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 ...
Tag: PBOC
How Bitcoin Demand is Driven by Central Banks Devaluing Their Currencies
The demand for bitcoin has certainly been tangible over the past few months. Even with a correction of around 30% ...
China Issuing Digital Currency ‘Will Drive Bitcoin Adoption’
Bitcoin proponents predict that China’s decision to create its own digital currency will ironically drive massive BTC adoption. China: Libra ...
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 ...
China’s Central Bank Issues Red Alert On Illegal Crypto Fundraising
China's central bank has provided insight into fraudulent blockchain schemes and how to avoid falling prey to them. It also ...
China Celebrates Killing Its Bitcoin Exchanges as CNY Volume Falls Under 1%
The People's Bank of China (PBOC) has declared victory over Bitcoin, stating that the market leader's trading in its national ...
People’s Bank of China: ‘Government Must Have Monopoly on Currency Issuance’
A seasoned counselor at the People’s Bank of China (PBoC) maintains that the control for currency issuance should remain within ...
China’s State ‘Cryptocurrency’ to Feature Negative Interest Rates
Over the weekend, signs of positive sentiment have entered the cryptocurrency market, with Bitcoin potentially having found its footing and ...
