The People’s Bank of China said that China’s cryptocurrency, the digital yuan, will not need a currency basket to keep its value, according to a Monday (Dec. 23) report by Coindesk. Changchun Mu, head of the PBOC digital currency research subsidiary, shared the news at...
A new report has revealed that Chinese importers in Russia are buying up to $30 million a day of tether from Moscow’s over-the-counter trading desks. They then use the cryptocurrency to send large sums back to their home country. “They accumulate a lot of cash...
January 09, 2020
The largest port in Oman, the Port of Salalah, has joined the blockchain shipping platform TradeLens, in an effort to transform into a more digital friendly enterprise, according to a report Wednesday (Jan. 8) by Coindesk. TradeLens will let companies in the supply chain share data about cargoes and other information in real time along […]
December 24, 2019
The People’s Bank of China said that China’s cryptocurrency, the digital yuan, will not need a currency basket to keep its value, according to a Monday (Dec. 23) report by...
July 31, 2019
A new report has revealed that Chinese importers in Russia are buying up to $30 million a day of tether from Moscow’s over-the-counter trading desks. They then use the cryptocurrency...
