Tencent, the Chinese internet giant and owner of WeChat, is reportedly forming a team to explore possible new use cases for cryptocurrencies.
The People's Bank has said blockchain is a solution to trade finance asymmetries in the latest promotion of the tech in China.
Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday.
A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance.
David Marcus, who leads the Libra project, said China will create a digital currency system that could be entirely out of reach for U.S. authorities.
China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies.
The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra.
China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface.
An official at China's central bank has said the institution is nearing the launch of its national digital currency.
China should revamp its plan for a national digital currency in the face of Facebook's Libra cryptocurrency, says the central bank's former head.
China's central bank could hasten development of its digital yuan to counter the threat posed by Facebook's Libra cryptocurrency, an official says.
A research institute under the Chinese central bank has just announced 29 job openings – three of which focus on blockchain-related expertise.
The head of Beijing’s Municipal Bureau of Finance has warned that security token offerings (STOs) are "illegal" in the city.
The People's Bank of China, the country's central bank, is looking to clamp down on airdrops – free distributions of crypto tokens.
The former chief of China's central bank digital currency initiative has left the role to lead the country's central securities clearing house.