An official at the People’s Bank of China (PBOC), China’s top monetary authority, has called for more robust international management of state-backed digital currencies.
China’s central bank on Wednesday released a set of proposed guidelines to step up antitrust measures in the country’s booming online payments sector.
China is set to expand its digital currency testing programs to more regions and cities, including some of the country’s most developed financial hubs.
The People’s Bank of China (PBOC) is reported to have held a closed-door meeting about closing Bitcoin mines on January 3. Tencent learned from two insiders that the closed-door meeting would not require all Bitcoin mines to shut down, but it would regulate some non-standard mines.