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

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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

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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

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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 2021, CoinDesk.com reports. According to the source, the announcement of

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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

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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

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