Thursday, January 28, 2021
Tags Bitcoin

Tag: Bitcoin

PBOC Touts Risk Free Removal of ICO and Cryptocurrency Platforms

China's central bank says it has successfully eradicated bitcoin trading platforms from the country. Gong Yan (龚雁), the vice-head of the People's Bank of China...

Central Bank Chief Warns Cryptocurrencies Could Impact Financial Stability

The head of the People's Bank of China has expressed concern about the potential impacts of the "excessively rapid and insufficiently cautious" emergence of...

Chinese Communist Party Flags Crackdown on Cryptocurrency Speculation

The flagship newspaper of the Chinese Communist Party has published an editorial warning against the perils of speculation in bitcoin and other cryptocurrencies, as...

Hacker Infiltrates PBOC’s Email System to Spread Fake Bitcoin Rumours

A hacker has accessed the email system of the Hefei branch of the Chinese central bank and used it to spread fake reports of...

Central Bank Official Calls for China to Scrap Centralised Crypto-currency Trades

A senior official from the People's Bank of China has called for the centralised trading of crypto-currencies to be banned outright in the country,...

China’s Bitcoin Miners Would Still Be Profitable Following 50% Price Drop

Bitcoin mining in China is so lucrative that business would still be profitable following a 50% plunge in the crypto-curency's prices, according to the...

Shenzhen Tech Companies Make Mass Public Disclosures About Blockchain

A slew of Shenzhen-listed tech companies have made public disclosures on their level of involvement with blockchain technology, as regulators step their scrutiny of...

Can China’s Central Bank Starve Bitcoin Miners of Power?

The People's Bank of China believes it can reduce the scale of domestic bitcoin production by ordering local governments to crack down on power...

Use of Bitcoin as Money “Disastrous”: PBOC Digital Currency Research Chief

The head of the People's Bank of China's digital currency research department has deplored the use of virtual currencies such as Bitcoin as a...

China’s Bitcoin Ban Won’t Affect Blockchains: Central Bank

China's central bank says that domestic research and development of blockchains will continue despite the recent crackdown on initial coin offerings and the shutdown...

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China Issued USD$8.87 Trillion in Bonds in 2020 for YoY rise of over 26%: PBOC

The latest data from the Chinese central bank points to a marked rise in bond issuance in 2020 amidst the peak of...

Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...

ByteDance’s Douyin to Serve as China Central Television’s Spring Festival Broadcast Partner for 2nd Year Running

TikTok's Chinese counterpart Douyin will be the official partner for the Spring Festival gala show that will be screened by China's state-owned...

China UnionPay Establishes Commanding Presence in South-east Asia’s Digital Payments Market

Payments giant China UnionPay is making bold forays into the digital payment sectors of multiple countries throughout South-east Asia.