Search
El Salvador passes landmark crypto bill, paving way for Bitcoin-backed bonds
12.1.2023
The “Digital Asset Issuance” legislation will also create a regulatory body, and establish a legal framework for all digital assets
Coinbase Junk Bonds Further Downgraded by S&P on Weak Profitability, Regulatory Risks
12.1.2023
The agency lowered Coinbase’s credit rating from BB to BB-, a further step away from investment grade
El Salvador Passes Law Paving the Way for 'Volcano Bond'
11.1.2023
The digital asset bill in the Legislative Assembly obtained 62 votes in favor and 16 against
DeFi Protocol Ondo Finance Sets Up Tokenized Corporate Bonds With Over 8% Yield on Stablecoins
11.1.2023
The on-chain funds are directly invested in exchange-traded funds managed by BlackRock and PIMCO
Cryptocurrency Rose Ranks in Popularity as Investment Option in Chile in 2022
10.1.2023
Cryptocurrencies rose in popularity in Chile, according to a survey from global consulting firm Bain & Company. The survey found that crypto is ranked as the third most popular investment asset among Chileans, only behind investment funds, which were the most popular investment option, and real...
Reviewing El Salvador’s Bukele Predictions for 2022: What Went Wrong?
2.1.2023
Nayib Bukele, president of El Salvador and die-hard Bitcoin enthusiast, formulated a series of predictions about the behavior of bitcoin and the crypto ecosystem for the past year. These included the top price of bitcoin, the influence of the cryptocurrency on U.S. elections, the issuance of...
‘Everything bubble’ bursts: Worst year for US stocks and bonds since 1932
30.12.2022
While the crypto markets have taken a bashing in 2022, it hasn’t exactly been rosy for US stocks, bonds and real estate either
Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto
26.12.2022
The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other investment...
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
20.12.2022
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 to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to hold off on raising benchmark interest rates,...
Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning
13.12.2022
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 of its recently issued 2023 Global Outlook report, Blackrock states that a new economic playbook is required in a world...
Goldman Sachs Is Trying to Make Blockchain Bonds Happen
11.12.2022
The killer app won’t come from private, permissioned blockchains used to settle bond placements by huge, multinational investment banks. Crypto Long & Short is CoinDesk's weekly newsletter featuring insights, news and analysis for the professional investor
Crypto Markets Today: BlockFi Files for Bankruptcy Protection, MakerDAO Rejects $500M Proposal to Invest in Bonds and BTC Slides
28.11.2022
Crypto prices dived amid continued market contagion triggered by the FTX collapse earlier this month. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
MakerDAO Community Rejects CoinShares Proposal to Invest Up to $500M in Bonds
28.11.2022
The largest decentralized lending protocol MakerDAO previously approved a plan to invest $1.6 billion with Coinbase Prime for an annual yield of 1.5%, but this latest plan didn't fly
Tokenized government bonds free up liquidity in traditional financial systems
28.11.2022
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’
26.11.2022
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 created a National Bitcoin Office (ONBTC). The report says the entity was created via Decree No. 49, which...
Bukele's government introduced a bill to launch the 'Bitcoin bonds'
23.11.2022
A new bill confirms the government’s plan to raise $1 billion and invest them into the construction of a “Bitcoin city.”
El Salvador Proposes Digital Securities Bill, Paves Way for Bitcoin Bonds
23.11.2022
The legislation paves the way for the issuance of El Salvador's "volcano bonds" expected to raise $1 billion for the government
Bitcoin Price and Ethereum On The Rise, El Salvador to Issue Bitcoin Volcano Bonds
23.11.2022
On November 23, the leading cryptocurrency, Bitcoin, showed signs of new recovery, having broken through the downward trendline and 50-day moving average to trade near $16,500. Similarly, Ethereum, the second-most valuable cryptocurrency, has followed Bitcoin's lead and pumped over 5%...
Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto
21.11.2022
High bond yields are reflective of sharply higher rates as well as skepticism about the long-term viability of crypto amongst institutional investors, one investor said
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year
6.11.2022
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 reserves into a Blackrock-managed fund that’s registered with the U.S. Securities and Exchange...