The price of bitcoin dropped in trading today on news that the Communist Party of China has further cracked down on the trading of bitcoin and bitcoin mining. The People’s Bank of China said today …
China’s central bank urges financial institutions to crack down on cryptos
The People’s Bank of China urged the institutions to promptly cut payment channels for cryptocurrency trading. They must not provide other crypto-related financial services, PBOC said.
China’s renewed crypto crackdown wipes nearly $300 billion off the market as bitcoin slides
China has stepped up its efforts to rein in the country’s cryptocurrency industry from mining bans to warnings to financial institutions.
China’s $113 Billion Green Bonds Caught In Jumble of Rules
Fund managers are increasingly grappling with fragmented policies in China’s $113 billion green bond market that can make it hard to assess just how much of that money is going to projects to help the …
China’s Economic Reckoning
China, according to this view … In June 2014, the Politburo approved a national fiscal and tax reform plan that, among other things, called for the Finance Ministry, headed by Lou Jiwei, to rein in …
Pakistan PM Imran Khan refuses to condemn China’s Xinjiang crackdown after calling out global Islamophobia
Pakistani Prime Minister Imran Khan refused to condemn the Chinese government’s alleged human rights abuses against the Muslim-majority Uyghur people in Xinjiang in an interview with Axios Sunday.
China’s regulators struggle to sway companies on currency risk
China’s financial regulators are cajoling companies to protect themselves against currency risks as the central bank gradually loosens its reins on the yuan, but are struggling to convince local …
China tells banks to stop supporting cryptocurrency
The value of the cryptocurrency has fallen by around 50% since hitting a record high above $63,000 in April. On Monday, China’s central bank, the People’s Bank of China (PBOC), said it had recently …
Bitcoin price slumps further as China tightens crackdown
Investors wary after authorities in Sichuan ordered bitcoin mining projects to close …
After B’desh, reports surface of Nepal securing Sinopharm doses at $ 10 each
In the alleged footsteps of Bangladesh, another South Asian nation Nepal too has secured China’s Sinopharm doses at $ 10 each, according to media, reports adding fresh controversy to Sri Lanka’s …