China Central Bank planning to issue own digital currency January 21, 2016 - 17:37 AMT PanARMENIAN.Net - The People’s Bank of China (PBOC) announced it is planning to issue its own digital currency to “boost control of money,” RT reported Thursday, January 21. According to the central bank, an expert group was formed in 2014 to examine the possibility, as well as do some digital currency research and experience domestically and abroad. The digital currency could strengthen financial infrastructure and payment systems while enhancing foreign exchange controls for social and economic development of the country, according to the regulator. It added that a digital currency would also help reduce money laundering and simplify the trading process, RT says. Related links:   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news Erdogan wants “realistic road map” for relations with Armenia  Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia.Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements.Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of ArmeniaHenrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |
