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Why G7 Nations Are Raising Strong Concerns for China’s New Digital Yuan Plan?

Finance Ministers of the G7 economies have kicked off the 2-day meeting in London on Friday, June 4. This is the first face-to-face meeting after the G20 meeting in February 2020 n Saudi Arabia. The top things on agenda have been deciding the rules for the working of digital currencies issued by central banks and

Finance Ministers of the G7 economies have kicked off the 2-day meeting in London on Friday, June 4. This is the first face-to-face meeting after the G20 meeting in February 2020 n Saudi Arabia. The top things on agenda have been deciding the rules for the working of digital currencies issued by central banks and

PBOC
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PBOC
Altcoin News

Central Bank of China Bans Crypto Trading For Institutions and Businesses

Three associates of the People’s Bank of China (PBOC), the Chinese central bank has issued a document prohibiting institutions and businesses from engaging in any form of virtual currency transactions. The latest set of regulatory paperwork ban payment service providers and financial institutions from offering any form of service involving cryptocurrency transactions. The three associate

Three associates of the People’s Bank of China (PBOC), the Chinese central bank has issued a document prohibiting institutions and businesses from engaging in any form of virtual currency transactions. The latest set of regulatory paperwork ban payment service providers and financial institutions from offering any form of service involving cryptocurrency transactions. The three associate