WSJ: CCB pulls $3 billion short-term debt sale on blockchain after scrutiny
One of China’s largest banks halted the planned debut of a digital bond on an exchange outside the country, shortly before the security was scheduled to begin trading on Nov. 13.
China Construction Bank decided not to proceed with a sale of up to $3 billion in short-term debt in Labuan, an offshore financial center in Malaysia, after the bank’s role in the deal and the way investors could trade the securities came under scrutiny in China.
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