| Reuters: Coinbase's 2018 global revenue is about $520 million; Binance Chain will open access

Dave

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2019-04-19 00:24

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Coinbase’s revenue in the UK rose 20 percent to 153 million euros ($173 million) last year

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Coinbase’s revenue in the UK rose 20 percent to 153 million euros ($173 million) last year

headlines

The G20 summit will be held in Osaka, Japan on June 28 and 29. The participants are 19 member states, the European Union, guest countries and some international organizations. Several standards-setting bodies have provided resources to help the G20 develop encryption policy, and countries are expected to agree on new encryption-related regulations at the summit. (Bitcoin.com)

digital currency

Binance announced that Binance Chain (Binance Chain) is now launched and will be open for access on April 23, 2019. At 10:00 am (Hong Kong time) on the same day, BNB deposits and withdrawals will be closed, and the main network will be switched.

Blockchain application

Chairman of Ping An’s Financial OneConnect: The transaction scale of Ping An’s blockchain exceeded 20 trillion yuan last year

Ye Wangchun, chairman of OneConnect, a subsidiary of Ping An, said that blockchain technology is considered to be the most disruptive core technology in the next generation after steam engines, electricity, and the Internet. In 2018, the annual transaction scale of Ping An blockchain exceeded 20 trillion yuan. (Securities Daily)

Huaxia Bank: Pilot the business cooperation model of blockchain + supply chain in the construction project of Xiongan Group

Hua Xia Bank Co., Ltd. (600015) released its 2018 annual report today (April 18). The annual report pointed out that the company made a breakthrough in the securitization of accounts receivable assets in 2018, realized the first cross-bank double factoring business, actively carried out the application of blockchain technology, and piloted blockchain + supply chain in the construction project of Xiongan Group business cooperation model.

Sony PlayStation 5, which may be released next year, may implement a blockchain-based digital rights management (DRM) system. It is reported that Sony has obtained a patent for the DRM system in 2018, which runs on the blockchain and has been registered in Japan and the United States. (Bitcoin Exchange Guide)

global policy

The country's first blockchain technology application practice base settled in Qingdao

Blockchain technology and data security Ministry of Industry and Information Technology Key Laboratory of the Ministry of Industry and Information Technology established the blockchain technology practice base in cooperation with the local government for the first time - "Blockchain technology application practice base" was officially unveiled in Jimo District, Qingdao. (Science and Technology Daily)

US SEC and Financial Industry Regulatory Authority (FINRA) to hold meeting in June to discuss cryptocurrency-related matters

The U.S. Securities and Exchange Commission (SEC) and the U.S. Financial Industry Regulatory Authority (FINRA) will discuss cryptocurrency-related matters at a joint broker-dealer meeting on June 27. (Cointelegraph)

According to the official website of the central bank of India, the central bank of India announced on Thursday (April 18) the draft framework for the regulatory sandbox of financial technology, in which "innovative technology" includes the application of blockchain technology, but explicitly excludes any financial technology related to cryptocurrency. related items.

Investment and Financing

The block chain media The Block completed a new round of financing, Pantera, Fenbushi Capital and Sora participated in the investment

The blockchain media The Block has completed a new round of financing. More than a dozen institutions including Pantera Capital, Floodgaget, and GGV participated in the investment, and each institution received an investment quota of US$100,000. The Block is an emerging blockchain media founded by Mike Dudas, which was officially launched at the end of July 2018. (chain news)

Blockchain Venture Capital Fund Proof of Capital Partners with HTC

Proof of Capital, a $50 million blockchain venture capital fund, has partnered with electronics giant HTC. The fund holds fiat currencies and focuses on general venture capital deals, primarily targeting early-stage fintech blockchain companies, as well as the consumer segment of the blockchain ecosystem. (Cointelegraph)

Character·Voice

Reuters: Coinbase's 2018 global revenue is expected to be around $520 million

U.S. cryptocurrency exchange Coinbase had global revenue of about $520 million last year, according to Reuters estimates. According to a filing by Coinbase with the U.K. Companies Registry, the exchange’s U.K. revenue rose 20 percent to 153 million euros ($173 million) last year. Coinbase U.K. Chief Executive Zeeshan Feroz told Reuters that the U.K. business accounts for "nearly a third" of the company's total revenue. The document also shows that Coinbase UK made a net profit of 6.6 million euros (about $7.4 million) last year. (CoinDesk)

People familiar with the matter: Bakkt is considering applying for a license from New York financial regulators

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