Where is Dogecoin?
Did the era of the Dogecoin, the most famous cryptocurrency, come to its end, or it is just a calm before the storm? Let’s find out!
Tunisia and Afghanistan intend to issue Bitcoin bonds
The major financial institutions of Afghanistan and Tunisia are geared up towards issuing a Bitcoin bond. That’s what Asia Times, Hong Kong-based news outlet informed on April 17.
The chiefs of the two country’s major banks delivered a speech at the annual Spring Meetings of the Boards of Governors of the World Bank Group as well as the International Monetary Fund in Washington in April 8-14. Additionally, Khalil Sediq, Afghanistan’s major bank chief revealed to Asia Times that the bank is about to issue a sovereign crypto bond for the purpose of raising $5.8 billion.
The funds would be utilized for private-sector investment in energy, agriculture, and mining. Aside from Bitcoin, Sediq also mentioned metal futures, in particular, lithium and also stressed that Afghanistan’s mineral reserves are expected to be worth more than $3 trillion.
Additionally, the governor of Tunisia’s major financial institution and also ex-World Bank official, Marouane El Abassi came up with a statement that the major bank is also considering the issuance of a bitcoin bond. Abassi added that Tunisia turned out to be one of the first to issue a crypto asset as well as already implemented payments via a digital system.
In addition to this, Abassi also recommended blockchain, Hyperledger, and Bitcoin as a tool for major financial institutions to withstand money laundering, fight terrorism, manage remittances and also tame grey economies. Aside from that, the article also noted that Uzbek ambassador Javlon Vakhabov told his country doesn’t exclude the development of a Bitcoin bond.
As Cointelegraph informed in September in 2018, Austria’s cabinet also started €1.15 billion of government bonds on the Ethereum public blockchain.
In March, Germany’s justice as well as finance ministries have offered to launch a state-run register to spur the employment of blockchain for e-bonds.
Similar
Bitcoin: down at $40,000; more losses ahead?
The main digital coin erased all the gains done after Elon Musk's February announcement. What are we heading into?
Ethereum: faster than Bitcoin
Ethereum crossed $3000 recently and is aiming at $3500 already. Is it taking over Bitcoin's place?
Latest news
The US Dollar Is Correcting
Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?
Bearish Signal For The USD
XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!
Current Risks for Developed Economies
Oil prices are rising while the US government is on the verge of shutting down. How will it affect the market?
