Monday, March 8, 2021
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...

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PBOC Calls for Stricter Regulation of China’s Wholesale Finance Markets

A senior official from the Chinese central bank has highlighted the need for greater regulation of wholesale transactions on China's financial markets....

Chinese Central Bank Calls for Exploring Digital Renminbi’s Cross-border Payments Potential in Greater Bay Area

A senior official from the People's Bank of China (PBOC) who is also a delegate to the National People's Congress (NPC) has...

Chinese Finance Will Focus on Tech Innovation, Green Development, Small Business in 2021: Li Keqiang

Chinese Premier Li Keqiang has highlighted key focal areas for finance policy during the 2021 Government Work report delivered at the opening...

Does China’s Digital Renminbi Pose “Biggest Risk” to Bitcoin Market?

Despite barring domestic Bitcoin trading over three years ago, analysts say China could still have an adverse effect on the global market...