Kategooria: PBOC

China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level

Hiina’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of the country. A top representative of the monetary authority announced the move while highlighting that the Peoples Bank has been stepping......

China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made

Hiina’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the Peoples Bank of China (PBOC). Lisaks, transactions worth 87.5 billion yuan ($13.78 miljardit) have been made using the digital yuan and......

China’s Digital Yuan Wallet App Now in iOS and Android App Stores

Hiina’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as e-CNY, can now be downloaded from the iOS and Android app stores in the country. Digital......

China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’

The Peoples Bank of China (PBOC), riik’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore isconsidered illegal financial activity.The PBOC also reiterated comments it had made in......