Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,403,580,981,183.68
  • 24h Vol: $57,046,060,596.88
  • BTC Dominance: 56.54%

Chinese Yuan

russian-bank-issues-bank-guarantee-in-chinese-yuan-using-blockchain

Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain

Leave a Comment / Bank, bank guarantee, Bitcoin, Blockchain, blockchain technology, China, chinese, Chinese Yuan, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, Finance, Masterchain, MKB, ruble, Russia, russian, russian ruble, Yuan / / / , , , , , , , , , , , , , , , , ,

A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payments is growing. MKB Employs Bank of Russia’s Masterchain to Issue Bank Guarantee in Yuan Moscow Credit Bank […]

Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain Read More »

sberbank-analyst’s-editorial-delves-into-the-‘tremendous-potential’-of-a-brics-reserve-currency-fueling-de-dollarization

Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization

Leave a Comment / Bitcoin, brics, BRICS national currencies, Chinese Yuan, commodity, Crypto Hacked, Cryptocurrency, currency market, de-dollarization, Economics, Elena Fabrichnaya, Energy, Ethereum, Federation Assembly, international financial system, Legislation, national currencies, OIL, parliamentary forum, R5 currency, Rand, real, renminbi, reserve currencies, reserve currency, ruble, rupee, Russia, Russian International Affairs Council, Sberbank, Settlement, summit, US Dollar, Valentina Matvienko, Vladimir Putin, Yaroslav Lissovolik / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar dependence by purchasing the Chinese yuan on foreign exchange markets. Roughly around the same

Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization Read More »