Latest News and Articles about People’s Bank of China
China’s PBOC Slams Stablecoin Risks: A Threat to Bitcoin and Global Crypto?
China’s PBOC Warns of Stablecoin Risks and Crypto Loopholes: What It Means for Bitcoin and Beyond China’s central bank, the People’s Bank of China (PBOC), has dropped a bombshell at the 2025 Financial Street Forum in Beijing on October 27, with Governor Pan Gongsheng issuing a stark warning about the systemic dangers of stablecoins and […]
Read MoreChina’s PBoC Declares War on Stablecoins, Pushes Digital Yuan Dominance
China’s Central Bank Slams Stablecoins as a ‘Threat,’ Vows Brutal Crackdown China’s unrelenting crusade against cryptocurrencies has sharpened its focus, with the People’s Bank of China (PBoC) branding stablecoins a direct menace to global financial stability. Speaking at the 2025 Financial Street Annual Meeting in Beijing, Governor Pan Gongsheng unleashed a blistering critique, accusing these […]
Read MoreChina’s Yuan Fix Shakes Markets: Is Bitcoin the Ultimate Hedge?
China’s Central Bank Slams the Brakes on Yuan Decline Amid Dollar Surge: A Bitcoin Wake-Up Call? On July 31, 2025, the People’s Bank of China (PBOC) made a striking move to bolster the yuan, setting a daily reference rate at roughly 7.15 per U.S. dollar. This was a far stronger fix than market watchers expected, […]
Read More