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Markets

Chinese Regulators Blast Crypto Fundraising in New Joint Warning

Five regulatory agencies in China have issued a warning against illegal fund raising and trading activities related to blockchain and cryptocurrency.

Credit: Shutterstock

Markets

PBoC Will 'Crush' Foreign ICOs Targeting Chinese Investors: Official

Pan Gongsheng, a vice governor of the People's Bank of China, has once more issued strong statements on initial coin offerings.

People's Bank of China's headquarters in Beijing

Markets

PBoC Filings Reveal Big Picture for Planned Digital Currency

The continuing efforts by China's central bank to build a fully-featured digital currency product are revealed in its many patent filings.

yuan bundles

Markets

Bitcoin, DLT and Bank Ledgers: A Central Banker's View

The man in charge of China's quest to research and deploy distributed ledgers outlines his view on the breakthroughs of bitcoin and potential of DLT.

straws, color

Markets

China Has Built a Blockchain System That Could Replace Paper Checks

China's central bank has completed a blockchain-based system that digitizes checks in a move to counter fraud in the country.

check, checkbook

Markets

PBoC Researcher Touts More Centralized Approach to Blockchain

Giving up full decentralization could solve many of blockchain's existing problems, says Yao Qian, research director at China's central bank.

People's Bank of China, Beijing

Markets

China's Central Bank Eyes Crypto as Possible Yuan Risk

The People's Bank of China says cryptocurrencies will be a top priority for the agency this year, in an effort to protect the national currency.

People's Bank of China, Beijing

Markets

State Digital Currency Still On Agenda, Says China's Blockchain Lead

China is still in the process of developing a state digital currency, the chief of a government-funded blockchain research center has said.

Chinese yuan image via Shutterstock

Markets

PBoC Chief Won't Rule Out Distributed Ledger for New State Currency

PBoC chairman Zhou Xiaochuan said the central bank will one day have a digital currency, though several requirements must be met first.

Zhou Xiaochuan

Markets

OKCoin CEO Hints at China Cooperation In Leaked Chat

Star Xu, the founder of Chinese crypto exchange OKCoin, is sparking controversy with remarks his firm may be open to working with the government.

OKCoin, Star Xu

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