Coin

Retail Asia29/11/2021

Vietnamese are rushing to invest in so-called ‘meme coins’, hoping to make a killing but ignoring the huge risks of buying a volatile asset talked up by social media. In the second quarter The Nghia in the northern province of Vinh Phuc invested $20 to buy nearly 100 Dogecoins, a cryptocurrency that has overwhelmed the […]

Retail Asia09/03/2020

Digital payment systems such as Libra and Alipay may eventually weaken traditional tools of monetary policy. In doing a good job, central banks can prevent this from happening though, according to a high-ranking Swiss central banker. The Swiss National Bank (SNB) is currently engaged in a fight against an appreciation of the Swiss franc and […]

Retail Asia05/07/2019

As expected, Facebook announced a brand new cryptocurrency coming in 2020 – Libra. Described as a new digital wallet for new digital currency, the new financial service will allow consumers to keep their cryptocurrency safe, as well as make various transactions. When it launches in 2020, the digital wallet will be available in Messenger, WhatsApp, but also […]

Retail Asia06/10/2016

Deputy Director of the BI Financial Management Department Asral Mashuri in Jakarta, Tuesday 4, 2016, said that Bank Indonesia (BI) is planning on implementing a coin deposit machine to ease people in saving the form of money. “The machine would look like an ATM, but this one is for coins, and the machine can sort out the […]

Retail Asia09/08/2016

Chinese distributor Modern Avenue Group (formerly Canudilo) has decided not to proceed with its purchase of the luxury Excelsior Milano department store. Modern Avenue, which owns sport couture brand Dirk Bikkembergs, has not given a reason for its change of heart. A purchase price of €21.3 million (US$23.7 million) was announced at the end of […]

Retail Asia12/01/2016

MasterCard and secure payments company Coin have teamed up to make the credit card available for buying a wide range of fitness bands, smartwatches and other wearable devices. This collaboration builds upon the MasterCard announcement in October of its Commerce for Every Device program, aimed at enabling any consumer gadget, accessory or wearable to become […]

Tag: Coin

Vietnamese plunge headlong into meme coin market

The Impact of Libra and Alipay on Monetary Policy

Facebook reveals its new digital currency called Libra

BI to Introduce Coin Deposit Machine

Modern Avenue Group cancels Italian store deal

MasterCard to take payments by wearable devices