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3232Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official
https://www.digit.info/regulators-should-heed-crypto-risks-when-innovating-regulation-says-chinese-central-bank-official/
Tue, 04 Apr 2023 03:30:09 +0000https://www.digit.info/2023/04/04/regulators-should-heed-crypto-risks-when-innovating-regulation-says-chinese-central-bank-official/Read more]]>A senior People’s Bank of China (PBOC) official has urged regulators to consider cryptocurrency risks and fraud that could lead to bank failures when innovating regulation. The Chinese official highlighted the recent collapse of U.S. banks that provided services to crypto customers as an example. “The regulation philosophy, technology, and capability must be upgraded to […]
]]>Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities
https://www.digit.info/chinese-economist-urges-government-to-reconsider-crypto-ban-warns-of-missed-tech-opportunities/
Thu, 02 Feb 2023 08:30:06 +0000https://www.digit.info/2023/02/02/chinese-economist-urges-government-to-reconsider-crypto-ban-warns-of-missed-tech-opportunities/Read more]]>An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are “very valuable” to regulated financial systems. Chinese Economist Warns of Missed Opportunities Due to Crypto Ban A former adviser […]
A senior People’s Bank of China (PBOC) official has urged regulators to consider cryptocurrency risks and fraud that could lead to bank failures when innovating regulation. The Chinese official highlighted the recent collapse of U.S. banks that provided services to crypto customers as an example. “The regulation philosophy, technology, and capability must be upgraded to […]
An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are “very valuable” to regulated financial systems. Chinese Economist Warns of Missed Opportunities Due to Crypto Ban A former adviser […]