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Capitalization ByteDance shot up over $ 100 billion

According to Bloomberg, the market value of Chinese companies ByteDance, which is the owner of the social network TikTok, has grown at least by one third and exceeded $ 100 billion. Previously, the startup was estimated at 75 billion dollars. Investors valued the company at this level 2 years ago. …

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The Bank of France tested a “digital Euro”

The banking regulator France conducted testing of the digital currency CBDC intended for interbank payments. The project is aimed at banks and institutional clients. The population will not use the CBDC. To explore the possibilities of a pilot project started in March. In mid-may, the Central Bank in the framework …

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In Russia recorded the highest demand for cash

Starting in mid-March in Russia recorded a sharp increase in the demand for cash, while in the last four weeks it reached record levels. Per working day on average from Bank accounts removed 10-50 billion rubles, the statistics of the Central Bank. Thus, on 15 may (latest available statistics), the …

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