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World Bank Issues First Blockchain Bond: An 'Important Moment' For Digital Asset Class
Tuesday, October 24, 2023 - 4:55pm | 605Euroclear announced the successful settlement of its inaugural digital note, a World Bank offering on the Luxembourg Stock Exchange, which amassed 100 million euros ($106 million) dedicated to sustainable development initiatives. In connection with this, it's worth noting that discussions about...
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Silicon Valley Bank Could Have Ruined The Cannabis Industry: Here's Why
Friday, March 24, 2023 - 4:42pm | 977With marijuana being classified as a Schedule I drug under federal law, state-licensed cannabis businesses are cut off from accessing capital financial institutions such as banks. This leads to the question of how economic storms like the one caused by the recent failure of Silicon Valley Bank, a...
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Another Financial Giant Will Stop Supporting Cannabis Stocks
Tuesday, December 13, 2022 - 1:33pm | 565Starting January 2023, Euroclear will reportedly no longer support trades of cannabis stocks. One of the world's largest financial clearing houses collaborating with the majority of the 50 largest banks worldwide, informed investors about its decision last week, reported BusinessCann. UK...
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Digital Currencies Could Completely Transform Global Markets
Friday, June 10, 2016 - 2:21pm | 361There has been a lot of talk in recent years about Bitcoin and the potential of digital currencies. So far, very few banks and countries have made much actual progress in creating digital currencies, but Bloomberg’s Christopher Langner believes that Misubishi UFJ Financial Group Inc (ADR) (...