headlines

headlines

The People's Bank of China Interviewed Some Banks and Payment Institutions on the Hype of Virtual Currency Transactions

The People's Bank of China issued an official statement stating that in order to thoroughly implement the relevant decisions and deployments of the Party Central Committee and the State Council, implement the spirit of the 51st plenary meeting of the Financial Committee of the State Council, crack down on the speculation of virtual currency transactions such as Bitcoin, protect the property safety of the people, and maintain financial security and stability. Recently, relevant departments of the People’s Bank of China interviewed Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Postal Savings Bank of China, Industrial Bank of China and Alipay (China) Network Technology Co., Ltd. on the issue of banks and payment institutions providing services for virtual currency transaction speculation. Some banks and payment institutions.

Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Postal Savings Bank of China, Industrial Bank, Alipay, etc. have successively issued announcements saying: No institution or individual may use our bank accounts, products, services, and channels for token issuance financing and " virtual currency transactions.

Data: GBTC shares worth 18,100 bitcoins will be unlocked this week

Xunouke cloud chain OKLink data shows that GBTC shares worth about 18,149 bitcoins will be unlocked this week, and the single-day unlock peak is 9,500 bitcoins worth of shares on June 22. After unlocking, GBTC stocks will be able to enter the OTCQX market for trading.

secondary title

central bank digital currency

central bank digital currency

Bank of France Announces Completion of CBDC Experiment with Swiss Crypto Bank SEBA

The French central bank, the Banque de France, is continuing to work on developing a CBDC. On Monday, the bank officially announced the successful completion of its CBDC experiment with major Swiss cryptocurrency bank SEBA.

ECB President Lagarde: ECB will discuss digital euro on July 14

Bank of Israel Has Issued Digital Shekels in Its Internal Pilot Program

Andrew Abir, deputy governor of the Bank of Israel, revealed at a recent meeting that the Bank of Israel has issued the central bank's digital currency, the digital shekel, as part of its internal pilot program. The meeting stated that digital currencies will have a huge impact not only on the payment market, but also on the entire financial market, including the cryptocurrency and blockchain sectors and the banking system.

secondary title

cryptocurrency

cryptocurrency

Digital Currency Group Announces Plan to Purchase $50 Million Grayscale ETC Trust

Grayscale parent company Digital Currency Group (DCG) plans to purchase Grayscale ETC Trust worth up to $50 million. DCG intends to fund the purchase with cash on hand and will make the purchase in the open market at management's discretion pursuant to the rules of the Securities Exchange Act of 1934.

Indonesian top star Luna Maya cooperates with TOKAU to release limited NFT on Binance NFT Marketplace

On June 21, TOKAU, an NFT company headquartered in the British Virgin Islands and with offices in Japan and New York, announced that it will release 10 NFTs in a limited number in cooperation with Indonesian star Luna Maya. Luna Maya is a top star in Indonesia with over 30 million Instagram followers and over 10 million Twitter followers.

Sotheby's to Auction "101.38-Carat Pear-Shaped Flawless Diamond" and Accept Cryptocurrency Payments

Sotheby's announced that it will auction the "101.38-carat pear-shaped flawless diamond" in Hong Kong on July 9 and will accept cryptocurrency payments. Buyers can choose to pay in ether or bitcoin.

Venus, a BSC lending platform, announced that the original Swipe team has withdrawn from operations

According to the official announcement, the original Swipe team gradually withdrew from the operation of the Venus project after the BSC ecological lending platform Venus experienced a bad debt turmoil in May. With the assistance of BSC and the community, Venus has formed a new working group to promote the development, operation and community affairs of the project.

Bit Mining announced that the first batch of mining machines arrived in Kazakhstan

Bitmining announced today that the first batch of 320 mining machines arrived in Kazakhstan, with a total computing power of about 18.2 PH/S. It is expected to be deployed and put into operation on June 27. According to the plan, the second and third batches of a total of 2,600 mining machines are expected to arrive in Kazakhstan before July 1, with a total computing power of about 102.3 PH/S. Based on the company's overseas expansion strategy, the company's other self-owned mining machines will also be shipped overseas in batches.

MicroStrategy purchased another 13,005 bitcoins, now holding more than 105,000 in total

Microstrategy announced today that it purchased approximately 13,005 bitcoins for approximately $489 million, and currently holds a total of more than 105,000 bitcoins.

Massive Bitcoin ATMs Are Being Shipped to El Salvador

Large numbers of Bitcoin ATMs are being shipped to El Salvador. In addition to donated bitcoins, El Salvador has a large number of overseas workers who may use bitcoins to send remittances back home. However, the volatility problem of Bitcoin used for payment is more difficult to solve. Although El Salvador has officially set an exchange fund with a fixed exchange rate, there may be a serious run when it plummets.

Germany's Second Most Read Newspaper FAZ Publishes Full Page Article on Bitcoin

secondary title

Blockchain industry

Blockchain industry

Investment and Financing

Investment and Financing

Digital asset securities company Securitize announced the completion of $48 million in Series B financing, led by Morgan Stanley

Digital asset securities company Securitize announced the completion of a $48 million Series B round of financing led by banking giant Morgan Stanley, with participation from Ava Labs, IDC Ventures, Migration Capital, NTT Data, and Sumitomo Mitsui Trust Bank.

global policy

global policy

Malta Chamber of Commerce refutes FATF allegations of lax regulation of cryptocurrencies

In previous news, the FATF meeting stated that Malta facilitated a large number of cryptocurrency transactions without sufficient supervision. The Business Department of the Malta Chamber of Commerce responded, “It must be reiterated that we regulate the encryption industry to very high standards. The licensing process managed by the Malta Financial Services Authority is very strict and must comply with the Virtual Financial Assets Act and be approved by the Malta Financial Services Authority. Services Authority approval to obtain a license. This ensures that only legal entities operating at a high quality level are approved by the Malta Financial Services Authority and allowed to operate in Malta.”

Indonesia plans to create an encrypted asset exchange by the end of 2021 and will reassess and revise relevant regulations

Indrasari Wisnu Wardhana, head of Indonesia's Commodity Futures Trading Regulatory Agency (CoFTRA), said that the government is currently formulating plans to create a special encrypted asset exchange aimed at developing Indonesia's encrypted asset ecology and related industries. According to him, two companies have so far applied to become crypto asset exchanges, and CoFTRA is evaluating and verifying the requirements they must meet as exchanges.

Ukrainian government revises draft law on "virtual assets" and wants parliament to pass legislation before summer holidays

The Ukrainian parliament has published an updated version of the draft law on "virtual assets". The revised bill requires exchanges to obtain government authorization, disclose their ownership and implement mandatory KYC procedures. The document has been criticized by Ukrainian regulators, but the government wants parliament to pass the legislation before the summer holidays.

The Iranian Ministry of Interior banned the crypto industry group due to various allegations, including violations of its own corporate charter.

Character·Voice

Character·Voice

US SEC Commissioner: Wanting to Implement New Crypto Regulations, We Need to Approve Bitcoin ETP

U.S. SEC Commissioner Hester Peirce has hinted that new crypto regulations may be on the horizon. In an interview, Peirce listed the main aspects of the crypto space that she hopes to address as soon as possible: “There are several different areas where I hope we can provide clarity. One is that I have launched a token safe harbor to clarify the code. Coin distribution events. Then we need clarity on the entities that are regulated, including broker-dealers and investment advisors.”

Former U.S. Treasury Secretary Mnuchin: Many crypto industries should be regulated

According to sources, former U.S. Treasury Secretary Mnuchin said in a speech today that many encryption industries should be regulated.

Head of Facebook Payments: China's Ban on Mining Will Create Favorable Opportunities for Bitcoin Development