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Tag Archives: PBOC

Cryptos ‘Next Natural Step’ for Global Economy – Study

Jul 10, 2018

Olusegun Ogundeji

The eighth top university in the world according to QS current rankings has submitted that cryptocurrencies have the potential to become a mainstream form of payment within the next decade. In a new research released on Monday, the authors from the Imperial College London argue that cryptocu...

PBoC Is Expected to Establish a Digital Currency Ecosystem

Nov 7, 2017

peterhon

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...

Game Over, Bitcoin Exchanges

Sep 9, 2017

Cindy23

Caixin reports today that domestic exchanges represented by OkCoin that provide trading services between cryptocurrencies and CNY will be banned for a certain period of time. Upcoming regulations are not imposed to hurt cryptocurrencies themselves and the OTC markets. Regulatory author...

Bitcoin Gains As North Korea Fires Missile, NEO Drops

Sep 1, 2017

Olusegun Ogundeji

While the Tuesday missile launch by the North Korean government has been cited as a threat to regional stability, which could be a major factor that has drawn many to find succour in Bitcoin, the news that the Chinese government is considering - for a second time - the suspension of all initia...

PBOC Moving Closer to Go Digital in 2017

Mar 31, 2017

Cindy23

The People’s Bank of China (PBOC) held a conference in Yangzhou city Thursday discussing fintech and market regulations. “Going forward, we will give our priority to go digital by build a talent pool on digital currency-related technologies. We will work to improve our work conc...

Why PBOC leads in digital currency R&D?

Mar 31, 2017

Jay

Zhou Xiaochuan, the governor of PBoC was cited at the Boao Forum, an important annual conference held in Hainan province. “If everyone is holding cash, even negative interest rates policy is not able to stimulate the economy. With the popularity of digital currency, cash usage will...