China Set To Begin Pilot Test Of CBDC With Major Banks And Telecom Firms
Months ago, China announced that its central bank digital currency (CBDC) was ready even though it didn’t specify a release ...
Tag: PBOC
25,000 Chinese Blockchain Companies Have Tried To Issue Tokens
According to Beijing Blockchain Application Association President Yedong Zhu, 89% of all blockchain firms in China have tried at some ...
U.S Federal Reserve Is Considering Floating Its Own CBDC
As the drive for cryptocurrency adoption presses on, many countries are looking to join the wave, by floating their own ...
China and Hong Kong Sign MoU To Create Joint Blockchain Trade Finance Platform
The Chinese government isn’t simply making pro-blockchain statements but is also backing them up with required action where necessary. According ...
China’s Cryptocurrency Will Be Released In Two Layers And Will Not Use Blockchain
According to a report published by Binance, the launch and distribution of the PBoC’s CBDC will be a two-tier system ...
Rumour of November Launch for Chinese Digital Currency is “Inaccurate Speculation”
Contrary to several reports in the media recently, China will not be launching its digital currency this November. This has ...
Chinese Central Bank Says Digital Currency is Ready
China’s apex bank, the People’s Bank of China, has said that its new digital currency is now ready. No launch ...
Central Bank of China to Accelerate Development of Virtual Currency
The People’s Bank of China has announced among other things, that it would be speeding up the process of research ...
Electricity May Be Regulated For Bitcoin Mining in China
After Crypto Ban, The Chinese Central Bank Is Targeting Bitcoin Miners The Central Bank of China recently revealed to a ...
China Looks Forward To Its Own State-Backed Cryptocurrency
Back in September, the financial regulatory bodies in China had a major crackdown on ICOs and cryptocurrency trading by asking ...
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