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Hong Kong Reportedly Pushing Top Banks to Support Crypto Firms

The targeted banks are HSBC, Standard Chartered, and the Bank of China.
Hong Kong recently legalized crypto for retail investors.

Thursday, 15/06/2023 | 12:42 GMT by Jared Kirui

CNHC Stablecoin Issuer's Team Arrested by Police in China

Crypto exchange KuCoin is one of the investors of CNHC.
Despite progress with its CBDC pilot, China remains tough against crypto.

Wednesday, 31/05/2023 | 16:55 GMT by Jared Kirui

People's Bank of China Gov: Crypto Is an "Investment Option," Not "Currency"

The newly-appointed Governor of PBoC seems to be taking a more crypto-friendly stance than his predecessor.

Monday, 19/04/2021 | 07:11 GMT by Rachel McIntosh

China's Digital Yuan Completed 20K+ Transactions in Successful Weekend Trial

Still, China's digital currency may not be used on a massive scale until 2023.

Monday, 14/12/2020 | 06:09 GMT by Rachel McIntosh

Ride-Hailing Giant DiDi Chuxing to Test China's Digital Yuan

PBoC has already started to pilot the digital currency in a controlled manner.

Wednesday, 08/07/2020 | 12:39 GMT by Arnab Shome

Chinese Congress Reviews National Blockchain Fund Bill

A bill to create a specialized national blockchain fund was submitted to China's congress during the annual 'Two Sessions'.

Monday, 25/05/2020 | 05:57 GMT by Rachel McIntosh

Starbucks and McDonald's Could Trial China's Central Bank Digital Currency

Testing could take place in the Xiongan New Area, according to a local report

Thursday, 23/04/2020 | 13:30 GMT by Finance Magnates Staff

Refinitiv Partners with Bank of China to Launch DeepFX

DeepFX is an AI-based forex trading prediction application.

Tuesday, 24/03/2020 | 13:42 GMT by Celeste Skinner

Chinese Central Bank Finishes Basic Development of CBDC

AliPay published five patents on digital yuan.

Tuesday, 24/03/2020 | 13:38 GMT by Arnab Shome

Bank of China Disses Crypto Trading on Official WeChat Account

Discouraging against crypto trading, the post pointed to market manipulation, fraudulent bot transactions, and volatility.

Monday, 23/03/2020 | 06:59 GMT by Rachel McIntosh

Binance to Open Beijing Office Following China's Blockchain Push

The Malta-based cryptocurrency exchange appears to be attempting to build a positive connection with the Chinese government.

Friday, 01/11/2019 | 07:31 GMT by Rachel McIntosh

Horizon Automates China Futures Reporting

Responding to regulatory change, the software provider will automatically report futures trades to financial authorities

Tuesday, 13/08/2019 | 12:23 GMT by David Kimberley

PBOC Official Says Libra Could Result in Political Tensions

Director Wang Xin noted that if Libra is heavily influenced by the USD, it will have serious economic ramifications

Monday, 08/07/2019 | 16:18 GMT by David Kimberley

Bank of China Subsidiary Fined HKD 10 Million by SFC

BOCI Securities breached a number of regulations related to the sale of investment products

Monday, 18/03/2019 | 10:47 GMT by David Kimberley

Will China Issue Its Own National Stablecoin After All?

Not much has been said about China's proposed national stablecoin for the past year--will it happen?

Wednesday, 30/01/2019 | 12:28 GMT by Rachel McIntosh

PBoC: Cryptocurrencies Won’t Disrupt the Traditional Money System

China’s central bank has yet again reiterated that it is not impressed with cryptocurrencies.

Thursday, 15/11/2018 | 13:17 GMT by Celeste Skinner

Bank of China Launches Blockchain Research Initiative to Improve Monitoring

The bank also plans to research AI, cloud computing, and big data.

Friday, 10/08/2018 | 16:57 GMT by Rachel McIntosh

Analysis: Ongoing Uncertainty Plagues Chinese Market

Crackdowns on advertising services and PSPs have created a climate of uncertainty for retail brokers

Thursday, 09/08/2018 | 12:40 GMT by David Kimberley

EOS Ranked #1 by Chinese Government for second Month in a Row

The ratings placed Bitcoin in 16th place out of a monthly list of 31 cryptocurrency projects

Wednesday, 25/07/2018 | 09:35 GMT by Rachel McIntosh

Bitmain is Planning to Conquer the AI Industry

The company's co-chief executive has plans to expand Bitmain beyond crypto mining.

Friday, 18/05/2018 | 07:15 GMT by Rachel McIntosh

"China's Crypto Ban Won't Be Lifted Soon," Says Head of The Floor HK

Desmond Marshall paints a portrait of blockchain's state of affairs in China.

Monday, 07/05/2018 | 07:28 GMT by Rachel McIntosh

Alibaba Subsidiary ‘Taobao’ Bans Sale of ICO-Related Services

Taobao's new rules come as the PBOC reaffirms its restrictive policy towards crypto.

Thursday, 12/04/2018 | 06:54 GMT by Rachel McIntosh

Ban Reversal Approaching? PBoC's New Governor is "Inspired" by Bitcoin

The new governor's views on cryptocurrency could shape Chinese policy favorably for crypto users.

Tuesday, 20/03/2018 | 06:38 GMT by Rachel McIntosh

China to Crypto Miners: Time to Make an “Orderly Exit”

Chinese mining operators were told that they needed to have a plan to cease operations by Jan. 10.

Thursday, 11/01/2018 | 08:21 GMT by Rachel McIntosh

Chinese Central Bank Pushing to Curb Bitcoin Mining

The authorities are planning to limit the mining business by restricting the electricity usage of miners.

Wednesday, 03/01/2018 | 14:18 GMT by Arnab Shome

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