people’s bank of china

China Central Bank Governor Says Digital Yuan Has ‘Managed Anonymity’
China Central Bank Governor Says Digital Yuan Has ‘Managed Anonymity’
October 31, 2022  |  Cryptocurrency

People’s Bank of China Governor Yi Gang has reportedly said that the country’s centralized digital yuan (e-CNY) should protect privacy but should not be as...

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Four Countries Test Multi-CBDC Arrangement
Four Countries Test Multi-CBDC Arrangement
October 26, 2022  |  CBDC

The Bank for International Settlements (BIS) on Wednesday (Oct. 26) published a report on Project mBridge, a four-nation collaborative pilot for cross-border central bank digital...

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Digital Yuan Transactions Pass $14B While US Debates Digital Dollar
Digital Yuan Transactions Pass $14B While US Debates Digital Dollar
October 26, 2022  |  Cryptocurrency

Chinese citizens have spent more than $14 billion worth of digital yuan, the People’s Bank of China said last week. Get the Full Story Complete...

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China, Thailand, UAE, BIS Test Cross-Border CBDC Payments
China, Thailand, UAE, BIS Test Cross-Border CBDC Payments
September 29, 2022  |  CBDC

The Bank for International Settlements (BIS) says it has carried out the first pilot of a central bank digital currency (CBDC) involving “four jurisdictions and...

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China Experiments With CBDC Tax Payments
China Experiments With CBDC Tax Payments
April 29, 2022  |  CBDC

Citizens in China have reportedly begun paying taxes with the digital yuan as part of a pilot program in the Zhejiang province. Get the Full...

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PBOC Pledges Loans to Protect Supply Chain
PBOC Pledges Loans to Protect Supply Chain
April 15, 2022  |  B2B Payments

The People’s Bank of China (PBOC) has pledged financial backing for trucks and logistics companies amid the country’s worst COVID outbreak in two years. Get...

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PBOC Says Number of High-Risk Banks to Fall as It Cracks Down
PBOC Says Number of High-Risk Banks to Fall as It Cracks Down
March 03, 2022  |  Banking

The People’s Bank of China (PBOC) said Thursday (March 3) that it expects to see a continuing drop in the number of high-risk banks across...

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Bitcoin Use Suffers Steep Decline in China
Bitcoin Use Suffers Steep Decline in China
March 03, 2022  |  Cryptocurrency

Bitcoin transactions originating from China fell to 10% from 90% of the global total, the country’s central bank said Thursday (March 3). Get the Full...

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China’s X-Border CBDC Ambitions Will Bring Digital Yuan to Broader Global Stage
China’s X-Border CBDC Ambitions Will Bring Digital Yuan to Broader Global Stage
February 08, 2022  |  CBDC

Beyond retail, beyond the confines of its own borders, China is eyeing bringing its central bank digital currency (CBDC) to a broader world stage. Get...

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