Yuan-Pegged Stablecoins On The Horizon As Beijing Rethinks Policy
Beijing is weighing a plan that could let yuan-backed stablecoins be used more widely outside China. The move would be ...
Tag: PBOC
China’s PBOC Injects $22 Billion As M2 Surges — A Tailwind For Crypto Markets?
In an interesting development, China has now injected RMB 161.2 billion ($22.4 billion) into its economy in a move that ...
PBOC Report Highlights Crypto Oversight, Hong Kong Takes the Lead with Licensing Initiatives
The People’s Bank of China (PBOC) digital currency cryptocurrency regulation's importance in its recently published 2024 Financial Stability Report. This reiteration ...
Bitcoin To $90,000 In 2 Months If It Mirrors This Trend?
Bitcoin is back to red at press time, looking at the performance in the daily chart. After the close of ...
Bitcoin Price Could Surge Following Chinese Economic Stimulus: Here’s Why
Bitcoin (BTC) could benefit from the People’s Bank of China’s (PBOC) decision to cut the reserve requirement ratio (RRR) by ...
Hong Kong Shakes Up Its Financial Skyline with CBDC Pilot Launch
The Hong Kong Monetary Authority (HKMA) has begun tests of its central bank digital currency (CBDC), called e-HKD, five months ...
Hong Kong Could Spark Bitcoin And Crypto Bull Market, Here’s Why
The establishment of Hong Kong as a crypto hub is a development that could have the potential to trigger a ...
China Crypto Insider Releases More Details About PBOC’s Digital Yuan Project
Yesterday, the crypto community was shocked when local reports suggested that the Agricultural Bank of China — one of the ...
