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| Russian crypto-currency will threaten AML efforts Russia is preparing to issue a government-backed crypto-currency, CryptoRuble. Unlike decentralised crypto-currencies such as bitcoin and Ethereum, there is no mining involved in CryptoRuble – all transactions are recorded via blockchain and verified by a centralised government authority.
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| Chinese police detain seven in multi-billion underground currency scheme A clerk counts Chinese 100 yuan banknotes at a branch of China Construction Bank in Hai'an, Jiangsu province June 10, 2014. — Reuters picSHANGHAI, Nov 23 — Police in southern China have detained seven people in connection with an underground banking scheme involving more than 20 billion ...
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| CNP to raise printing capacity by 4 million pieces NASHIK: The Currency Note Press (CNP) Nashik is planning to expand its capacity of printing currency notes. The CNP Nashik, which is a ... Presently, CNP Nashik is printing around 15 million pieces of currency notes per day in denominations of Rs 200, Rs 100, Rs 50 and Rs 20. It has just stopped ...
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