Ex-PBoC Boss: Facebook’s Libra Will Work Better if it’s in IMF Custody
A former head of China’s central bank has come out to say that Facebook's Libra would be better served under ...
Tag: PBOC
Three Things To Know About China’s Digital Yuan (Not a Cryptocurrency)
China’s central bank is reportedly making strides towards launching a digital currency (not a cryptocurrency) tied to the yuan. Here ...
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. ...
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 ...
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 ...
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