PBOC


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China's Central Bank Halts Bond Purchases to Support Yuan, BTC Holds Under $95K

The PBOC on Friday suspended bond purchases to stall the slide in bond yields and CNY

China. (Excellentcc/Pixabay)

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Attention Bitcoin Bulls, China Stimulus May Have Lost Its Mojo

According to BCA Research, generating large bullish "credit impulses" is now a tough task for China.

16:9 Crop: Shanghai, China (Li Yang / Unsplash)

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Bitcoin More Linked With U.S. Fed, Traders Say, as China Lands Stimulus

People’s Bank of China governor Pan Gongsheng announced a range of measures to stimulate the economy.

(Coindesk Indices)

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China's Currency Woes to Weigh on Bitcoin: Crypto Observer

Measures taken by the People's Bank of China to cushion yuan against the stock market slide could weigh over bitcoin's price.

16:9 Crop: Shanghai, China (Li Yang / Unsplash)

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Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking

The risk-off mood is probably the market's way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy.

(Pixabay)

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Bitcoin Drops $2K as China Declares Cryptocurrency-Related Business Illegal

Bitcoin erased Thursday’s 3% gain as PBOC stepped up its crackdown on crypto

Bitcoin's daily chart (TradingView)

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Crypto Trading Isn't Protected by Law, Shandong Province High Court Says

The ruling contradicts that of a court in Shanghai last week.

Shandong province capital, Jinan.

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35 Chinese Banks Add Digital Yuan to Apps as Lenders Prepare for Adoption: Report

Another 94 banks plan to access the CBDC via a clearing platform.

Customers at a coffee shop in Beijing can use the digital yuan to pay.

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Shenzhen PBoC Launches Crypto Trading 'Clean-Up': Report

China's central bank vowed earlier in August to keep high pressure on crypto trading.

People's Bank of China

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Honor Releases First Snapdragon Smartphone With Digital Yuan Wallet

The PBoC has been pushing for hardware applications of the digital yuan.

People's Bank of China

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