china construction bank

China’s CCB withdraws $3B blockchain bond to be listed on Malaysian exchange

In a development that has taken many in the community by surprise, a blockchain bond worth $3 billion has been withdrawn from a Malaysian crypto-exchange, according to a recent report. The bond in question was arranged by a China Construction Bank Corp (CCB) unit using blockchain technology. In fact, it was reportedly withdrawn at the...
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PBOC’s Crypto Is Being Built Secretly with Restricted Access

A devoted team of the PBOC’s Digital Currency Research Lab is currently setting up its digital currency system in a restricted environment aiming to launch it before Facebook’s Libra enters the market. After Facebook unveiled the white paper for its Libra Project in June, the People’s Bank of China (PBoC) got working. The PBoC is...
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