Posts Tagged: PBOC


Alibaba’s Jack Ma slams monopoly power as banks introduce new curbs on mobile payments

Alibaba’s Jack Ma slams monopoly power as banks introduce new curbs on online payments

Mobile commerce, online savings funds, and QR code-based m-payments are all under threat in China right now. The People’s Bank of China (P...

  • March 24, 2014
  • at 9:41 pm
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bitcoin china no

World’s largest Bitcoin exchange BTC China no longer accepts Chinese currency, global prices tumble

The world’s largest Bitcoin exchange by transaction volume, BTC China, has announced on its official Sina Weibo account it will no ...

  • December 18, 2013
  • at 7:01 pm
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China Set to Approve Global NFC Standard for Cashless Payments

China looks set to adopt the worldwide NFC standard for contactless payments, in a move that could be a boost to the usage of smartphones fo...

  • September 27, 2012
  • at 8:22 pm
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China's central bank considering tough regulations on online payments

After last week’s clampdown, China reportedly considering tough regulations on online payments

Late last week, the People’s Bank of China (PBoC) moved to curb the rapid growth of online payments by banning in-person payments made usi...

  • March 18, 2014
  • at 12:56 pm
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bitcoin china no

Doubling down, China bans transactions between Bitcoin exchanges and 3rd-party payment companies

Less than two weeks after the government hammer came down on Bitcoin in China, the People's Bank of China (PBoC) has struck another blow.

  • December 17, 2013
  • at 11:27 am
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