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Bank of Korea Considering a Cashless Future via Central Bank Digital Currency As noted by Sputnik International, some are concerned that the quick and widespread launch of an official digital currency could undermine and disrupt traditional lenders. The Bank of Korea's announcement also follows a similar declaration in which the financial institution noted that it's currently ...
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CBN: $2.5b currency swap to boost naira liquidity The Central Bank of Nigeria (CBN) on Friday said the $2.5 billion (16 billion Renminbi (RMB) currency swap deal with Chinese government would provide adequate local currency liquidity to Nigerian and Chinese industrialists and other businesses. CBN Spokesman, Isaac Okorafor, disclosed that the ...
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Ripple (XRP) Centered SBI Virtual Currencies 'To Be Number One' Ripple (XRP) is doing pretty well in the markets today. It is up 5.77% in the last 24 hours and is currently trading at $0.904. Hopefully, the coin that is behind the revolutionary change in international payment settlement services, will be able to maintain this value over the weekend. The other top two coins ...
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