china central bank crypto
News

PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks

People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create...

Christine Vasileva | 7 days ago
crypto yuan china
News

Will China’s Crypto Yuan be Used for Retail Payments or Mass...

China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic is determined to get its crypto yuan out as soon as...

Martin Young | 3 weeks ago
crypto china cashless
Op-Ed

Could China’s War on Cash Herald a New Global Crypto Revolution?

There are no mixed signals with regards to blockchain and crypto coming from China at the moment. The People’s Republic is full steam ahead on distributed ledger technology as it...

Martin Young | 4 weeks ago
china crypto anonymity
News

Anonymity in China’s Crypto Yuan is Bad News for US Lawmakers

While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing...

Martin Young | 1 month ago
libra better in IMF custody
News

Ex-PBoC Boss: Facebook’s Libra Will Work Better if it’s...

A former head of China’s central bank has come out to say that Facebook’s Libra would be better served under the control of the International Monetary Fund (IMF). Facebook’s...

Osato Avan-Nomayo | 1 month ago
china yuan cryptocurrency
News

Three Things To Know About China’s Digital Yuan (Not a...

China’s central bank is reportedly making strides towards launching a digital currency (not a cryptocurrency) tied to the yuan. Here are three things to know about the proposed...

Osato Avan-Nomayo | 3 months ago
bitcoin boom us china trade war
Bitcoin News

China Buying More Gold, Bitcoin Accumulation Inevitable?

As economic tensions escalate and the Trump administration continues with its war on trade, China has started stockpiling safe-haven assets. Gold appears to be the asset of choice for...

Martin Young | 3 months ago
binance explains china digital currency
Altcoin News

Binance: China’s Digital RMB To Operate As ‘Two-Tier System’

A recent report from Binance Research has looked into the potential characteristics that can be expected for the proposed digital currency of China.  As members of China’s...

Richard Cox | 4 months ago
currency bitcoin yuan
Bitcoin

How Bitcoin Demand is Driven by Central Banks Devaluing Their...

The demand for bitcoin has certainly been tangible over the past few months. Even with a correction of around 30% the digital asset is still up over 160% this year. That growth could...

Martin Young | 4 months ago
china buying bitcoin as yuan weakens
News

China Issuing Digital Currency ‘Will Drive Bitcoin...

Bitcoin proponents predict that China’s decision to create its own digital currency will ironically drive massive BTC adoption. China: Libra Dollar Peg Would Harm Sovereignty As...

Anja van Oosterhout | 5 months ago
In China, the Mantra Remains ‘Blockchain Not Bitcoin’
Blockchain

In China the Mantra Remains ‘Blockchain Not Bitcoin’

China maintains a hostile stance on activities related to crypto assets while expressing a more open mind when it comes to blockchain. Their decision-making process could have immense...

Kevin O’Brien | 1 year ago
News

China’s Central Bank Issues Red Alert On Illegal Crypto...

China’s central bank has provided insight into fraudulent blockchain schemes and how to avoid falling prey to them. It also asked retail investors to report criminal clues to...

Bhushan Akolkar | 1 year ago

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