Bitcoin News

Story: Second largest bank selling 3 billion USD worth bonds for BTC

By Sydney TheCMO

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Bitcoin has long faced  criticism from the mainstream financial world since its inception.

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As per the sources, the CCB has recently started selling 3 billion USD worth bonds which accept Bitcoin payments, added to USD payments.

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CCB’s recent BTC activity certainly marks a historic moment for the Bitcoin community and the cryptocurrency industry overall.

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“It’s a great moment for the crypto community to know that such an esteemed financial institution like CCB has started accepting BTC payments for its latest bonds.

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Per the market reports, CCB deliberately adopted blockchain issuance this time with the mission to lower down costs usually associated with the financial intermediaries.

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It’s to stress here, bonds are major tradable debt securities which are issued by a company or the government to support the spending obligations.

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China Construction Bank is on its way to lower down the barrier for the small to medium scale investors by offering certificates at as low as $100. It will offer a solid .

The Currency Analytics

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