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Tag: PBOC

Unconfirmed: China’s National Digital Currency Reportedly Ready for Testing

China’s long-awaited government-backed digital currency is reportedly set to undergo trial in selected regions in the country, according to leaked information. The screenshot,...

Chinese Gov’t Sets Up a Committee for Blockchain and DLT Standards

The Chinese government and its federal authorities are getting increasingly involved in the blockchain space to push forward innovation throughout the country. In the...

Chinese City Signs Deal With Huawei to Strengthen Blockchain Adoption

The government of the Nanshan District of Shenzhen, China has announced an agreement with the multinational telecommunications and consumer electronics giant Huawei to...

Bitcoin Regulations by Country (Updated for 2020)

Americas: AnguillaRegulatedRegulatedThe Anguilla Utility Token Offering Act (the AUTO Act) was introduced in 2017 to regulate how ICOs and security tokens should...

Bank of Korea Launches Experimental Trial for National Cryptocurrency

The central bank of South Korea has announced the launch of its Central Bank Digital Currency (CBDC) pilot project to determine the...

Chinese Banks Use Blockchain Platform to Process Millions in Foreign Trade

Over 20 banks in Chongqing China have used a trade finance platform powered by blockchain to process over $56 million in foreign trade...

China’s Central Bank to Inject $4.7M into Blockchain Trade Platform

The People’s Bank of China (PBoC) has secured $4.7 million in funding from China’s central government for its blockchain trade finance platform. The...

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