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Bank of China issued $ 2.8 B in bonds for small businesses that use technology Blockchain
The bank of China announced Friday that it completed the pricing and the issuance of the bonds for the first period of this week and the bonus to two years will hit the market with a coupon rate of 3.25%, according to a press release. The bank aims to raise funds to support these businesses. “We have used our own system of issuance of bonds based on blockchain in the process,” said the bank in the statement. “This is also the first system of registration of bonds issue based on blockchain in the country.” The bank used its own system blockchain to issue digital certificates that prove the ownership, form groups of insurers, and documented proof of transactions.
Coinbase now supports DAI
The card Coinbase, a Visa debit card with cryptographic technology of the main cryptographic exchange Coinbase, is now compatible with Dai ( DAI ), a stable currency pegged to the dollar of the united States. According to a blog post, Dai is the first stable currency that is available in the card Coinbase, along with the main cryptocurrencies as Bitcoin (BTC) and Litecoin (LTC). As 1, DAI is equivalent to $ 1, the addition of the stable currency to the Card, Coinbase aims to allow customers to spend a cryptography with less volatility, says the announcement.
Pyramid scheme of cryptocurrencies in Uganda flee after defrauding dozens of victims
An alleged pyramid scheme of the cryptocurrencies in Uganda has absconded after defrauding dozens of victims who invested and worked for the schema. Dunamiscoins Resources Limited opened its doors in Masaka last month and began to invite people to invest and be part of their “network of digital currency”, reports the independent newspaper Uganda Daily Monitor, 5 December. The offices of the firm were closed in secret, only a month after the opening, according to reports, the employees went to the office and found it empty. According to reports, a business man who worked next to the closed offices of Dunamiscoins said that he was persuading people to join his company by promising a return of 40% of the investment in cash. According to the witness, the company apparently was working with money transfer companies in the city to recruit new people to the plan.
Manager of the Bank of International settlements shows new stance by the CBDC
General manager, Bank for International settlements (BIS), Agustin Carstens, seems to have changed its posture and negative to the digital currencies (CBDC) central bank , now stating that such coins could open up new possibilities. In his speech entitled “The future of money and the payment system: what role for central banks?” Posted on December 5, Carstens deepened in the approach of the central banks of emerging technology in relation to the construction of financial systems more efficient and inclusive. Carstens said that the introduction of CBDC retailers, that are available to the general public, including businesses and consumers, could lead to serious changes in the financial sector to open up new possibilities in terms of the availability of payments 24/7, varying degrees of anonymity and transfers between peers. The following two tabs change content below. Venezuelan, student of the last semester of Social Communication. Attracted by the new technologies and the development that they offer to humanity.