People's Bank of China

Bitcoin Bounces Back After Chinese Government Bashing

Perhaps Bitcoin is stronger and more resilient than its critics have suggested, as the virtual currency has seemingly bounced back…

11 years ago

New Chinese Payment Licenses Open Internet Retail To More Companies

The People's Bank of China has published a report saying that it has issued licenses for non-financial institutions to operate…

13 years ago

Chinese Internet Behemoth Plans Retail Banks

Rumors on the Internet revealed that the Chinese B2B e-commerce group Alibaba has set up a commercial bank subsidiary, which…

14 years ago

China's Central Bank To License Online Payment Platforms

According to Ouyang Weimin, the director of the Payment System Department of the People's Bank of China, PBOC plans to…

15 years ago