New Hampshire became the first U.S. state to approve municipal bonds backed by bitcoin, a milestone that could pave the way for digital assets to enter the $140 trillion global debt market. On Monday, the state's business finance agency, the Business Finance Authority (BFA), approved the...
The city of Quincy, a suburb of Boston, Massachusetts, issued a $10 million municipal bond using blockchain. JPMorgan Chase, the sole underwriter of the tax-free seven-year bond, issued the blockchain using Onyx's private license.