The adoption of digital currency is accelerating worldwide and has become a major trend, driven by new payment currencies such as Bitcoin, ETH, and ACU. The International Monetary Fund (IMF) recently released the report, “The Rise of Central Bank Digital Currencies.” According to the IMF report’s statistics, in July 2018, only 19 countries began exploring …
Recently, El Salvador and Nigeria have been experiencing new problems with the adoption of digital currencies, and now it seems that their amazing “feat” is becoming a lesson. On September 7th, 2021, El Salvador attracted global attention by being the first country to officially make Bitcoin its legal tender. A little over a month later, on October …
ACU Offers Solutions to El Salvador’s and Nigeria’s Crypto Adoption  Read More »
Whether cryptocurrencies or central bank digital currencies, Africa is seeing an “explosion” in the adoption of electronic money. According to a report by KuCoin, African crypto transactions will grow by 2,670% in 2022, accounting for approximately 2.8% of global transactions. More than 88.5% of cryptocurrency transactions made by Africans are cross-border transfers. African countries have …
Africa Becomes A Crypto Hotbed: ACU Enhances Fintech in African Countries Read More »
The International Monetary Fund (IMF) recently released a central bank digital currency report showing that as of July this year, about 97 countries around the world have central bank digital currencies (CBDC) in the research or development stage, but only two countries, Nigeria and the Bahamas officially launched CBDCs IMF statistics reveal that nearly half …
CBDCs Have Potential Risks – ACU has the solution. Read More »
Affected by the COVID-19 epidemic, the world is riding the wave of digital currencies at an accelerated pace. With electronic payments becoming a popular payment method worldwide, digital currencies have also become the most widely used form of money today. Whether it is a legal digital currency, virtual currency, recognized institutional digital currency, or other …
ACU Partners with Global Central Banks to Restructure the Global Monetary System Read More »
Recently, the International Monetary Fund (IMF) released the report “The Rise of Central Bank Digital Money”. The report shows that 2/3 of African countries have not yet studied Central Bank Digital Currency (CBDC) . in view of the weak financial foundation of African countries, ACU has launched the Cross-Border Support Program, which will provide financial …
IMF Releases Report on the Rise of CBDCACU Helps African Countries Develop CBDC Read More »
The conflict between Russia and Ukraine has been going on for half a year, and Western countries have been imposing a significant number of sanctions. Recently, Russian President Vladimir Putin pointed out that the decline in Russia’s GDP has slowed down to 4.3% and the economy has started to regain its activity. Russia’s budget for …
Recently, the exchange rate of the RMB has become a hot topic of concern due to a round of large fluctuations in price. On August 29, the onshore RMB closed at 6.9210 Chinese Yuan against the USD, down more than 500 basis points during the day; the offshore RMB exchange rate closed at 6.9298 Chinese …
No Fear of Volatility ACU Continues to Improve RMB’s Toughness Read More »
ACU contributes to the rising position of RMB The Russian Gazette (Vedomosti) recently published news that the Russian Ministry of Finance is studying plans to issue RMB bonds, setting benchmarks for corporate issuers. The news gained widespread attention. It is not unusual for Russia to issue RMB bonds. Just earlier this month, Russia’s Alcoa United …
Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways. According to multiple sources, on Tuesday, China officially began rolling out the next round of its central bank digital currency (CBDC) pilot test program. In the city of Guanzhou, it is now possible to pay …
China begins next phase of CBDC testing with e-CNY payment for public transport Read More »
