the People's Bank of China

Sources: JD.com and Ant are lobbying the People's Bank of China to authorize yuan-based, Hong Kong-issued stablecoins to promote the yuan and counter USD coins

Sources: the People's Bank of China plans to fine Jack Ma's Ant Group more than $1B as soon as Q2 2023, potentially ending the company's two-year overhaul

Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma's Ant Group, said six sources with direct knowledge of the matter …

China says the People's Bank of China has processed 3M+ transactions in digital yuan, worth ~$162M, as part of its digital currency pilot

Liam Frost / Decrypt :

China says it will expand a pilot program of its digital currency, led by its central bank People's Bank of China, to include a number of large cities

Testing efforts are being led by the People's Bank of China  —  HONG KONG—China's Commerce Ministry said it would expand a pilot program …