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#Peoples Bank of China News
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...
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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 ...
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