Tag: People’s bank of china
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China Issues Official Warning Against Fake Cryptocurrency Schemes
Following what’s reportedly the biggest Bitcoin heist in China, the Government and other major institutions have issued an official warning against fake cryptocurrency schemes. Prompting…
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Renminbi Bitcoin Trading Hits an All-Time Low Since PBoC Ban
China has become a non-factor in the cryptocurrency world. The once leading nation by trading volume now represents less than one percent of the global…
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Yuan Reaches Six-Year Low As Bitcoin Price Soars
The Chinese yuan has been going through its ups and downs in recent years. Ever since the financial crisis hit in 2008, the overall trend…
