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Latest cryptocurrency news and articles about pboc. Stay updated with developments, analysis, and insights.
BitMEX founder Arthur Hayes credits Trump, Xi monetary policies for BTC bull run
Arthur Hayes has declared that the rise of Bitcoin today has less to do with its programmed halvings and more to do with what Donald Trump and Xi Jinping are doing with their currencies right now. In ...
Asia markets advance on global tech optimism, China rallies while Hong Kong lagged by HSBC news
Asia stocks trade higher on Thursday tracked gains on Wall Street overnight, which were driven by optimism over artificial intelligence ( AI ), which drove significant buying into chip making and rela...
China addressing US criticism, plans to drop WTO developing country claim
China has announced it will no longer claim benefits reserved for developing countries in World Trade Organization (WTO) negotiations. The concession comes years after Washington started probing the c...
Gold breaks records above $3,830, up 10% in September
Gold blew past $3,830 an ounce today, its highest price ever, and it’s already up over 10% in September alone. The spike came as China ramped up its ambition to be the new home for sovereign gold rese...
Fed expected to get a breather after months of inflation pressure
The Fed is expected to get a breather after months of inflation pressure, as its preferred inflation gauge likely slowed down last month. The personal consumption expenditures index, excluding food an...
China's yuan climb sets the stage for emerging-market currencies rally
China tightened the leash on its currency and let the yuan rise sharply against the dollar on September 9, signaling what looks like a new phase in Beijing’s foreign exchange playbook. The People’s Ba...
China advances dollar challenge campaign with tighter grip on cross-border yuan deals
China’s central bank introduced new rules to oversee cross-border yuan deals between banks and boost the yuan’s use abroad, aiming to steady money flows and support offshore markets. In a notice outli...
Former PBOC governor Zhou Xiaochuan warns against China adopting stablecoin
China’s former central bank governor has warned against the recent growing wave of support for stablecoin adoption in the country. Zhou Xiaochuan has expressed his skepticism over the advantages that ...