After stepping up enforcing regulations in recent years, China is planning to launch a nationwide crackdown on money laundering, Bloomberg reported. The People’s Bank of...
The People’s Bank of China (PBOC) has published new rules designed to place a cap on bank’s commercial financing operations, while also bolstering risk management...
On Friday (Jan. 7), the People’s Bank of China released its Financial Science and Technology Plan for 2022-2025, which aims to support the growth of...
China’s ongoing crypto crackdown could soon extend into the realm of the metaverse and nonfungible tokens (NFTs). As CoinTelegraph reported Wednesday (Dec. 1), Gou Wenjun,...
La Haus, a property technology company based in Latin America, is now taking bitcoin for home purchases, CoinDesk reported. The purchases will go through on-chain...
China’s Central Bank has penalized 1,436 banks and payment companies and levied fines totaling 1.13 billion yuan — or $176 million — since 2016, the...
Enforcement against technology companies that engage in anti-competitive practices will remain an enforcement focus of the People’s Bank of China (PBoC), central bank governor Yi...
Cryptocurrencies and related transactions are now considered illegal in China, the country’s central bank said Friday (Sept 24) in a statement on its website. The...
In today’s top news in digital-first banking, Blend Labs, Inc. launched its initial public offering (IPO), while the People’s Bank of China (PBOC) is examining...