web analytics
Tuesday, November 24, 2020
Tags Virtual currencies

Tag: Virtual currencies

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...

Payments Companies Banned from Servicing Virtual Currency Transactions

Chinese financial regulators are ratcheting up their crackdown on virtual currencies with the launch of a strict prohibition on payments companies providing services for...

Chinese Central Bank Cracks Down on Cryptocurrency Transactions

The Chinese central bank has brought a halt to banking sector financial institutions providing services in relation to cryptocurrency transactions, according to a report...

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,...

Central Bank Places Accounts of ICO Platforms Under Strict Supervision

Following the launch of a ban on initial coin operations in China, the central bank has required that the accounts of certain ICO platforms...

Most Read

Digital Renminbi Will Break Big Data Monopolies, Replace All Forms of Traditional Money: Bank of China Senior Exec

A former senior executive with one of China's big six state-owned banks has highlighted the major impacts that the digital renminbi will...

China’s Per Capita Income to Leap 56 Places in Global Rankings by 2025, Exceed USD$25,000

China's global ranking in terms of per capita incomes is expected to surge over the next half-decade according to data from Bloomberg...

China’s Leading Economists Calls for Maintaining COVID-19 Stimulus Measures

Leading economics figures in China have signalled the maintenance of robust monetary and fiscal stimulus policies in the wake of the COVID-19...

Digital Yuan Will Account for 15% of All Consumer Payments within a Decade, Give Banks Fighting Chance against Fintech Rivals: Goldman Sachs

A report from Goldman Sachs says that increasing use of China's central bank digital currency (CBDC) could help banks to withstand the...