PBOC

China Digital Currency ‘Not Seeking Full Data Control’ — Central Bank

China is not launching a war on cash by introducing its own digital currency, a senior official from the central…

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Libra Would Be Trusted If Run by IMF

The former head of People’s Bank of China (PBoC), Zhou Xiaochuan has argued that the Libra stablecoin would be more…

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After Xi, China’s Central Bank Gives Blockchain Tech a Pump

The Chinese central bank is promoting the use of blockchain in trade finance, soon after the nation’s president made a…

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China Will Avoid Blockchain’s ‘Decentralizing Aspects’

China’s forthcoming digital renminbi is unlikely to use blockchain, considers Ethereum (ETH) co-founder and ConsenSys CEO Joe Lubin. In an…

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Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers

Libra must abide by international foreign exchange regulations or “it should be banned,” a senior Chinese regulator said Monday. Sun…

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Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption

The head of the technology department at the People’s Bank of China (PBoC) has called for commercial banks to adopt blockchain…

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Facebook’s Marcus Says China Wins with Digital Renminbi if U.S. Nixes Libra

David Marcus, Facebook’s top executive on the Libra project, said China will create a digital currency system that could be…

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PBoC Denies Claims It Will Launch Digital Currency in November

China’s central bank has denied recent reports that it will launch its national digital currency in November. News sources including…

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

The Chinese central bank has a new digital currency chief who says its upcoming digital yuan has features not offered…

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

The Takeaway: A review of over 50 patent applications submitted by the People’s Bank of China shows the design of…

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