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Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency


As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central...

While China Is Already Testing CBDC, US's Goal Is 'To Get It Right'


Source: a video screenshot, Youtube/IMF Central banks are still more focused on risks of central bank digital currencies (CBDCs) while they're increasingly cooperating with each other in an attempt to investigate this potentially new form of local and cross-border payments, according to statements...

China Using Blockchain Power to Boost Post-COVID 19 Tourism


The GuanYin of Nanshan statue in Hainan. The Chinese island province of Hainan wants to use a blockchain technology-powered “points” program to boost tourism to the region. The project will operate alongside a recent project that will see Hainan create the nation’s first blockchain free trade...

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