Tuesday, May 18, 2021
Tags Chinese cryptocurrencies

Tag: Chinese cryptocurrencies

Chinese Central Bank Will Continue to “Firmly Strike” Against Initial Coin Offerings, Cryptocurrency Platforms

The People's Bank of China (PBOC) has signalled that it will maintain its crackdown on initial coin offerings (ICO's) and the use of cryptocurrencies...

Chinese State TV Warns of Burgeoning Cryptocurrency Bubble

China Central TV has run an investigatory news story on the perils of cryptocurrency speculation, warning that a bubble continues to brew on the...

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...

“Blockchains Have No Future as Money”: China’s Central Bank

People's Bank of China counsellor Sheng Songcheng (盛松成) has put a dampener on any hopes that cryptocurrencies will enter widespread use in China as...

Central Bank Head Says China Will Keep Cryptocurrencies Under Tight Control

The head of the Chinese central bank says that it hopes to foster the usage of cryptocurrencies while also keeping the instruments under tight...

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China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...