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Tag: People’s Bank Of China

Beijing Once Banned Bitcoin – Now It’s Made Blockchain Inevitable – The Daily Hodl

HodlX Guest Post  Submit Your Post   Two years ago, China banned crypto outright, leaving Web 3.0 companies blocking signups from Chinese users and fleeing the Middle...

Shaoxing Plans Major Digital Yuan Giveaway Ahead of Asian Games Showcase

The city of Shaoxing in China is gearing up for an Asian Games-themed digital yuan giveaway, aligning with the nation’s preparations...

Bitcoin steady above US$30,000, all top 10 cryptos rise

Bitcoin prices gained in Tuesday afternoon trade in Asia to remain above US$30,000. Ether and all other top 10 non-stablecoin cryptocurrencies strengthened in the...

IMF Shows How Central Banks Can Learn from E-Money for CBDC Success – Fintech Singapore

As emerging technologies converge, the world is steered towards new digital money and payment forms. With over 100 countries exploring the potential of central...

Cash-for-Metaverse: How China’s Digital RMB And Metaverse Strategy Could Circumvent Sanctions – CryptoInfoNet

IntroductionOn February 27, the State Council of the People’s Republic of China released its Digital China Plan (数字中国建设整体布局规划), outlining China’s latest strategy for its...

Central Bank of China Appoints Anti-Bitcoin Governor As Top Communist Party Official: Report – The Daily Hodl

China’s Communist Party has reportedly appointed a Bitcoin (BTC) skeptic as the central bank’s party secretary, putting him in line to become the next...

Crypto Live News : Chinese Liquidity Boost Coincides with Bitcoin’s Rise, Says Prominent Crypto Analyst

Prominent crypto analyst @tedtalksmacro recently took to Twitter to highlight an interesting trend in the world of cryptocurrency. He noted that the increase in...

Welcome to a bipolar world of monetary policies – MarketPulse

Monetary policies and guidance of the 4 major central banks are moving in the opposite direction. US Fed and Eurozone ECB are in the...

Bitcoin below US$25,000; all top 10 cryptos fall

Bitcoin traded below US$25,000 on Thursday afternoon in Asia for the first time since March 17 this year, when it stood at US$24,973. Ether,...

Former PBoC official calls on China to reevaluate its ban on crypto

As cryptocurrencies look to be on the road to recovery, with prices rising and daily signs that adoption is on the rise, authorities...

Brace for impact: the market could explode if China lifts its Crypto ban

Beijing has issued a white paper titled “Web3 Innovation and Development White Paper (2023)”, advocating for web3 technology as a crucial component of future...

Yuan weakness spooks China and Asia ex-Japan stock markets – MarketPulse

USD/CNH (offshore yuan) has surged to a 6-month high of 7.08. Since late Oct 2022, the movement of USD/CNH has had a high degree...

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