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PBOC
PBoC Says It Will Keep High Pressure on Crypto Trading
China's central bank holds that crypto trading brings financial risk to the economy, and said it will continue a crackdown on the industry.

Digital Yuan Used in $5B of Transactions, Says China's Central Bank
The PBOC also said the central bank digital currency will be compatible with smart contracts.

China's Central Bank 'Worried' Stablecoins Pose Risk to Financial System
Global stablecoins "may bring risks and challenges to the international monetary system," said PBOC's Fan Yifei.

Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown
Bitcoin fell from $35,100 to nearly $34,000 after the news started doing the rounds on Twitter.

China's Anti-Crypto Crackdown Is Different This Time
Miners leaving China show the seriousness of new enforcement. But constrained trading and investment are more likely to really matter.

China Says Banks Must Block Crypto Transactions; Market Falls
China's central bank says institutions must not provide trading, clearing and settlement for crypto transactions.

Ex-Head of China's Digital Yuan Effort Says CBDCs Could Operate on Ethereum
Central bank digital currencies will one day be more "smart," and not merely digital versions of cash, Yao Qian said.

Beijing's Crypto Crackdown Is Not New but Don't Dismiss It
China’s reiterated crypto ban sharpens the focus on the financial sector.

Card-Based Digital Yuan Wallet Manufacturer to Use Fingerprint ID Tech
The new digital yuan wallet will require users’ biometric information to enable payments.

Ant Group Has Been Working With China’s Central Bank on Its CBDC Since 2017: Report
The Alibaba-affiliated company disclosed the information over the weekend at the Digital China Summit in Fuzhou.
