Current Financial News

China tests ATMs converting digital yuan to cash

    China tests ATMs converting digital yuan to cash

A new test of the digital yuan that China ran recently included ATMs capable of converting digital yuan to cash and vice versa. According to The Block, the test took

0 comment Read Full Article

Russian telecom operators consider developing wallets for the digital ruble

    Russian telecom operators consider developing wallets for the digital ruble

Mobile operators in Russia, Beeline and Megafon, are considering the development of wallets that would link the digital ruble to owners’ mobile numbers. CoinDesk.com reports, citing Russian newspaper Izvestia, that

0 comment Read Full Article

IMVU released its own stablecoin VCOIN

    IMVU released its own stablecoin VCOIN

Users of IMVU in more than 140 countries all over the world can now use its own stablecoin VCOIN, reports Cointelegraph.com. Referring to the company’s announcement, the source says that

0 comment Read Full Article

China’s digital yuan project continues with the pilot of a wallet card

    China’s digital yuan project continues with the pilot of a wallet card

The People’s Bank of China has approved a pilot of a physical wallet card in digital yuan, reports news.Bitcoin.com, citing Tencent News. According to the source, the pilot is taking

0 comment Read Full Article

Turkey is said to pilot its own CBDC in 2021

  Turkey is said to pilot its own CBDC in 2021

Turkey is planning to start the pilot of its own Central Bank Digital Currency (CBDC) in the second half of

0 comment Read Full Article

The central bank of Sweden might soon launch the e-krona

  The central bank of Sweden might soon launch the e-krona

Riksbank, the central bank of Sweden, has taken another step towards the launch of its own CBDC (Central Bank Digital

0 comment Read Full Article

JD.com Is the First to Accept Digital Yuan

  JD.com Is the First to Accept Digital Yuan

JD.com, an e-commerce platform in China, has become the first to accept payments in digital yuan, Reuters reports. A branch

0 comment Read Full Article

The Bank of Korea is looking for a consulting company to boost CBDC pilot

  The Bank of Korea is looking for a consulting company to boost CBDC pilot

According to The Korea Times, The Bank of Korea (BOK) is looking for a consulting firm. The firm will be

0 comment Read Full Article

Central banks want to replace money with digital currency

  Central banks want to replace money with digital currency

The Covid-19 pandemic had a devastating effect on the world economy so far. However, it also changed the way people

0 comment Read Full Article