[ad_1] Full devaluation of Baoshang Bank’s Tier 2 capital bonds will make it more difficult for small and medium-sized banks to replenish capitalSohu Baoshang Bank’s 6.5 billion Tier 2 equity debt was fully written off due to “insurmountable trigger event”Sina View the full report on Google News . [ad_2] Source …
Read More »Big Eastern European Bank Begins Cryptocurrency Trading
[ad_2][ad_1] An Eastern European bank Belarusbank, the largest bank in Belarus, has opened crypto services to its customers in the country, offering consumers options for buying and selling cryptocurrencies. In an accredited report to PrimePress, such services have been made available by a partnership with Whitebird in offering its banking …
Read More »The largest bank in Belarus is reportedly launching the cryptocurrency exchange service
[ad_2][ad_1] Belarusbank, the largest financial institution in Belarus, has reportedly launched a cryptocurrency exchange service. According to a November 12 report from local news agency Prime Press, Belarusbank is launching a service that allows users to trade cryptocurrency using a Visa payment card. As reported, the new service allows you …
Read More »How Ripple is driving blockchain and cryptocurrency education
[ad_2][ad_1] We talk to Ken Weber, Ripple’s Head of Social Impact, about the significant work the software company is undertaking in partnership with academic institutions and bodies such as URI and University College London to promote education on blockchain and cryptocurrencies. Weber also addresses work done by the company’s Ripple …
Read More »China’s leading state-owned bank uses Blockchain to sell $ 3 billion worth of bonds
[ad_2][ad_1] China Construction Bank, one of the nation’s four large state-owned banks, partnered with a Hong Kong-based fintech company Fusang launch the sale of $ 3 billion worth of debt securities using blockchain in hopes of reducing the costs of services traditionally associated with financial intermediaries. The digital bonds, which …
Read More »China Construction Bank will issue blockchain-based offshore bonds
[ad_2][ad_1] China Construction Bank has partnered with a digital exchange to launch an offshore bond that is based on blockchain in a sign of growing interest in the technology from the country’s vast banking system. The deal, which aims to raise up to $ 3 billion in total, will allow …
Read More »Major Chinese bank selling $ 3 billion worth of bonds for Bitcoin
[ad_2][ad_1] China Construction Bank, one of the “big four banks” in China, sells $ 3 billion in bonds that can be paid for with bitcoin. The bonds will be listed on a regulated Malaysian digital stock exchange. The Beijing-based China Construction Bank (CCB) is selling $ 3 billion in bonds …
Read More »The second largest bank in the world to issue $ 3 billion in Bitcoin-tradable bonds
[ad_2][ad_1] China Construction Bank (CCB) leveraged Hong Kong-based digital asset exchange Fusang to issue $ 3 billion worth of debt on a blockchain. According to a report on Wednesday by the South China Morning Post, the tokenized bond certificates will be issued through the branch of the state-owned bank Labuan, …
Read More »Bitcoin and Crypto Brace for a bomb from the European Central Bank
[ad_2][ad_1] Bitcoin and cryptocurrency prices have soared in recent weeks, fueled by a series of positive news and supported by the US election. The price of bitcoin has also risen after central banks around the world, including the US Federal Reserve last month, reported that they are increasingly looking to …
Read More »US Central Bank Plans US Crypto Dollar
[ad_2][ad_1] Ripple CTO, David Schwartz, claims to have a significant amount of funds invested in some cryptocurrencies usually referred to as shitcoin. He said this in a recent post on Quora, answering a generic question asking if anyone had lost funds by trading cryptocurrencies. Ripple’s CTO further revealed that the …
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