Yi gang, who on March 19 was “unexpectedly” appointed as the new head of the people’s Bank of China (PBOC), can change the rigid position of the Department in relation to cryptocurrencies. According to Chinese media, in 2103 Yi has made several statements regarding bitcoin, in which he said that he can not be considered… More
Managing people’s Bank of China (PBoC) during a press conference on Friday was critical of the cryptocurrency speculation. Speaking at a press conference in the framework of the annual political events in China, managing people’s Bank of China (PBoC), Zhou Xiaochuan harshly criticized cryptocurrency projects that refused to achieve its initial goals and objectives for… More
China’s Central Bank is considering issuing its own digital currency. According to officials it is not based on the blockchain. In an interview with the publication Yicai, Deputy Chairman of the people’s Bank of China Fan Yifei said the preliminary plans for a potential digital currency. He said that the Bank currency would be significantly… More