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Markets

China's Central Bank 'Close' to Launching Official Digital Currency

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

Credit: Shutterstock

Markets

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

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.

Zhou Xiaochuan

Markets

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

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

Credit: Shutterstock

Markets

PBoC’s Fintech Research Institute Is Hiring Blockchain Experts

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

People's Bank of China, Beijing

Markets

Security Token Offerings ‘Illegal,’ Says Beijing Financial Watchdog

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

Chaoyang Beijing

Markets

China's Central Bank Moves to Restrict Free Crypto Giveaways

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

pboc

Markets

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

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

Yao Qian, director of the Science and Technology Supervision Bureau of the China Securities Regulatory Commission

Markets

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

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

People's Bank of China

Markets

PBoC Op-Ed Pushes Use Case for Yuan-Pegged Crypto Stablecoins

A researcher from the People's Bank of China voiced support for yuan-pegged stablecoins in an op-ed published Tuesday.

The yuan, China's national currency.

Markets

PBoC's Digital Currency Lab Launches New Research Center

The Digital Currency Research Lab within China's central bank is expanding to Nanjing to enable wider deployment of blockchain and other fintech. 

People's Bank of China, Beijing

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