11-14-2024 
People’s Bank of China
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11 July, 2021
People’s Bank of China ramps up digital currency crackdown
Authorities from the People's Bank of China recently issued a notice warning local institutions not to provide digital currency-related companies'...
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22 June, 2021
BTC hashrate and price drop as Chinese mining operations shut down
The BTC token price—and more importantly, the network's hash rate—has continued to plummet following a series of Chinese government actions.
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22 June, 2021
China central bank orders banks to cut off all digital currency OTC merchants
China’s central bank has issued a statement ordering commercial banks to cut off all digital currency-related activities, including over-the-counter digital...
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20 May, 2021
China self-regulatory associations ban banks from digital currency transactions
The three groups believe that digital currencies are disrupting China’s economic order and urged traders to be cautious when investing...
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30 April, 2021
China’s retail giant JD.com pays employees with digital yuan
JD.com confirmed recently that aside from the employees, it has also been paying off some of its business partners with...
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21 April, 2021
People’s Bank of China: Bitcoin is an investment option, not a currency
Li Bo, the deputy PBoC governor, said the apex bank is satisfied with the current digital currency regulations in China,...
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12 April, 2021
Digital yuan pilot moves to southern Hainan province
In its latest test, the PBoC has partnered with the Industrial and Commercial Bank of China’s Haikou branch and the...
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24 March, 2021
China’s digital yuan will be private but not anonymous: CBDC lead
The controllable anonymity will protect the central bank digital currency against criminal use and ensure the bank can track all...
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27 February, 2021
China joins Hong Kong and Thailand in CBDC research project
China and the United Arab Emirates have joined a research initiative that studies the feasibility of a central bank digital...
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12 January, 2021
China unveils first digital yuan physical card in Shanghai
Unlike in Shenzhen, Beijing and Suzhou, the People’s Bank of China is expanding beyond the use of smartphones to make...
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17 December, 2020
Digital yuan not a replacement for the US dollar: ex-PBoC governor
China had learned a lesson from the hostile reception Libra, now Diem, has received globally, according to the former governor...
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16 December, 2020
Suzhou residents make 20,000 digital yuan transactions on Double 12
Chinese residents in the city of Suzhou made close to 20,000 transactions in a digital yuan trial on e-commerce giant...
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