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Cryptocurrencies: 28734
Markets: 116244
Market Cap: $2,304,664,865,274     
24h Vol: $101,177,912,938
Bitcoin.com 2023-03-02 14:00:46

Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain

Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payments is growing. MKB Employs Bank of Russia’s Masterchain to Issue Bank Guarantee in Yuan Moscow Credit Bank
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