The bond issuance is part of the country’s effort to support entrepreneurs with more efficient access to capital. As of September, the bank has lent 404 billion yuan ($57.7 billion) to more than 410,000 small and micro sized enterprises, the bank said. Source If You Liked This Article Click To Share 28BBankBlockchainBondsBusinessesChinaIssuesSmallTech CryptoX Portal
The bond issuance is part of the country’s effort to support entrepreneurs with more efficient access to capital. As of September, the bank has lent 404 billion yuan ($57.7 billion) to more than 410,000 small and micro sized enterprises, the bank said. Source
An alleged cryptocurrency pyramid scheme in Uganda has fled after defrauding dozens of victims that invested in and worked for the scheme. Dunamiscoins Resources Limited opened in Masaka last month and started inviting individuals to invest and become part of its “digital currency network,” independent Ugandan newspaper Daily Monitor reports Dec. 5. The firm’s offices closed down covertly just a month after opening, with employees reportedly coming to the office to find it empty. Dunamiscoins required employees to pay to start work A businessman who worked next to Dunamiscoins’ closed…
Following the start of trading platform for selected investors in September, Börse Stuttgart Stock Exchange (BSDEX) has now opened to all interested users with residence in Germany. Börse Stuttgart made its announcement in a press release on Dec., 6. Trading venue open — under certain circumstances First of all, users will have to limit themselves to deposits and withdrawals as well as trading bitcoins against euros. In the future, BSDEX will also list other cryptocurrencies and digital assets like security tokens. Users will have to prove their identity digitally and…
General manager at the Bank for International Settlements (BIS) Agustin Carstens seems to have changed his negative stance towards central bank digital currencies (CBDCs), now stating that such currencies could open up new possibilities. In his speech entitled “The future of money and the payment system: what role for central banks?” published on Dec. 5, Carstens dug into central banks’ approach to emerging technologies in regards to building more efficient and inclusive financial systems. Wholesale and retail CBDCs Carstens said that the introduction of retail CBDCs — which are available…
With markets mixed but mostly down, we’re looking at Deutche Bank’s 2030 crypto call, the movement encouraging an annual bitcoin exchange “bank run”, and Enjin’s Microsoft-fueled rally Source
With markets mixed but mostly down, we’re looking at DeutcheBank’s 2030 crypto call, the movement encouraging an annual bitcoin exchange “bank run”, and Enjin’s Microsoft-fueled rally Source If You Liked This Article Click To Share BanksBitcoinDailyMarketsPlanningRun CryptoX Portal
Bitcoin (BTC) futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the United States Securities and Exchange Commission (SEC), entitling it with the right to offer its shares to institutional investors. According to an SEC filing that came into effect on Dec. 2, the New York Digital Investment Group LLC (NYDIG) is now authorized to offer its shares to institutional investors, including registered investment advisers, their clients, and other eligible investors. For those who intend to invest in the shares, the fund does not put forward a minimum investment requirement.…
Coinbase Card, a crypto-powered Visa debit card from major crypto exchange Coinbase, now supports Dai (DAI), a stablecoin pegged to the United States dollar. According to a blog post on Dec. 6, Dai is the first stablecoin that is available on Coinbase Card, alongside major cryptocurrencies such as Bitcoin (BTC) and Litecoin (LTC). As 1 DAI is equivalent to $1, the addition of the stablecoin to the Coinbase Card aims to allow customers to spend crypto with less volatility, the announcement says. Cointelegraph has requested comment from Coinbase’s team on…
The developers of privacy-centric blockchain Komodo claim that it has created an implementation of its AtomicDEX that runs a full peer-to-peer (P2P) node in the user’s web browser. Komodo developers wrote in a press release shared with Cointelegraph on Dec. 5 that the platform allows for non-custodial cryptocurrency trading through atomic swaps. The company has expanded its AtomicDEX mobile decentralized exchange (DEX) to work in web browsers on all major platforms. Atomic swaps, according to the release, are a smart contract-based technology that enables users to trade digital assets without…