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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.
The European Central Bank will meet today to discuss the current monetary policy and the fate of the quantitative easing program
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
Canada will publish its monthly GDP growth rate at 15:30 MT on January 31.
The famous pharma giant Pfizer is going to release its earnings report on January 28 at 17:00 MT time.
The Bank of England’s interest rate announcement and monetary report will be out at 14:00 MT on January 30.