Advertisements



China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’ 

China’s proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said......»»

Category: forexSource: coindeskNov 12th, 2019

China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’ 

China’s proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said......»»

Category: forexSource: coindeskNov 12th, 2019

Fake Website Prompts China’s Central Bank to Deny Digital Yuan Launch

Despite online impostors claiming otherwise, the People’s Bank of China said the country’s stablecoin project is still in the testing stage with no date set for launch......»»

Category: forexSource: coindeskNov 14th, 2019

Ex-Official Trolls Libra, Says China Likely to Issue Digital Currency First

China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed......»»

Category: forexSource: coindeskOct 28th, 2019

PBoC Denies Claims It Will Launch Digital Currency in November

China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies......»»

Category: forexSource: coindeskSep 23rd, 2019

Exclusive: Yuan at right level, disorderly capital flows unlikely - China central bank official

China's yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily cause disorderly capital flows, a senior official at the People's Bank of China told Reuters on Tuesday......»»

Category: topSource: reutersAug 13th, 2019

Exclusive: China central bank official says yuan at right level, disorderly capital flows unlikely

China's yuan is at an appropriate level currently and its fluctuations will not necessarily cause disorderly capital flows, a senior official at the People's Bank of China told Reuters on Tuesday......»»

Category: topSource: reutersAug 13th, 2019

China’s Central Bank ‘Close’ to Launching Official Digital Currency

An official at China's central bank has said the institution is nearing the launch of its national digital currency......»»

Category: forexSource: coindeskAug 12th, 2019

Volatility in China"s yuan due to escalating U.S. trade friction: PBOC official

Volatility in China's yuan since August is a normal market reaction to escalating trade frictions stoked by the United States and was caused, to some extent, by Washington's decision to raise tariffs, a senior Chinese central bank official said......»»

Category: topSource: reutersAug 11th, 2019

China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief

China should revamp its plan for a national digital currency in the face of Facebook's Libra cryptocurrency, says the central bank's former head......»»

Category: forexSource: coindeskJul 11th, 2019

Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official

China's central bank could hasten development of its own digital cash to counter the threat posed by Facebook's Libra cryptocurrency, an official says......»»

Category: forexSource: coindeskJul 8th, 2019

PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto

China's central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency......»»

Category: forexSource: coindeskOct 11th, 2018

ECB Official Says Digital Currency Could Be an Alternative to Cash

A digital currency could ensure that citizens remain able to use central bank money even if cash is eventually no longer used, according to Benoît Cœuré......»»

Category: forexSource: coindeskNov 28th, 2019

Developed Countries Have Little Need for CBDCs, Says Bank of Korea Official

The Bank of Korea has again poured cold water on the idea of adopting a central bank digital currency, according to remarks made by an official of the central bank......»»

Category: forexSource: coindeskOct 31st, 2019

China Announces New Regulatory Authority to Certify Digital Payments, Blockchain Products

China’s central bank will certify a list of fintech products that are widely used for digital payment and blockchain services with its verification system......»»

Category: forexSource: coindeskOct 29th, 2019

Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption

A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance......»»

Category: forexSource: coindeskOct 28th, 2019

Top Fed Official Says US Central Bank ‘Actively’ Debating Digital Dollar

Federal Reserve Bank of Dallas President Rob Kaplan says the U.S. dollar faces increasing threats to its status as the global reserve currency......»»

Category: forexSource: coindeskOct 16th, 2019

Fed Official Says Digital Central Bank Currency Is ‘Inevitable’

Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency......»»

Category: forexSource: coindeskOct 3rd, 2019

The Wall Street Journal: China frees up $126 billion for lending with reserve-ratio cut

China’s central bank will unleash roughly 900 billion yuan ($126 billion) into the financial system, in an effort to boost lending as the world’s second-largest economy faces increasing pressure from a trade war with the U.S......»»

Category: topSource: marketwatchSep 6th, 2019

China sets yuan midpoint weaker than 7 for second time this week

China's central bank set the yuan's midpoint weaker than 7 per U.S. dollar for the se.....»»

Category: topSource: marketwatchAug 9th, 2019

China sets yuan’s midpoint at weakest level since 2008

China’s central bank set the daily midpoint for the yuan at its weakest level since 2008 early Thursday......»»

Category: topSource: marketwatchAug 7th, 2019