People's Bank of China

(qimono/Pixabay)
Crypto Traders Need to Pay Attention to Chinese Yuan
The PBOC's potential intervention to stem yuan volatility could accelerate gains in the dollar index and add to crypto market's woes, one observer said.
(qimono/Pixabay)

The Hong Kong skyline (Ruslan Bardash/Unsplash)
Hang Seng, China Stocks Soar as Beijing Pledges Support Amid Equity Rout
Crypto remains stable, though liquidity thin, as markets in Hong Kong climb out from the worst slump since the 2008 recession.
The Hong Kong skyline (Ruslan Bardash/Unsplash)

The Hong Kong skyline. (Ruslan Bardash/Unsplash)
China, Hong Kong Enter Second Phase of Cross-Border Digital Yuan Trials: Report
Hong Kong banks and merchants have been testing the use of China’s CBDC.
The Hong Kong skyline. (Ruslan Bardash/Unsplash)

GettyImages-1232866297
What If Somebody Hacks the Money Pipeline Next?
The Colonial Pipeline saga illustrates what may be a vulnerability with digital currency issued by central banks.
GettyImages-1232866297

Ant Group Confirms It Is Helping China With the Digital Yuan
Ant Group Confirms It Is Helping China With the Digital Yuan
Jack Ma’s Ant Group confirmed that it has been working on the digital yuan project with China’s central bank since at least last year, providing the People’s Bank of China acc...
Ant Group Confirms It Is Helping China With the Digital Yuan

People's Bank of China's headquarters in Beijing
China’s Digital Yuan Will Be ‘Backup’ to Alipay, WeChat, Says PBOC
In order to support the retail payment system, the central bank has to step up its own digital yuan.
People's Bank of China's headquarters in Beijing

People's Bank of China's headquarters in Beijing
People's Bank of China Official Says Fully Anonymous Digital Yuan ‘Not Feasible’
The central bank needs to balance privacy for users with "international consensus" on risk control, the director of the PBoC's Digital Currency Research Institute said
People's Bank of China's headquarters in Beijing

WEF
China, Singapore Look Ahead to CBDC Future at World Economic Forum
A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore.
WEF

Chinese red envelopes
China's Central Bank, Major City to Hand Out $1.5M in Digital Yuan
A local report suggests the pilot is an indication the digital yuan is close to being launched.
Chinese red envelopes