China's central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency.
A researcher from the People's Bank of China voiced support for yuan-pegged stablecoins in an op-ed published Tuesday.
The Digital Currency Research Lab within China's central bank is expanding to Nanjing to enable wider deployment of blockchain and other fintech.
A blockchain trade finance platform spearheaded by the People's Bank of China has entered the testing phase ahead of an official roll-out.
Five regulatory agencies in China have issued a warning against illegal fund raising and trading activities related to blockchain and cryptocurrency.
Pan Gongsheng, a vice governor of the People's Bank of China, has once more issued strong statements on initial coin offerings.
The continuing efforts by China's central bank to build a fully-featured digital currency product are revealed in its many patent filings.
The man in charge of China's quest to research and deploy distributed ledgers outlines his view on the breakthroughs of bitcoin and potential of DLT.
China's central bank has completed a blockchain-based system that digitizes checks in a move to counter fraud in the country.
Giving up full decentralization could solve many of blockchain's existing problems, says Yao Qian, research director at China's central bank.
The People's Bank of China says cryptocurrencies will be a top priority for the agency this year, in an effort to protect the national currency.
China is still in the process of developing a state digital currency, the chief of a government-funded blockchain research center has said.
PBoC chairman Zhou Xiaochuan said the central bank will one day have a digital currency, though several requirements must be met first.
Star Xu, the founder of Chinese crypto exchange OKCoin, is sparking controversy with remarks his firm may be open to working with the government.
PBoC's governor Zhou Xiaochuan takes aim at cryptocurrency speculation in a press conference on Friday.