Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates – Bitcoin News

The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections …

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84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan – Bitcoin News

The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central …

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China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic – Bitcoin News

China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the …

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Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan – Bitcoin News

With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, …

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China Issues Digital Currency Guide for Party Cadres – Bitcoin News

Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party …

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US and European Regulators Say Crypto a Priority This Year – Bitcoin News

Several regulators in the U.S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the …

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