Category: PBoC

China: Shenzhen Special Economic Zone to Use Blockchain for Electronic Tax Invoices

Shenzhen, a major city in the Guangdong Province and the first economic special zone in  China, will use blockchain technology…

China Targets ‘Disguised’ ICOs in Crypto Crackdown Update

The People’s Bank of China (PBOC) has discussed the regulation of cryptocurrencies and initial coin offerings (ICOs) in a recently…

PBoC Looks to Tackle Airdrop Tokens Market in New Clampdown

The People's Bank of China (PBoC), the country's central bank, is looking to clamp down on airdrops – free distributions…

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…

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