Lighthouse issues first DFA transaction in Chinese yuan

Lighthouse launched DFA issuance in foreign currency on December 5, 2022.

Primary

Lighthouse

Amount

$8M

Structure

DFA issuance in foreign currency

Date

December 5, 2022

Sub-sector

Crypto / Digital Assets

Russia's first authorized digital financial asset transaction denominated in yuan, circumventing Western sanctions and reducing dollar dependence.

Primary company

Lighthouse

Counterparty

Not disclosed

Amount

$8M

Event date

December 5, 2022

Sub-sector

Crypto / Digital Assets

HQ

Not disclosed

Structure

DFA issuance in foreign currency

Source published

December 5, 2022

Publisher

Bitcoin.com

Source: news.bitcoin.com