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Facebook’s Libra Concept Will Impact Cross-Border Payments: Ex-PBoC Chief

News A former governor of the People’s Bank of China (PBoC) has indicated that Beijing may delegate the issuance of digital currency to commercial entities, the Hong Kong-based South China Morning Post newspaper reported on July 11. Zhou Xiaochuan, who stood down as head of the central bank in 20..

Vanuatu Extradicts Six Chinese Citizens Allegedly Involved in Crypto Scheme

News Vanuatu, a Pacific Island country, has extradited six Chinese citizens to the mainland, according to a report by Odaily Planet Daily on July 10. The suspects were reportedly arrested in the course of an ongoing investigation of the PlusToken cryptocurrency platform which, according to the Ya..

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