Major Chinese Bank Selling Bonds Worth $3 Billion for Bitcoin

China Construction Bank, one of the “big four” banks in China, is selling $3 billion in bonds that can be paid for with bitcoin. The bonds will be listed on a regulated Malaysian digital asset exchange.

Beijing-based China Construction Bank (CCB) is selling $3 billion in bonds for bitcoin and U.S. dollars through its unit in Malaysia, the South China Morning Post reported Wednesday. This is the first digital…


Source link

About bitcoin

Check Also

Bitcoin Faces Volatility Rise as Futures Market Shows Signs of Overheating

A metric from bitcoin’s perpetual futures market suggests some traders may have become overleveraged during …

Leave a Reply

Your email address will not be published. Required fields are marked *