#Peoples Bank of China News

China’s Central Bank Promotes Blockchain Utility

China: Central Bank Inching Closer to CBDC Issuance

March 24, 2020 by Osato Avan-Nomayo at Regulation

China has reportedly made significant progress with the basic functions of its proposed central bank digital currency (CBDC) based on patent filings submitted by Chinese fintech giant Alipay. Beijing Inching Closer to CBDC Issuance According to the Global Times, Alipay filed five patents related to its work on China’s planned...

China National Blockchain Network Goes Live April 2020

China’s PBoC Official Educates the Public on Cryptocurrencies and Facebook’s Project Libra

November 18, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Mu Changchun, the Deputy Director of the People’s Bank of China (PBoC) has taken to De Dao, a popular Chinese education app to enlighten the masses on cryptocurrencies, including Facebook’s Libra altcoin and China’s Digital Currency Electronic Payment (DCEP) system, reports Forkast on November 18, 2019. Mu Talks About Libra ...