China’s Official People’s Daily Claims It’s Difficult To Impose A Complete Ban On Cryptocurrencies

Apr 16, 2018

Note: China's official People's Daily newspaper released an article today titled Digital Currency’s Ideal and Reality , highlighting that it is difficult to impose a complete ban on cryptocurrencies and the digital currency is a valuable experiment.The article’ s author, Yang Tao, is ...

China’s Financial Watchdog Continues To Escalate Crackdown On Crypto Exchanges

Mar 9, 2018

Chinese financial watchdog has not changed its tone in regulations for cryptocurrency tradings and ICO activities, and will continue to crack down on speculative products. Unconfirmed reports that China’s central bank officials from Beijing and Shanghai have started investigating digital...

Director of Institute of Digital Currency of PBC Dialogue with Industry Experts: Digital Currency of Future Is a Programmable Smart Currency

Dec 20, 2017

On December 19, 2017, China (Shenzhen) FinTech Global Summit was held in Shenzhen, focusing on cutting-edge issues in FinTech Innovation and Regulatory (Regtech). In the morning discussion session, Yao Qian, director of Institute of Digital Currency of the People's Bank ...

PBoC Is Expected to Establish a Digital Currency Ecosystem

Nov 7, 2017

On November 4, the Digital Finance Research Center of Peking University hosted the second annual "Age for China in Digital Finance" conference. Yao Qian, director of the Digital Currency Research Institute of the People's Bank of China (PBoC), attended the meeting and sai...

China central bank to release digital currency prototype in 2017

Jan 6, 2017

Back in August 2016, Fan Yifei, Vice President fo People’s Bank of China, has written an article elaborating the theoretical basis and framework selection of China’s fiat digital currency. He says that the legal framework of China's legal digital currency tends to follow "central bank ...