Beijing Company Suspected of Crypto Trading Shut Down by China's Central Bank

2021-7-6 13:19

Chinese Central Bank has blocked the website of the Beijing company that was suspected of providing software services for cryptocurrency trading

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China’s CBDC Could Be the Death Knell for Macau’s High Stakes Gambling Scene

Macau’s gambling industry already affected by the coronavirus could be in for another significant external stress in the form of China’s central bank digital currency (CBDC). The emergence of traceable digital yuan enforced by Beijing on the enclave may likely send shockwaves through the sector, forcing several high-rollers to take their money elsewhere.

2020-12-3 00:00


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China to Start Testing its Digital Yuan in Beijing and Other Major Cities

China’s digital currency program is set to expand to its capital Beijing and other major cities including Tianjin, Hebei, Guangdong, Yangtze River Delta as well as Hong Kong- Macau Greater Bay Area. According to an official announcement made by China’s commerce ministry, the digital RMB pilot programs will be led by the Chinese Central Bank, […]

2020-8-15 01:23


Ex-ECB Chief is “Strongly Against Bitcoin,” Says Cryptocurrencies are “Not Real”

Jean-Claude Trichet, the former president of the European Central Bank is not a fan of cryptocurrencies and is doubtful that they could ever become the future of money. “I am strongly against bitcoin, and I think we are a little complacent,” said Trichet during a panel discussion at Caixin’s 10th annual conference in Beijing on […]

2019-11-11 04:58


Governor of China’s central bank defines STOs as illegal financial activity in the country

The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, South China Morning Post reported on December 9. Pan Gongsheng, a deputy governor of China’s central bank, told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs (Initial Coin Offerings)  were […]

2018-12-10 09:29


Deputy governor of China’s central bank defines STOs as illegal financial activity in the country

The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, South China Morning Post reported on December 9. Pan Gongsheng, a deputy governor of China’s central bank, told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs (Initial Coin Offerings)  were […]

2018-12-10 09:29


People’s Bank Of China (PBoC) Says Security Tokens (STO) Are An “Illegal Financial Activity In China”

China’s Central Bank, the People’s Bank of China, reported to the South China Morning Post its decision concerning security token offerings, noting that they are illegal in the country. The bank’s deputy governor Pan Gongsheng appeared at a summit in Beijing and there, he discussed the “illegal” financing activities that have been effectuate with STOs […]

2018-12-10 06:11


Ôîòî:

PBoC: Bitcoin Trading in Renminbi Drops Below 1% Global Total

Economy & Regulation Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. In September, 2017, Beijing authorities

2018-7-9 00:05