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Tag: bonds

# Chinese banking giant withdraws B blockchain bond from listing
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# Chinese banking giant withdraws $3B blockchain bond from listing

Admin6 years ago03 mins

“# Chinese banking giant withdraws $3B blockchain bond from listing ” China Construction Bank’s $3 billion blockchain bond has been reportedly withdrawn following an initial delay. Fusang Exchange, a Malaysian cryptocurrency exchange that was to be responsible for listing the bond, said that it has been withdrawn at the issuer’s request. According to Reuters on Nov….

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#  billion blockchain bond sale delayed ‘until further notice’
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# $3 billion blockchain bond sale delayed ‘until further notice’

Admin6 years ago03 mins

“# $3 billion blockchain bond sale delayed ‘until further notice’ ” The listing of China Construction Bank’s blockchain-based debt issuance bonds has been delayed “at the request of the issuer” until further notice, according to a Nov. 13 statement from the Fusang exchange where they were due to be traded. A block-explorer scan of the…

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# One of the world’s top banks issues bonds that can be bought with Bitcoin
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# One of the world’s top banks issues bonds that can be bought with Bitcoin

Admin6 years ago04 mins

“# One of the world’s top banks issues bonds that can be bought with Bitcoin ” China Construction Bank has partnered with a Hong Kong-based fintech to issue the first-ever blockchain-based digital security issued by a Chinese financial institution. One of the “Big Four” banks in the People’s Republic of China, CCB is ranked the…

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# The next big treasure: Corporations buy up Bitcoin as a treasury reserve
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# The next big treasure: Corporations buy up Bitcoin as a treasury reserve

Admin6 years ago014 mins

“# The next big treasure: Corporations buy up Bitcoin as a treasury reserve ” October is a time for surprises. On Oct. 8, right on cue, mobile payments giant Square, which boasts a market cap of $86.6 billion, announced that it had invested $50 million in Bitcoin (BTC). Five days later, asset manager Stone Ridge…

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#De Blasio’s small steps aren’t enough to fix NYC’s fiscal woes
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#De Blasio’s small steps aren’t enough to fix NYC’s fiscal woes

Admin6 years ago07 mins

“#De Blasio’s small steps aren’t enough to fix NYC’s fiscal woes” Last week, the Moody’s agency slashed the credit rating on New York City’s debt. Just like with your credit score, the lower it goes, the higher an interest rate the city pays, putting us further in the hole. Gotham owes $116.1 billion in various…

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