PBoC

Former PBoC Governor: Digital Currency to Be Used for Retail and Remittance

Zhou Xiaochuan, former governor of the People’s Bank of China (PBoC), believes that digital currency and blockchain should continue to…

Former PBoC Head: China’s Digital Yuan Will Favor Payments and Retail

China’s digital currency approach will be favoring international payments and domestic retail system, a former senior official said. Zhou Xiaochuan,…

China’s Digital Yuan Will Target Retail Payments First, Ex-Central Banker Says

“There are two goals for international digital currencies,” Zhou said. “The first one, which is also what China envisions is…

89% of Chinese Blockchain Firms Have Tried to Issue Crypto: Report

89% of China’s blockchain firms have allegedly tried to create their own cryptocurrency, according to a senior exec at a…

China Digital Currency ‘Not Seeking Full Data Control’ — Central Bank

China is not launching a war on cash by introducing its own digital currency, a senior official from the central…

Former PBoC Governor: Libra Would Be Trusted If Run by IMF

The former head of People’s Bank of China (PBoC), Zhou Xiaochuan has argued that the Libra stablecoin would be more…

After Xi, China’s Central Bank Gives Blockchain Tech a Pump

The Chinese central bank is promoting the use of blockchain in trade finance, soon after the nation’s president made a…

Joe Lubin: China Will Avoid Blockchain’s ‘Decentralizing Aspects’

China’s forthcoming digital renminbi is unlikely to use blockchain, considers Ethereum (ETH) co-founder and ConsenSys CEO Joe Lubin. In an…

China Ranks 35 Crypto Projects as President Xi Pushes Blockchain

China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development…

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