The Dow followed Chinese equities higher Monday after the People’s Bank of China announced a fresh liquidity boost to shore up the financial system. The gains quickly evaporated as Boeing, American Express and Goldman Sachs tumbled.
Wall Street and global stocks are off to a good start in 2020 after the People’s Bank of China provided a fresh liquidity boost to Chinese banks.
Zhou Xiaochuan, PBOC’s former governor, said that China would continue developing a digital yuan for retail and international settlements.
The People’s Bank of China (PBOC) kicked off a new easing cycle on Monday by lowering interest rates for the first time in four years
The People’s Bank of China addresses rumors about its digital currency launching in Q1 2020. Speculations mount about the government-backed cryptocurrency. A few details are
Chinese State Media Praise Bitcoin as a “Successful Application of Blockchain” Blockchain fever overruns the people’s republic Bitcoin propaganda comes as China preps to launch
China’s central bank has called on the government to strengthen supervision into ‘speculative’ financing and investments in the blockchain sector. The Research Bureau of the
China’s digital currency director said that excessive decentralization is a fatal flaw that spells doom for Bitcoin, Ethereum, and many other public blockchains. Writing in
A vice governor of China’s central bank has doubled down on the regulator’s sweeping ban on ICOs in September that also led to the shuttering
The head of the People’s Bank of China’s (PBoC) Digital Currency Research Institute has called for the Chinese central bank to adopt a government cryptocurrency
Chinese regulators have reportedly stated that a bitcoin exchange ban is “certain”. Meanwhile, Shanghai has issued a verbal shutdown order to bitcoin exchanges based in
China’s central bank has announced an immediate blanket ban on all initial coin offering (ICO) funding, deeming it to be an illegal practice of fundraising.
China, a country that already plays a critical role in cryptocurrency due to its dominance in bitcoin trading and mining, will support blockchain development as
The People’s Bank of China, China’s central bank, is in the process of recruiting blockchain experts as it ramps up its longstanding effort to develop
FXBTC posted an announcement to their website earlier today, 5/2/14. The announcement let FXBTC customers know that FXBTC would be shutting down its site on
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