PBOC

The PBOC holds the reins of China’s monetary policy and is pivotal in shaping the global crypto landscape. Discover its strategic moves and implications.

China·Legal·

5 months ago

People’s Bank of China Sees Little Urgency for Blockchain Stablecoin Adoption Domestically

The People’s Bank of China on Stablecoins The People’s Bank of China (PBoC) has indicated that the demand for independent blockchain-based stablecoins is not pressing within the domestic market. This conclusion comes

China·

6 months ago

JD.com and Ant Group Advocate for Yuan Stablecoins to Counter US Dollar Influence

JD.com and Ant Group Push for Yuan-Backed Stablecoins In a strategic move aimed at bolstering the Chinese yuan’s position in global finance, JD.com, one of China’s leading e-commerce platforms, along with Ant

China·Hong Kong·

4 months ago

HSBC Highlights Potential for RMB Stablecoins in Hong Kong as State-Owned Enterprises Pursue Stablecoin Initiatives

Significant Developments in Digital Renminbi During a recent address at the Lujiazui Forum in June, Liu Jing, the Chief Economist for HSBC Global Asset Management in Greater China, highlighted significant developments regarding

China’s Financial Authorities Reinforce Ban on Cryptocurrency Amid Renewed Speculation Risks

China’s Urgent Meeting on Cryptocurrency Risks In a decisive move to address the rising risks associated with cryptocurrency speculation, China’s leading financial institutions and law enforcement agencies held an urgent meeting led

3 weeks ago

Bitcoin·Legal

China Upholds Strict Regulations on Cryptocurrency as Asian Countries Adopt Stablecoins

China’s Stance on Digital Currencies China’s approach to digital currencies remains stringent, emphasizing rigorous oversight of cryptocurrencies and stablecoins as neighboring Asian nations move towards establishing regulated systems. On Monday, during a

2 months ago

Legal

Shanghai Unveils Digital Yuan Operations Hub Aimed at Enhancing Global Financial Integration

Introduction to the Digital Yuan Center China’s central bank has initiated operations at a newly established digital yuan center located in Shanghai. This facility will manage various platforms focused on cross-border transactions,

3 months ago

Legal

PBOC Insights: The Role of Stablecoins in China’s Financial Landscape and Beyond

The People’s Bank of China on Stablecoins The People’s Bank of China (PBOC) has published a comprehensive review regarding stablecoins, emphasizing a crucial distinction: these digital assets function as private currencies from

6 months ago

Legal

PBOC

People’s Bank of China Sees Little Urgency for Blockchain Stablecoin Adoption Domestically

JD.com and Ant Group Advocate for Yuan Stablecoins to Counter US Dollar Influence

HSBC Highlights Potential for RMB Stablecoins in Hong Kong as State-Owned Enterprises Pursue Stablecoin Initiatives

China’s Financial Authorities Reinforce Ban on Cryptocurrency Amid Renewed Speculation Risks

China Upholds Strict Regulations on Cryptocurrency as Asian Countries Adopt Stablecoins

Shanghai Unveils Digital Yuan Operations Hub Aimed at Enhancing Global Financial Integration

PBOC Insights: The Role of Stablecoins in China’s Financial Landscape and Beyond

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