While the adoption and use cases of China’s e-CNY are expanding, the digital yuan still only represents 0.16% of China’s monetary supply.
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Cross-Border Payments Using Public Blockchains: Coexistence with CBDCs and a world Beyond SWIFT
The financial landscape is evolving rapidly, with blockchain technology and digital assets taking center stage. In recent years… Continue reading on Medium »
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Russia to Trial Digital Asset Settlements in Foreign Trade
Bank of Russia plans to pilot cross-border payments using digital assets and central bank digital currencies, according to a deputy governor. The top executive believes
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Iran and Russia Talk Crypto Cooperation, Unveil Tool Streamlining Trade in National Currencies
Experts and business representatives from Iran and Russia have discussed the potential uses of cryptocurrencies and blockchain. The two countries are also collaborating on implementing
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Russia and China Carry Out Most Settlements in Yuan and Ruble, Russian PM Mikhail Mishustin Says
The larger portion of payments between Russia and China are now processed using the currencies of the two countries, Prime Minister Mikhail Mishustin revealed. Moscow
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‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says
Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend
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