Tag: People’s bank of china

China has taken another step in advancing its state-backed digital currency by launching a digital yuan operations hub in Shanghai. The new centre will focus...

The People’s Bank of China (PBOC) has revealed it will begin quarterly assessments of the green finance performance of 24 major Chinese banks starting 1 July this year.

Three Chinese associations have called for a complete ban on financial institutions and payment firms providing cryptocurrency services to customers.

The China Banking and Insurance Regulatory Commission (CBIRC) has issued new ownership rules for unlisted Chinese banks, which now have until the end of June 2020 to comply with them.

The People’s Bank of China (PBOC) is reportedly looking to improve its cross-border cooperation with countries around the world to combat money laundering.