Tag: PBOC
Altcoin News
WeChat-Inspired Asset Makes Its Way Towards China
Beijing, a city within a country that has long been hostile towards crypto, is now announcing plans to develop a WeChat-like digital asset that...
Blockchain Infrastructure
China’s Central Bank Warns of Blockchain Bubbles
China’s position on cryptocurrencies remains unfazed as the country’s central bank released a paper which warns of bubbles in the industry and calls for...
Altcoin News
PBoC is Seeking Cryptocurrency Recruits to Create Digital Coin
China's central bank is reportedly recruiting crypto experts to create its own cryptocurrency despite its less than favorable stance to the market.Exploring the Market
The...
Blockchain Technology
People’s Bank of China Backs New Blockchain-based Financial Platform
China continues its blockchain journey by creating a new finance and trading platform with the assistance of its central bank.While some countries may be...
Bitcoin Mining
Chinese Police Arrest Man for $15 Million Bitcoin Mining Machine Fraud
A man in China has been arrested for reportedly conning $15 million worth out of 50 investors after claiming he had a reliable supply...
Bitcoin Mining
Chinese Police Confiscate 600 Bitcoin Mining Machines
Chinese police have reportedly confiscated 600 bitcoin mining machines following reports of irregular electricity usage.In the China city of Tianjin officials are continuing their crackdown...
Bitcoin News
PBoC Chief Yi Gang Admits Bitcoin is Freedom
The opinions on cryptocurrency are always interesting to keep an eye on. In China, it seems there is a growing movement against Bitcoin and...
Bitcoin News
China Aims to Eradicate Cryptocurrency Trading with Ban on Foreign Platforms
China is to block all websites linked to cryptocurrency trading and initial coin offerings (ICOs) in a bid to clampdown on the market.Last September,...
Bitcoin News
China’s PBoC is Legitimately Afraid of Cryptocurrencies
The Bitcoin situation has grown pretty complicated over the past few weeks. With all exchanges winding down soon, things aren't looking all that great....
Bitcoin News
Chinese Bitcoin Exchanges Must Halt Margin Trading, Bitcoin Lending, And Futures Contracts
The People's Bank of China has intervened in the bitcoin world over these past few weeks. To be more precise, the central bank wants...
Bitcoin News
Is The PBOC Using Bitcoin Exchanges To Catch People Who Violate Capital Flight Restrictions?
The recent actions by the People's Bank of China raise a lot of questions among bitcoin community members. Some people even feel the PBOC...
Bitcoin News
OKCoin Lowers Bitcoin Spot Trading Leverage
The Bitcoin situation in China continues to evolve, and a lot of exchanging are reducing their margin trading opportunities. In fact, OKCoin lowered its...
