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Category China Central Bank

Crisis In Crypto: China’s Leading Blockchain Advocate Faces Investigation

Crisis In Crypto: China’s Leading Blockchain Advocate Faces Investigation

Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.” The Ba...
China’s central bank acts to stabilize yuan amidst a 16-year low

China’s central bank acts to stabilize yuan amidst a 16-year low

On Monday, China’s central bank, the People’s Bank of China (PBOC), intervened to pull the yuan away from its 16-year low against the dollar. The P...
Shanghai Unveils Bold Blockchain And Digital Innovation Plans For Industries

Shanghai Unveils Bold Blockchain And Digital Innovation Plans For Industries

Shanghai government releases guidelines to promote blockchain, digital yuan, and metaverse adoption in real-world industries. Read more... Coincu N...
CBDC: Shanghai Financial Service Launches Digital Yuan Services

CBDC: Shanghai Financial Service Launches Digital Yuan Services

The Chinese central bank’s financial services clearing counterparty, the Shanghai Clearing House, launched digital yuan (a CBDC) clearing and settl...