Category Archive For "People’s Bank Of China"
Digital yuan will combat US ‘dollarization’ says former PBoC governor
“We need to prevent dollarization — this is one of the major designing points of the Chinese DCEP,” said Zhou Xiaochuan.
China plans to use its digital yuan at the 2022 Winter Olympic Games
Details about the official launch date still remain murky.
China’s Blockchain Service Network to launch stablecoin support in 2021
China’s national blockchain project BSN could be the best fit for the digital yuan.
China’s State-Run Banks Reportedly Testing Wallet for Digital Yuan
State-owned commercial banks in China are reportedly testing a wallet for the country’s forthcoming digital yuan.
China’s Digital Yuan to Reportedly Target Dominance of Alibaba and Tencent
China’s central bank may be planning to use its digital currency to curb the dominance of Alibaba and Tencent in the digital payments sector.
CBDCs With a Twist: The Public-Private Solutions Needed for Adoption
Crypto pundits believe that central bank digital currencies based on public-private partnerships could see the light of day much sooner, as many solutions under development use the approach.
China’s Central Bank Proposes a Blockchain-Based Trade-Finance Platform

China’s central bank, along with other government bodies, proposed a blockchain trade financing information platform
Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan

Alibaba-backed AI startup SenseTime partners with China’s central bank to collaborate on the digital yuan amid reported trials
Bank Of China Expands Tests of New Fintech Regulation to Six More Cities

Bank of China has a plan for fintech development and it’s now expanding pilot projects in six more cities to strengthen fintech regulation
Chinese Regulator Accuses Crypto Exchanges of Fraudulent Volumes

The National Internet Finance Association of China accused foreign exchanges of wash trading, tampering with volume data, and staging outages to liquidate leverage traders
Bank of China Continues Anti-Crypto Narrative on WeChat

Bank of China continues to voice its distaste for crypto and urges the public to pay attention to scams
China’s Central Bank to Inject $4.7M into Blockchain Trade Platform

China’s blockchain trade platform has facilitated $12.4 billion in transactions between 38 banks and 1,900 firms since 2018
China’s Digital Yuan Research Delayed Amid Coronavirus Epidemic

The coronavirus outbreak has led to postponed work at various Chinese government institutions, including the organs responsible for researching and developing the digital yuan
Digital Currency Manual for Chinese Officials in High Demand, Enters Second Printing
Chinese party officials show interest in a manual on digital currencies as the government opens to blockchain technology
China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division
China’s securities regulator reportedly plans to set up a tech division that will be headed by the former chief of the central bank’s digital currency initiative
China’s Central Bank Uses Blockchain to Issue $2.8B Worth of Financial Bonds
China issued $2.8 billion in blockchain-based special financial bonds for small and micro enterprises
Bitcoin Drops to $7,000 as China Vows to ‘Dispose of’ Local Exchanges

China seeks to reinforce the crypto trading ban
Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank

Huawei has signed a strategic cooperation agreement with the People’s Bank of China’s Digital Currency Research Institute
China’s Central Bank Introduces Certification System for Fintech Products

The People’s Bank of China, the country’s central bank, has introduced a new system for certifying 11 types of fintech hardware and software
What Role Should Central Banks Have Launching Stablecoins Like Libra?

Facebook wasn’t prepared for the backlash associated with Libra. But should central banks have a role in helping the stablecoin launch — and if so, what? #Sponsored