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 ...
Tag: People’s Bank of China
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’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 ...
Scammers Sending Fake Emails to Spread Cryptocurrency FUD
The crypto sphere is certainly no stranger to cryptocurrency FUD. Social media platforms and groups are awash with the stuff, ...
PBoC Counselor: Countries Solely Using Crypto Would ‘Collapse’
A People’s Bank of China (PBoC) counselor has said economies adopting cryptocurrency “could collapse” from volatility. Sheng: Crypto Volatility Would ...
People’s Bank of China Establishes New FinTech Committee
China's central bank announced the assembly of a Financial Technology (FinTech) Committee aimed at studying the impact of financial technology ...
LocalBitcoins Trading Up 1,200% in China Since PBoC Clampdown
LocalBitcoins has recorded an exponential 1,200% surge in China trading since the country’s exchanges started reacting to pressure from the ...
PBOC to ‘Continue Focus’ on Exchanges as Volumes Plummet
Bitcoin’s price dropped slightly after the People’s Bank of China (PBOC) published a summary of its findings after inspecting major Chinese ...
