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 ...
Tag: PBOC
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 ...
People’s Bank of China Deputy Governor: ‘Bitcoin is Dying’
Once upon a time, China was the leader in bitcoin mining, accounting for an estimated 71% of the bitcoin mining ...
Bitpocalypse? Bitcoin Price Plunges as Chinese Exchanges Close
Major Chinese exchanges BTCChina and ViaBTC have announced they will shut down operations causing Bitcoin price to plunge as OKCoin and ...
China’s Central Bank Will Soon Regulate ICO’s
The People’s Bank of China is turning its attention Initial Coin Offerings (ICO), seeking to regulate the new form of crowdfunding. ...
The China Syndrome: Are California’s Bitcoin Exchanges Doomed?
Increasing regulatory pressures have eviscerated trading volumes across Bitcoin exchanges in China. Bitcoin's shifting volumes and price are signaling that further disintermediation ...
Chinese Bitcoin Exchanges Expected to Resume Withdrawals Soon
Withdrawals are expected to resume soon in China as Bitcoin exchanges are finalizing regulatory guidelines with the country's central bank. ...
