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El Salvador plans to issue Bitcoin Volcano Bonds in Q1 2024


The long-awaited Bitcoin bonds in El Salvador have gradually come closer to reality as it received regulatory approval to issue Bitcoin bonds in early 2024, according to a popular Bitcoin-powered office’s post earlier this week.  Bitfinex Securities, a regulated subsidiary of the well-known...

City of Basel Settles Tokenized Bonds Using Wholesale CBDC


The Swiss city of Basel recently settled a series of tokenized bonds using a wholesale central bank digital currency (WCBDC) as part of Helvetia III, a WCBDC pilot program. The system is designed to prioritize efficiency, as having on-chain funds bypasses the need for reconciling transactions with...

China’s Digital Yuan Scores Taiwan First with Bond Offering


China’s digital yuan has completed another historic CBDC first, with a Taiwan-based firm “successfully” issuing e-CNY bonds. The offering, an ultra-short-term financing bond, was launched by Xiamen Xiangyu Group (XMXYG), a Mainland Chinese financial firm based in Xiamen that also...

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