The Venezuelan Foreign Minister, Yván Gil, reported on Tuesday that they are working together with the Russian central bank to create an alternative financial system for international payments.
According to Gil, the objective is to find an alternative to the global Swift system, which works with…
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international payments
People’s Bank of China works on its digital currency
Wang Xin, head of the PBoC's research office, confirmed the news at a recent event and offered details on the considerations of Facebook's initiative to boost its own digital currency.
Xin believes that when it comes to making…
JP Morgan Chase will have its own cryptocurrency
After trying to stay out of financial evolution, the US banking giant JP Morgan Chase announced the launch of its own cryptocurrency.
This was indicated by the CNBC media, who explained that this perplexed many because in the past the…
Thailand to use blockchian for international payments
The opening of governments and banking institutions towards cryptocurrencies and decentralized technologies has boosted economic growth. In this regard, the Bank of Thailand is studying the application of blockchain in its international…