Category: PBoC

PBoC’s Digital Currency Chief Departs to Lead Securities Clearing House

The former architect of China's central bank digital currency (CBDC) initiative has left the position to head the country's central…

PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto

The People's Bank of China (PBoC) is looking to recruit blockchain tech and legal experts as it continues development of…

China Should Consider Launching its Own Stablecoin, Central Bank Expert Says in Op-Ed

The Chinese government should consider launching its own yuan-backed stablecoin despite the current ban on cryptocurrencies, an op-ed in Chinese…

PBoC Mouthpiece Voices Support for Yuan-Pegged Crypto Stablecoins

China should increase its research efforts on the topic of stablecoins and consider backing domestic institutions to issue a yuan-pegged…

China’s Central Bank-Backed Blockchain Trade Finance Platform Pilot Kicks Off in Shenzhen

A new trade and finance blockchain platform, backed by the People's Bank of China (PBoC), has started official pilot operations…

Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet

Thursday, September 6: crypto markets are blisteringly red, with virtually all of the top 100 coins posting hefty losses on…

PBoC’s Digital Currency Lab Launches New Research Center Outside of Beijing

The Digital Currency Research Lab of the People's Bank of China (PBoC) is further expanding its ongoing research efforts to…

Bitcoin Seals Further Gains in a Mostly Green Market as Ethereum Fails to Break $300

Tuesday, September 4: crypto markets are largely green today, with Bitcoin (BTC) inching upwards yet further, and several large-market-cap alts…

Chinese Central Bank Launches Testing Phase of Trade Finance Blockchain Platform

The People's Bank of China (PBoC) has officially launched the testing phase of a blockchain trade finance platform, local news…

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