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Cryptopolitan
2023-03-02 22:12:22

Russian bank pioneers blockchain-based bank guarantee in Chinese currency

Russian bank pioneers blockchain-based bank guarantee in Chinese currency

Moscow Credit Bank (MCB) has announced the first-ever blockchain-based bank guarantee denominated in Chinese currency, amounting to over 100 million yuan (approximately $144,600). The guarantee was issued via the Masterchain blockchain platform and the Russian national blockchain network, which facilitates digital asset transfers between its participants. However, this marks a significant milestone for the country’s … Russian bank pioneers blockchain-based bank guarantee in Chinese currency Read More »

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