European banks launch ‘sustainable’ blockchain platform for digital bonds
The platform makes the first use case of a so-called “Proof of Climate” blockchain protocol.
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MakerDAO passes proposal for $750M increase in US Treasury investments
The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure.
Crypto Biz: Celsius, FTX feel investors’ wrath as lawsuits multiply
Celsius creditors have filed a proposal to sue Alex Mashinsky, while creditors of FTX are turning their attention to the exchange's venture backers.
Hong Kong issues HK$800m in tokenized green bonds
The bonds were underwritten by four banks and priced at a yield of 4.05%.
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise…
Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning
Blackrock, one of the largest asset management companies in the world, has warned that 2023 will be a year of recession different from other recessions in the past. As part…
Tokenized government bonds free up liquidity in traditional financial systems
There are a number of benefits associated with tokenized government bonds, yet adoption may take time.
El Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’
After the Salvadoran president Nayib Bukele revealed the country would buy a single bitcoin every day, a report published by Torres Legal details that the government of El Salvador has…
Bukele’s government introduced a bill to launch the ‘Bitcoin bonds’
A new bill confirms the government’s plan to raise $1 billion and invest them into the construction of a “Bitcoin city.”
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC…