Tag: china construction bank

Dec 24 2020

Crypto China: Construction Bank in China Launches First Insurance Policy Paid in Digital Currency

Dec 24 2020 Published at Coingape under tags  btcbrl btcbusd btcgbp btcjpy btcrub

China Construction Bank, one of the largest banks in China has started a new use case for the country's much talked about digital yuan by issuing the first insurance policy completely paid in the national digital currency. The digital yuan settled insurance policy was launched in association with ZhongAn Online P&C Insurance. Local media reports The post Crypto China: Construction Bank in China...

Nov 23 2020

Breaking: China Construction Bank Withdraws Proposal for Listing $3Billion Blockchain Bond

China Construction Bank which made headlines a couple of weeks ago after it announced its plan to list $3 billion in blockchain bonds has now withdrawn its proposal after initial listing delays. Malaysian cryptocurrency exchange Fusang was selected as the issuer of the ERC-20 blockchain bonds, who revealed that the issuer has requested to withdraw The post Breaking: China Construction Bank Withdraws Proposal...

China Construction Bank Pulls Planned Listing of Bitcoin-Tradable Bond

The "Big Four" Chinese bank has suspended the listing of a $3 billion bond issuance that was intended to be tradable for bitcoin and U.S. dollars.

Nov 19 2020

Bank in China Uses Blockchain To Sell $3 Billion in Debt

China is known for its harsh stance on Bitcoin. However, that does not stop its banks from taking advantage of it and its underlying technology, blockchain. According to the...

Nov 12 2020

China Construction Bank Selling $3 Billion of Bonds for Bitcoin

China Construction Bank, one of the major banks in China, is selling bonds of $3 billion for bitcoin. The bonds will be listed on a standardized Malaysian crypto exchange. China Construction Bank...

Nov 11 2020

World’s Second Biggest Bank to Issue $3B in Bonds Tradable for Bitcoin

China Construction Bank will issue the debt securities over a blockchain, with trading to be available against bitcoin and U.S. dollars via an exchange partner.

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