Tuesday, December 6, 2022

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People's Bank of China

Bitcoin Reaches 8% Down, Institutional Investors Rushes To Buy Dip

The latest blanket ban imposed by China on cryptocurrencies sparked FUD, several institutional investors rushed to buy the dip, last week, and the digital...

PBoC’s Shenzhen Province Shuts 11 Crypto Trading Companies

Shenzhen Center Branch of People’s Bank of China has shut 11 companies in speculation of being involved in crypto trading. A notification has been...

People’s Bank Of China Releases e-CNY Whitepaper

China took another step towards Digital Yuan’s official launch by releasing its whitepaper for the first time in the country, according to a report. The...

PBOC Summons Financial Institutions To Impose Tougher Crackdown On Crypto Trading

The People’s Bank of China has recently ordered a few banks and payment institutions in the country to stop offering a wide array of...

China Introduces Over 3000 Digital Yuan ATMs In Beijing

China’s central bank digital currency (CBDC) would now be available at more than 3000 ATMs in Beijing. A report by the Chinese news outlet, Xinhua,...

Chinese Crypto Investors Can Trade On Their Own Risk: Says Government Representatives

After a potential crackdown on crypto and activities related to it, a report was published by the representatives of the Chinese Government, in which...

China’s Southern Hainan Province Warns Investor Of Illegal Crypto Activities

As China boosts a crypto crackdown, the financial regulators in the southern Hainan province of the country issued a warning informing the investors about...

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