Browsing the "PBOC" Tag

yuan, china

New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features

| Daniel Palmer

The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra.

yuan

China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto

| Wolfie Zhao

China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface.

China’s Central Bank ‘Close’ to Launching Official Digital Currency

| Daniel Palmer

An official at China's central bank has said the institution is nearing the launch of its national digital currency.

China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief

| Daniel Palmer

China should revamp its plan for a national digital currency in the face of Facebook's Libra cryptocurrency, says the central bank's former head.

Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official

| Daniel Palmer

China's central bank could hasten development of its digital yuan to counter the threat posed by Facebook's Libra cryptocurrency, an official says.

PBoC’s Fintech Research Institute Is Hiring Blockchain Experts

| Wolfie Zhao

A research institute under the Chinese central bank has just announced 29 job openings – three of which focus on blockchain-related expertise. 

Security Token Offerings ‘Illegal,’ Says Beijing Financial Watchdog

| Yogita Khatri

The head of Beijing’s Municipal Bureau of Finance has warned that security token offerings (STOs) are "illegal" in the city.

China’s Central Bank Moves to Restrict Free Crypto Giveaways

| Yogita Khatri

The People's Bank of China, the country's central bank, is looking to clamp down on airdrops – free distributions of crypto tokens.

PBoC’s Digital Currency Chief Departs to Lead Securities Clearing House

| Wolfie Zhao

The former chief of China's central bank digital currency initiative has left the role to lead the country's central securities clearing house.

PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto

| Wolfie Zhao

China's central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency.