China Construction Bank to sell bonds worth $3 Billion for Bitcoin


Source: bitcoinethereumnews.com bitcoinethereumnews.com

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Bitcoin Ethereum News China Construction Bank Corporation which is one of the “big four” banks in the People’s Republic of China is reportedly launching the sale of $3 billion worth of debt on a blockchain. The digital bonds can be bought for US dollars or bitcoin and will be listed on a regulated Malaysian digital asset exchange. However, t his would be “the first digital security” issued by a Chinese bank on blockchain tech, according to the Principal officer of the bank’s Malaysian branch, Felix Feng Qi. Chief executive at Fusang Exchange, Henry Chong said in a statement: If this...