Category: People’s Bank of China

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Scammers Sending Fake Emails to Spread Cryptocurrency FUD

The crypto sphere is certainly no stranger to cryptocurrency FUD. Social media platforms and groups are awash with the stuff, so much so that it is becoming increasingly harder to find any reliable information on them. In the...

China Censors Cryptocurrency Ads on Search Engines and Social Media

Hong Kong-based media have reported that the country’s major search engines and social media networks do not appear to be presenting paid adverts for products or companies associated with bitcoin and other cryptocurrencies. Reports have alleged that the...

South Korea Discusses Cryptocurrency Policies With China’s Central Bank

The South Korean Minister of Strategy and Finance has met with the governor of the People’s Bank of China to discuss and share economic policies including cryptocurrency countermeasures. While China has imposed strict regulations on cryptocurrency trading, including...

Confusion Grows Surrounding Official Chinese Position Regarding Bitcoin Mining

In recent days a number of conflicting reports have surfaced pertaining to the stance of China’s government with regards to bitcoin mining. Last week, Bloomberg reported that the People’s Bank of China (PBOC) had met to discuss curbing...