People’s Bank Of China

china-opens-industrial-park-for-digital-yuan-cbdc-development-in-shenzhen
Posted by | October 12, 2023
China opens industrial park for digital yuan CBDC development in Shenzhen

The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan. 1503 Total views 3 Total shares China opened an...

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bitcoin-gains-legal-recognition-as-digital-currency-in-shanghai,-china
Posted by | September 26, 2023
Bitcoin gains legal recognition as digital currency in Shanghai, China

A similar report from another Chinese court in September recognized cryptocurrencies as virtual properties protected by law. 3876 Total views 83 Total shares The Shanghai No.2 Intermediate People’s Court in...

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mbridge-cbdc-project-preparing-for-new-members,-launch-of-minimum-viable-product
Posted by | September 25, 2023
mBridge CBDC project preparing for new members, launch of minimum viable product

The project now includes central and commercial banks from China, Hong Kong, Thailand and the UAE. Future new members were not identified. 1687 Total views 45 Total shares Project mBridge...

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grayscale-victory,-sec-delays-decision-on-bitcoin-etfs:-law-decoded
Posted by | September 4, 2023
Grayscale victory, SEC delays decision on Bitcoin ETFs: Law Decoded

On Aug. 29, crypto asset manager Grayscale Investments scored a major victory against the United States Securities and Exchange Commission in its efforts to convert its over-the-counter Grayscale Bitcoin Trust...

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salary-payments-in-usdt-stablecoin-ruled-as-illegal-in-the-chinese-court
Posted by | July 6, 2022
Salary payments in USDT stablecoin ruled as illegal in the Chinese court

Tether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions. 511 Total views 5 Total shares...

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deribit-and-okx-attract-significant-traffic-from-china-despite-a-blanket-ban:-report
Posted by | May 9, 2022
Deribit and OKX attract significant traffic from China despite a blanket ban: Report

Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk. 1709 Total views 41 Total shares Data from website traffic metric provider Similarweb...

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china-debuts-blockchain-based-digital-yuan-salary-payments-in-xiong’an
Posted by | June 14, 2021
China debuts blockchain-based digital yuan salary payments in Xiong’an

China reportedly implemented the country’s first blockchain-powered digital yuan transactions in the Xiong’an New Area. 10496 Total views 10 Total shares China is progressing with its central bank digital currency...

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report:-ant-group-to-overhaul-structure-per-agreement-with-china-authorities
Posted by | February 3, 2021
Report: Ant Group to overhaul structure per agreement with China authorities

Several of Ant Group’s offerings including the blockchain division will reportedly become part of a financial holding company. 3215 Total views 25 Total shares Ant Group, the financial affiliate of...

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central-bank-digital-currencies-have-the-power-to-upend-global-finance
Posted by | October 26, 2020
Central bank digital currencies have the power to upend global finance

An astonishing 80% of central banks are engaging in work around central bank digital currencies, from research to experimentation and pilot programs. A recent Bank for International Settlements, or BIS,...

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