Finance

Representatives of the People’s Bank of China (PBoC) confirmed their intention to speed up the development of their own digital currency, which, as experts suggest, is likely to replace traditional paper banknotes. This writes the AMBCrypto, citing the statement of the Central Bank of China on August 2. Also, China’s financial regulator noted that it will track the latest trends in the development of virtual currencies – like […]

Facebook CEO Mark Zuckerberg said that the world's largest social network does not abandon plans to launch a digital currency, Libra, and will spend "as much time as it takes" to win over regulators and other interested parties. Zuckerberg made a corresponding statement this week during a conference call with investors on Facebook, during which he tried to reassure […]

The operator of the mobile application for trading stocks and cryptocurrency Robinhood company Robinhood Markets Inc. announced the closure of a round of financing for the E Series, which resulted in an impressive $ 323 million. The company's capitalization then rose to $ 7.6 billion. We're happy to announce a $ 323M valuation. This funding will go towards our mission — democratizing […]