Tag: PBoC
More details are coming to light regarding the PBOC’s press release related to Bitcoin. After the initial announcement sent shockwaves throughout the cryptocurrency community, it appears the bank has …
Bitcoin has always been a volatile currency, although most of those large price swings had quieted down over the past few years. Unfortunately, the price has been dropping all …
The latest Bitcoin rally which started in August of 2016 has been single-handedly crushed by a government backed financial institution, what a surprise right? After the 6 month rally …
Several central banks have shown interest in launching their own digital currencies and People’s Bank of China (PBoC) is at the forefront of this movement. The PBoC recently held …
The People’s Bank of China (PBoC) held a meeting today on digital currencies. The Beijing conference was attended by Zhou Xiaochuan, Governor of the PBoC, and Fan Yifei, Deputy …
