Coronavirus Stalls China’s Progress with Central Bank Digital Currency
The coronavirus outbreak is reportedly delaying progress on China’s central bank digital currency (CBDC) project. However, officials say Beijing is ...
Tag: PBOC
China Central Bank Injects Entire Bitcoin Market Cap Into its Economy
There is no denying that the economies of the world are slowing down. In order to prevent a complete collapse, ...
Doubts Surface Over China Central Bank Currency Plan
People’s Bank of China may be ready with the top-level rules for its hypothetical state-backed digital asset, but doubts are ...
How Bitcoin Solves Global Central Bank Monetary Madness
The pressure is mounting on the major economies of the world. This can be clearly evidenced by observing central bank ...
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 ...
Will China’s Crypto Yuan be Used for Retail Payments or Mass Surveillance?
China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic ...
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 ...
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 ...
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