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PBOC Tag Archive


High-Ranking Chinese Government Official Acknowledges Bitcoin’s Potential

December 15, 2024 by

The use of bitcoin as an accepted form of payment in the Asian market has reached a new milestone.

China Bans QR Code Payments and Virtual Credit Cards… For Now

March 20, 2024 by

China’s central bank, The People’s Bank of China, has effectively banned QR code payments and put a dent in the plans of China's leading internet companies.

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