Bank of China Adviser
July 7th, 2017

Sheng Songcheng doubts if bitcoin can become a means of exchange that could meet modern economic development needs.

Bitcoin is Declining as Chinese Government Decides to Crack Down on Bitcoin Exchanges
January 10th, 2017

Bitcoin price demonstrated a sharp drop on Friday after the central bank of China warned users of the threats associated with the investment in digital currency.

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.

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.