Bank of China News
Latest Bank of China News
The latest financial stability report from the People's Bank of China reveals a distinct section for crypto-assets.
China’s major lender has concluded the cross-border settlement for precious metals trading with digital yuan. The Bank of China is set to expand the application of the country’s digital currency as the Beijing-based commercial bank has completed the first cross-border…
Hong Kong has reportedly hired a group of banks to help set up a digital hub to issue green bonds using blockchain technology. According to a Bloomberg report, the city is in talks with HSBC, Credit Agricole, Bank of China,…
Although trading of cryptocurrencies has been outlawed on the mainland for years, Chinese banks have reached out directly to crypto firms in recent months.
In a report issued on April 3, 2020, the Bank of International Settlements (BIS) opined that it could soon ramp up its operations to make way for central bank digital currencies (CBDC) and digital payments amid the COVID-19 pandemic. COVID-19…
Bank of China (BoC), one of the four largest government-owned commercial banks in the country has released an infographic aimed at creating awareness about the world’s flagship cryptocurrency, Bitcoin (BTC). The infographic explains how bitcoin works, its volatile nature and…