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 Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
