Digital Currency Update

Article

Digital Currency Update

The People’s Bank of China said that more than 140 million people have digital yuan accounts, and that 62 billion yuan ($9.5 billion) worth of total CBDC transactions have been processed. Mastercard partnered with three digital-asset platforms to facilitate card issuing and crypto-to-fiat conversion. Amber Group in Hong Kong, Bitkub in Thailand and Coinjar in Australia will be able to issue credit, debit and prepaid cards for use on the Mastercard network. ACI Worldwide partnered with RocketFuel, a payment processor, to offer crypto acceptance at merchants with no processing fees.Social medi...

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Nilson Report

1208

November 2021

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