Search results
Jan 31, 2022 · The People's Bank of China argues that its ban on cryptocurrencies is to curtail financial crime and prevent economic instability. However, China's cryptocurrency ban comes amid fears that cryptocurrencies were facilitating capital flight from its markets, bypassing conventional restrictions.
Sep 24, 2021 · SHANGHAI/LONDON, Sept 24 (Reuters) - China's most powerful regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and mining, hitting...
Sep 29, 2021 · China’s hostile stance regarding crypto dates back to Dec. 5, 2013, when the People’s Bank of China (PBoC), the Ministry of Industry and Information and other financial watchdogs jointly...
Sep 24, 2021 · China intensified its crackdown on cryptocurrency on Friday, declaring all financial transactions involving cryptocurrencies illegal and issuing a nationwide ban on cryptocurrency mining,...
Sep 24, 2021 · Trading crypto-currency has officially been banned in China since 2019, but has continued online through foreign exchanges. However, there has been a significant crackdown this year.
Jun 23, 2021 · The reports indicate the potential for a large drop world’s crypto mining capacity: the University of Cambridge estimated in April of 2020 that China provided 65 percent of Bitcoin’s...
Sep 24, 2020 · China began testing the digital currency earlier this year in selected cities. When rolled out it will allow users to link downloaded electronic wallets to their bank cards, make transactions...
Sep 24, 2021 · China's central bank renewed its tough talk on bitcoin, calling all digital currency activities illegal and vowing to crack down on the market.
May 19, 2021 · SHANGHAI, May 19 (Reuters) - Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrencies, marking a...
2 days ago · The Digital Yuan is the version of a retail CBDC that goes directly to people (as opposed to a wholesale one meant to interact with banks or other central banks). It's intended to replace cash ...
