Global #People's Bank of China

The People’s Bank of China (PBOC) has announced a major strategic shift for its central bank digital currency (CBDC), transitioning the digital yuan (e-CNY) from mere digital cash to a "digital deposit currency."

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)

Bitcoin (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%.