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Wang Naishui, an economic analyst at Xinhua News Agency, said that from the experience of the United States, the more worried the place, the more it should be made public and transparent, and a more targeted regulatory strategy should be formulated. At present, the industry is still exploring the definition and positioning of digital currency and its relationship with blockchain technology, and the regulatory policies of the United States are also being adjusted. Countries around the world are almost at the same starting line. Many experts believe that because of the huge market size and active transactions, China is in a leading position to some extent. In view of this, some experts suggest that Chinese regulators re-evaluate the development strategy of digital currency and blockchain, strengthen supervision and policy guidance, and seize the opportunities for the next round of technological revolution.
Industry News
Industry News
Square, known as the US version of Alipay, was granted a Bitcoin license (BitLicense) by the New York State Department of Financial Services (DFS) yesterday. The license will allow Square to offer cryptocurrency trading services, including buying and selling bitcoin, to New York residents. As soon as the news came out, Square’s stock price rose by 2.5%, and the price of Bitcoin also rose accordingly, with a maximum increase of 4.5% to $6,793, the highest level in a week. $13 billion.
Binance Backs Startup Accelerator at Malta Stock Exchange
The Malta Stock Exchange announced today that Binance will support its newly launched MSX Fintech Startup Accelerator Programme. According to a statement from the Malta Stock Exchange, the MSX FinTech Startup Accelerator aims to create an ecosystem to nurture and support startups and entrepreneurs in the cryptocurrency space. The accelerator provides services such as in-house accounting, payroll and office space. Besides Binance, Thomson Reuters is also a supporter of the project.
Kenyas First Bitcoin ATM Offers Instant Cash Purchases
Liu Wei, Dean of 360 Innovation Research Institute, participated in the recruitment of Huobi public chain leaders in his personal capacity
According to People’s Daily Overseas Edition, Taiwan’s current ICO fundraising is hot, and Taiwan authorities tend to include it in supervision. Taiwans Minister of Justice Qiu Taisan recently stated that he has invited the Financial Supervisory Commission, Ministry of the Interior, Central Bank, Police Administration and Investigation Bureau to negotiate with other units to strengthen the prevention and control of money laundering. The virtual currency will be included in the management, and the related work is expected to be completed before the APG is held in November this year.
Peoples Daily Overseas Edition: Taiwan intends to include ICO into the scope of supervision
According to People’s Daily Overseas Edition, Taiwan’s current ICO fundraising is hot, and Taiwan authorities tend to include it in supervision. Taiwans Minister of Justice Qiu Taisan recently stated that he has invited the Financial Supervisory Commission, Ministry of the Interior, Central Bank, Police Administration and Investigation Bureau to negotiate with other units to strengthen the prevention and control of money laundering. The virtual currency will be included in the management, and the related work is expected to be completed before the APG is held in November this year.
The Hefei Evening News reported on June 19 that recently, the reporter learned from a press conference of the municipal government that Hefei City, Anhui Province has officially issued Several Policies for Cultivating New Momentum in Hefei to Promote Industrial Transformation and Upgrading and Promote High-quality Economic Development and its implementation rules. Encourage big data companies certified by the municipal level to strengthen business drivers and carry out scene application innovation around smart cities, blockchain, and artificial intelligence. A one-time reward of 200,000 yuan will be given to projects that have been filed at the municipal level and use the core technology of the companys independent intellectual property rights to develop smart city scene application products, and are judged by the expert committee to have completed the research and development and put into operation.
The Financial Services Agency of Japan issued business improvement orders to 5 large virtual currency exchanges including bitFlyer
On June 19, the Financial Services Agency issued business improvement orders to five large virtual currency exchanges including bitFlyer and QUOINE. The large virtual currency exchanges that were ordered to improve their business this time are all registered and registered exchanges based on the corrected fund decision algorithm. Based on the results of the inspection, the Financial Services Agency judged that the management system of these exchanges, including countermeasures against money laundering, was not complete. At the same time, the Financial Services Agency has also adopted a very strict attitude towards its rapidly expanding pre-deposit assets.
The National Bank of Cambodia, the Cambodia Securities and Exchange Commission, and the National Police Headquarters issued a joint statement today, solemnly announcing that all cryptocurrencies that are not licensed by the competent authority to be promoted, circulated, and traded in Cambodia are illegal.
Blockchain application
Blockchain application
Beverly Hills Gatekeeper Auction of $35 Million Roman Mansion May Be the Most Expensive Cryptocurrency TransactionAnnounceBeverly Hills real estate agency Hilton Hyland recently
According to CCN,Brussels Airport launches blockchain app to track cargo shipments
according tofinancialexpressAustralian firm GladAge develops blockchain solution for aged care industry
According to reports, Australian company GladAge has developed a blockchain-based elder care system aimed at solving problems in the elder care service industry. A World Health Organization (WHO) study of 11 high-income countries found that up to 41% of older adults (over 65) reported problems in the nursing profession in the past two years. For example, the lack of a reliable information platform causes information asymmetry between service providers and consumers, and the service quality of employees in the elderly care industry is low.