Bitcoin Daily: Bank of China Issues $2.8B Via Blockchain; Brazil Fines Failure To Declare Crypto

Bitcoin Daily: Bank of China; Brazil’s Fines | PYMNTS.com

Bank of China announced that it has issued 20 billion yuan ($2.8 billion) in blockchain-based bonds for small- and micro-sized businesses using its own blockchain platforms. The two-year bond will come to the market with 3.25 percent coupon rate. “We have used our own blockchain-based bond issuance system in the process,” the bank said in the statement, according to CoinDesk.