Daily Management Review

Central Bank Of China To Impose Crackdown On Virtual Currencies


03/29/2018


The Chinese central bank wants to develop its own digital currency.



A Vice-Governor of Chinese Bank revealed on Thursday, 29 March 2018, that this year the bank will be launching a “crackdown on all types of virtual currencies”.
 
Moreover, the Central Bank is also going to push for taking its own “research and development” on “digital currency” forward, said Fan Yifei’s statement which appeared in the “People’s Bank of China” POBC’s website.
 
References:
reuters.com







Science & Technology

Analysts: Google Search is losing clicks

Microsoft admits wiretapping users

You Can Wear Your New Air Conditioner With Your Clothes

Research: Anonymous data is not so anonymous anymore

French Optic 2000 unveils smart glasses

Tech giants face stricter government regulation in the US

Nestle's Head: Veggie meat is new megatrend

Huawei may introduce Android replacement in August

Are US high-tech investors causing brain drain in Europe?

'Russia's Google' Yandex Was Hacked By Western Intelligence For Spying: Reuters

World Politics

World & Politics

European Social Democrats are losing ground

Hong Kong's richest citizen calls to stop violence and unrest in the city

UK railway operators exit Interrail system

Dozens of British Airways flights canceled or delayed due to computer malfunction

China keeps importing Iranian oil in spite of US sanctions

Marijuana legalization: Did Canada benefit from cannabis boom?

Republicans and Democrats focus on carbon pricing

Iran Hints It May Swap Seized Tankers With The UK