Sunday , June 4 2023
Home / Tag Archives: pboc

Tag Archives: pboc

China’s Top Prosecution Agency Warns NFT Users of Possible Economic Exploitation via Price Manipulation

According to Chinese prosecutors, NFT creators hide in plain view through the use of airdrops, blind boxes, limited sales, and synthesis. The Chinese government has pushed the country to digital economy adoption post-Covid-19 global pandemic. The country has significantly rolled out the digital yuan in anticipation to widen the adoption of its currency as a global reserve. The digital Yuan is expected to significantly help improve the overall liquidity of cryptocurrencies in the Asian...

Read More »

China’s Economic Data Missed Broad Expectations amid Wobbled Recovery

China’s economic outlook also affected the stocks of some of the top companies in the country. China’s economic recovery has been faced with a lot of strain in its attempt to return back to winning ways as marked by growth, however, recent data points that the economy has continued to miss broad expectations. As reported by CNBC, economic data from Reuters proved that the COVID-19 restrictions that were in place for the better part of last year had more impact than previously...

Read More »

People’s Bank of China: Bitcoin ist eine interessante Alternative

China ist nach eigenen Angaben kurz davor, eine eigene Kryptowährung herauszugeben. Eine Einführung stehe "kurz bevor", sagte der Vizedirektor für den Zahlungsverkehr der chinesischen Notenbank auf einer Konferenz. Foto: Zentrale der PBC in Peking, CC 4.0 by Max12Max, Wikipedia Ändert China die Einschätzung zum Bitcoin? Vor vier Jahren wurde der Handel mit Bitcoins in China...

Read More »

People’s Bank of China Is to Try Out Its New Digital Currency in Two Cities

Sequel to earlier reports that its digital currency was in the works, the Chinese are reportedly set to test its new digital currency electronic payment (DC/EP) in two cities of Shenzen and Suzhou. Sources further indicate that the People’s Bank of China (PBoC) will become the first Central Bank in the world to introduce its digital currency. It has also further emerged that the PBoC is set to work with seven state-owned corporate entities to run this test: three telecoms companies and four...

Read More »