Sentences with phrase «chinese central bank officials»

Bitcoin price took a huge fall on Friday after Caixin, a Chinese financial magazine, reported that Chinese Central Bank officials are working on rules to ban the trading of Bitcoin and all other cryptocurrencies on Chinese exchanges.

The global stock market rout of the past week was sparked by concerns over a possible interest rate rise by the U.S. Federal Reserve and not by the devaluation of China's yuan currency, a senior Chinese central bank official told Reuters on Thursday.

Not exact matches

Chinese officials might be trying to drain liquidity from their economy but the central bank remains fearful of raising interest rates.

Mr. Li, the central bank adviser, and other officials and economists say the Chinese government has the resources to cover big losses if wealth management products fail.

Yao is no the first official from a Chinese regulatory agency to argue that central banks should adopt distributed ledger technology (DLT) but maintain a centralized governance structure.

A mailbox at the Hefei branch of the People's Bank of China, the Chinese central bank, was hacked, and a bogus email was sent from the address, according to an officBank of China, the Chinese central bank, was hacked, and a bogus email was sent from the address, according to an officbank, was hacked, and a bogus email was sent from the address, according to an official.

Although Chinese officials have been putting up a tough face while dealing with ICO activities, rumours says the Central Bank of China is slowly bracing itself to launch it's own state - backed cryptocurrency.

The central bank official gave his views on digital currency during a press conference at the National People's Congress 2018, according to 8btc, a Chinese industry news site.