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China’s central bank mulls Alibaba, Tencent payment curbs – state media

17

Mar

2014

Chinas central bank is considering regulations that would significantly limit the use of third-party payment systems, including the payment arms of Alibaba Holding Group and Tencent Holdings Ltd. The Peoples Bank of China released draft rules last week to major banks for consultation, state media reported on Monday. They would also heavily limit spending by […]

Category CA Technologies Tech Written by Yahoo 0 Comments

Cyberattack Launched Against People’s Bank of China amid Rumors of Bitcoin Ban

18

Dec

2013

Earlier this week, rumors emerged about the Peoples Bank of China (PBOC), the countrys central bank, planning to ban payment companies from working with Bitcoin exchanges. CoinDesk, which first reported on the story, was informed of the PBOCs intentions by Bobby Lee, the CEO of Bitcoin exchange BTC China. Now, a cyberattack has been launched […]

Category Security Written by Softpedia 0 Comments

Bitcoin banned from Chinese banks amid fears of laundering

05

Dec

2013

Chinese regulators have banned financial institutions from using Bitcoin, warning that the virtual currency could be used for illegal activities and speculation. Chinas central bank, the Peoples Bank of China, announced the decision in a statement released Thursday, though it stopped short of banning Bitcoin altogether. Individuals are still free to use the digital currency in […]

Category Tech Written by The Verge 0 Comments

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Posts Tagged ‘Peoples Bank of China’

China’s central bank mulls Alibaba, Tencent payment curbs – state media

Cyberattack Launched Against People’s Bank of China amid Rumors of Bitcoin Ban

Bitcoin banned from Chinese banks amid fears of laundering

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