On November 28, 2025, the People’s Bank of China (PBOC), in collaboration with over ten government departments (including the Ministry of Public Security and the Central Cyberspace Affairs Commission)
Read MoreOn November 28, 2025, the People’s Bank of China (PBOC), in collaboration with over ten government departments (including the Ministry of Public Security and the Central Cyberspace Affairs Commission)
Read MoreChina's central bank, the People’s Bank of China (PBOC), led by Governor Pan Gongsheng, is committed to maintaining a strict crackdown on domestic crypto activity and speculation.
Read MoreDespite a 2021 ban on cryptocurrency trading, China's over-the-counter (OTC) crypto market continues to flourish. A new report from Chainalysis reveals that these platforms have seen significant inflows of $20 billion per quarter on average through June, totaling $75.4 billion for the nine months.
Read MoreBitcoin (BTC) saw a decline to $62,700 after hitting a near one-month high of $64,500, coinciding with China’s latest economic stimulus measures. The People's Bank of China (PBoC) cut the reserve requirement ratio for banks by 50 basis points and reduced the seven-day reverse repo rate to 1.5%.
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