Business

The People's Bank of China will be the first central bank in the world to issue a viable digital currency, while the Libra project from Facebook will fail. This opinion was expressed by Vice Chairman of the China Center for International Economic Exchanges (CCIEE) Huang Qifan, reports Pandaily. Speaking at the First Financial Summit in Shanghai, Huang Qifan emphasized that in the current digital era, methods of calculation between […]

The author of the bestselling book “Rich Dad, Poor Dad,” entrepreneur Robert Kiyosaki in an interview with Bloomberg, said that bitcoin “made a mess” in the US Federal Reserve. “I think it is extremely interesting. They [cryptocurrencies] took over the Fed, one of the most influential banks ever created. And they make a real mess there. It is as if he took upon himself […]