Metaplanet to Buy More Bitcoin via 0% Bond Issuance

Japanese financial firm Metaplanet is preparing to acquire another batch of Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B with a new debt offering. The company plans to raise $50 million through zero-interest bonds to boost its Bitcoin holdings. Notably, the firm said it has secured Evo Fund as the sole subscriber to the proposed bond issuance. Terms of Metaplanet’s Latest Bond Issuance The company announced the private placement of bonds on May 28, stating that the bonds are issued in $1.25 million…

SEC Chair Pushes Clear Crypto Rules for Trading, Custody, and Issuance

The SEC is unleashing a new crypto era, vowing to ditch regulation-by-enforcement in favor of bold, crystal-clear rules that supercharge onchain innovation and market growth. SEC Chair Commits to Ending Policy by Enforcement With Clear Onchain Crypto Regulations U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins detailed his ambitious agenda for crypto asset […] Source BitcoincryptoexchangeExchanges CryptoX Portal

SOL Strategies raises $500M in convertible notes issuance to buy Solana tokens

SOL Strategies, a Canadian investment company, issued $500 million in convertible notes to buy and stake in Solana (SOL) tokens. The $500 million issuance was made to a singular investor, ATW Partners, a New York-based investment firm. The company provides growth equity and structured capital to companies across public and private markets, a spokesperson for SOL Strategies told Cointelegraph. A spokesperson for SOL Strategies said the company is focused on building institutional-grade infrastructure for Solana, rather than reacting to short-term price volatility. According to an April 23 announcement, the yield…

Ethena Fined €600K by German Regulator and Ordered to Reverse USDe Token Issuance

Ethena GmbH has been ordered by the German Federal Financial Supervisory Authority (BaFin) to wind up its business related to the issuance of its USDe tokens. BaFin revealed it found serious deficiencies in Ethena GmbH’s operations during the authorization procedure and imposed sanctions, leading to the requirement for the company to reverse its USDe token […] Source CryptoX Portal

Metaplanet Continues Bond Issuance for BTC Buys

Japan’s Metaplanet has issued more zero-interest bonds as the listed company looks to asquire more bitcoin (BTC). The company said today in a notice to shareholders that it issued 2 billion yen ($13.4 million) in zero-interest ordinary bonds for buying BTC, with Evo fund once again acting as the sole bondholder. These bonds carry no interest and will be redeemed in full on Sept. 17. These bond issuances are a regular occurrence for the listed company as Metaplanet continues to increase its bitcoin reserves, taking advantage of cheaper pricing brought…

Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Investment

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Michael Saylor, co-founder and chairman of Strategy (formerly Microstrategy), is intensifying efforts to acquire Bitcoin (BTC) by tapping into capital markets, announcing plans to issue up to $21 billion…

Bahrain’s Central Bank Set to Unveil Stablecoin Issuance Rules

Bahrain’s central bank is developing regulations for stablecoins to reduce transaction costs and increase financial access. Making the Digital Asset Space Safer Bahrain’s central bank is drafting regulations on stablecoin issuance, the Middle Eastern country’s Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa recently disclosed. Once enacted, the stablecoins are expected to […] Source CryptoX Portal