Tag: PBOC
Chinese regulators ban crypto trading, mining; Bitcoin tumbles globally
China escalates its crackdown on cryptocurrencies with a blanket ban on all digital currency transactions and mining, sending bitcoin and other major coins lower...
China’s central bank vows to keep high pressure on crypto market
China’s central bank has pledged to maintain its strong regulatory pressure on cryptocurrency trading and speculation after rapidly increasing its clampdown in the sector...
China discreetly threatens Alipay, WeChat Pay with digital yuan
In Shanghai, the commercial hub of China, six big state banks are quietly promoting digital yuan ahead of a May 5 shopping festival, carrying...
China urges Ant Group to restructure its operations; new hit on...
Chinese authorities have asked the world’s largest fintech company, Ant Group Co Ltd to restructure its lending and other consumer finance operations to comply...
