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
Current Financial News
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
The rate of the most popular cryptocurrency in the world has dropped below the level of $ 7000. In May this year the market experienced such a fall for the
The People’s Bank of China has cut the seven-day reverse repo rate. It is used to inject funds into the banking system. The last time the PBC reduced this figure
The People’s Bank of China has cut the LPR rate (which has become the new financial benchmark in the market)
The People’s Bank of China has reported that the country’s foreign exchange reserves have increased and reached the maximum values
