closing down

Until the end of this month, Bter cryptocurrency exchange will stop its work
12 October 2017   3399

Trading services of Bter will be stopped before Oct. 20 and exchange will shutdown before Oct. 31.

As noted in the Twitter post, closure is caused by the local policy of China. 

Finally, the administration of the exchange urged users to transfer funds to the exchange and subscribe to its Twitter account.

Bter was a bitcoin-specialized cryptocurrency exchange.

Bank of China to Issue $2.8B Blockchain Bonds

Bank used its own DLT system to issue blockchain bonds
09 December 2019   69

The fourth largest state bank, the Bank of China, has issued two-year blockchain bonds for small businesses totaling $ 2.8 billion.

To issue digital certificates, Bank of China used its own blockchain system.

It is also the first blockchain-based bond issue accounting system in the country.

Bank of China

Securities will go on sale with an interest rate of 3.25% per annum.

Thus, the bank hopes to raise funds to support small businesses in the country. As of September, as part of this initiative, the bank provided loans to small and micro enterprises for a total of $ 57.7 billion.