Romania's Finance Ministry raised RON800 million from banks on Monday (July 21), selling government paper, at an annual average yield of 7.31%.
Michael Saylor’s Strategy made a fresh $739.8 million investment in Bitcoin last week, with total holdings now reaching 607,770 BTC. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued stacking Bitcoin last week as the cryptocurrency surged past $122,000 for the first time on July 14. Strategy acquired 6,220 Bitcoin (BTC) for $739.8 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday. Strategy’s new Bitcoin purchases were made at an average price $118,940 per coin, with BTC starting the week at historic levels above $122,000 before dropping to an intraweek low of $116,000 and consolidating at around $118,000, according to CoinGecko. Read more
The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of renewable energy in Romania with a EUR90 million loan to ENGIE Romania, one of the country’s leading energy suppliers and distributors.
Chinese blockchain Conflux launched Conflux 3.0 network and unveiled a new offshore yuan-backed stablecoin targeting “Belt and Road” cross-border payments. Chinese blockchain Conflux announced a third version of its public network and introduced a new stablecoin backed by offshore Chinese yuan. According to a report from the Shanghai municipal government on Sunday, Conflux announced the developments during a three-day conference over the weekend. At the event, Conflux unveiled a partnership with fintech firm AnchorX and information technology security firm Eastcompeace to support the launch of an offshore yuan-backed stablecoin. The news follows AnchorX receiving in-principle approval for its yuan-pegged stablecoin AxCNH by Kazakhstan’s regulator, the Astana Financial Services Authority, in late February. It is unclear whether Conflux’s stablecoin is AxCNH or a separate project, and the involved companies had not responded to Cointelegraph’s inquiries by publication. Read more