PBoC Slams Stablecoins, Citing Risks and Illicit Use
Enjoyed this article? Share it with your friends! On November 29, China's central bank, the People's Bank of China, stated ...
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Tag: PBOC
PBOC Opens Shanghai Hub for Digital Yuan, Global Payments
Enjoyed this article? Share it with your friends! China has set up a new facility in Shanghai to help develop ...
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Former PBOC Chief Warns Stablecoins May Threaten Financial Stability in China
A former governor of the People’s Bank of China warned against calls for the Chinese government to allow yuan‑based stablecoins, ...
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PBOC Report Highlights Crypto Oversight, Hong Kong Takes the Lead with Licensing Initiatives
The People’s Bank of China (PBOC) digital currency cryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration ...
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