News by results: Bank of China

PBoC's Digital Currency Chief Departs to Lead Securities Clearing House

The former architect of China's central bank digital currency (CBDC) initiative has left the position to head the country's central securities clearing house.

China's Central Bank Warns Investors of ICO, Crypto Risks

China’s central bank, the People’s Bank of China (PBoC), has today, September 18, issued a new public notice “reminding” investors of the risks associated with Initial Coin Offerings (ICOs) and crypto trading.

Banking Giant Trials Blockchain for Issuance of Land-Backed Loans

The Agricultural Bank of China (ABC), one of the world's largest banks by total assets, has completed the issuance of a loan worth $300,000 using a blockchain system.

China Says It Has ‘Safely’ Shuttered ICOs, Cryptocurrency Exchanges

Chinese financial authorities, including the central bank and other regulators, are ramping up their broad crackdown on illegal fundraising activities.

PBoC Governor Blasts 'Explosive' Cryptocurrency Speculation

The governor of China's central bank struck a critical tone on cryptocurrency speculation during a media appearance on Friday.

Member Of China’s Main Political Advisory Proposes National Crypto Trading Platform

A member of China’s top political advisory board has proposed the creation of a national cryptocurrency exchange and other regulatory systems at one of the two annual sessions of China's top legislative and advisory bodies, local news outlet Lie Yun Wang reported on March 3.

Bank of China Moves to Patent Blockchain Scaling Solution

Bank of China, one of the four largest state-owned commercial banks in the country, has filed a patent application for a process it says is better able to scale blockchain systems.