Beijing is expected to issue new rules for bitcoin trading in China next month as the cryptocurrency’s price on the country’s trading platforms keeps hitting new highs. According to ... Read More
China’s central bank is moving to regulate its domestic bitcoin industry, circulating new guidelines that, if enacted, would require exchanges to identify clients and adhere to banking regulations. Recent ... Read More
Bitcoin plunged by more than $100 in a matter of minutes on Tuesday morning. The cryptocurrency was down about 1.5% at $1,260 a coin just after 6 a.m. ET ... Read More
1.Why has Bitcoin price become volatile again? The short answer to that question is China. On Feb. 9, 2017, Bitcoin price has plunged by more than 9%. The fall ... Read More
Even though China is not a big fan of Bitcoin, they see the merit of digital currencies. In fact, the PBOC has been working on RMBCoin, a national digital ... Read More
PBOC officials tell bitcoin platform to rectify issues Bitcoin surged 120% in 2016 as yuan depreciation quickened Bitcoin extended Friday’s tumble amid concern China will tighten rules on the ... Read More
Decline in exports supports case for further depreciation: ANZ Chinese currency retreats as dollar climbs on Fed rate bets China’s yuan headed for the biggest weekly decline since January ... Read More
Yuan interbank rates in Hong Kong surge before China holidays Monetary authority pumps in $57.7 billion, most since April China’s central bank boosted its cash injections to a five-month ... Read More
The Bank of Russia and the People’s Bank of China want to create a joint platform that would unite gold trading by the world’s two biggest gold buying countries. ... Read More
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