| The central bank will study and formulate regulatory rules for the application of blockchain and other technologies; Ethereum's loan issuance in the second quarter reached 155 million US dollars

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On July 13, the "Fourth Global Financial Technology (Beijing) Summit" was held. In terms of strengthening the management of key information technology applications, Li Wei, director of the Science and Technology Department of the Central Bank, revealed that the Central Bank will study and formulate cloud computing, artificial intelligence, and blockchain technology. Regulatory rules for technical applications, such as technical framework, security management, business continuity and other aspects of management requirements. Guide the rational use of information technology in the financial field, and correct the chaos of some institutions that "use technology to abuse it, and use technology to be self-willed". (Securities Times)
digital currency
V God thinks about using the BCH and ETC blockchains as the ETH data layer in the short term
Report: Since the adoption of merged mining, Dogecoin computing power has shown a strong positive correlation with Litecoin computing power

Justin Sun: The 50 million USDT issued on the chain was transferred from the omni chain, not additional issuance

Analysis: Ethereum loan originations topped $155M in Q2 of this year
Analysis: Ethereum loan originations topped $155M in Q2 of this year
Will Warren, the founder of the decentralized trading protocol 0x, published a blog today saying that there is a loophole in the 0x v2.0 Exchange contract. The team has suspended the use of the contract, and no property damage has been found. However, this also means that the currently deployed 0x contract cannot currently process transactions and cannot be used. The team is currently checking other smart contracts that have been released to ensure that other contracts do not have the same type of vulnerabilities. Will Warren pointed out that this vulnerability will not affect ZRX tokens, so users do not have to worry about asset loss.

Blockchain application
Wen Xiaoyun: Guangdong needs to combine blockchain with cybersecurity issues
Wen Xiaoyun: Guangdong needs to combine blockchain with cybersecurity issues
FDA Announces Blockchain Pilot Program to Track Drug Dispensing
Thailand Approves Four Cryptocurrency Service Providers to Operate and Introduces New Regulations for Digital Assets
global policy
Thailand Approves Four Cryptocurrency Service Providers to Operate and Introduces New Regulations for Digital Assets
Facebook: Expect to pay sales and capital gains taxes on Libra
Facebook provided TechCrunch with information on how its Libra cryptocurrency will remain legal in response to Trump's allegations that Libra could facilitate illegal behavior. On tax issues, Facebook and Libra Association executives expect Libra to be subject to sales tax and capital gains taxes, in which sales tax is collected in exactly the same way as credit card payments are used today, and due to Libra It is designed to be a currency with relatively stable prices, so capital gains taxes may be very small. In terms of anti-money laundering and anti-fraud, Facebook is negotiating with local convenience stores and money changers to ensure that when users buy and sell Libra with fiat currency, there will be anti-money laundering checks. (TechCrunch)
Character·Voice
Jiang Zhuoer: Support limited expansion on the issue of Bitcoin block expansion

Li Lin: 20% repurchase and burning will remain unchanged. It is a good unlocking solution to link the amount unlocked by the team with the amount burned
Morgan Creek Founder: Trump Can't Change Bitcoin's Monetary Policy
Morgan Creek Founder: Trump Can't Change Bitcoin's Monetary Policy

Changpeng Zhao responds to Larry Cermak: Adjusting the BNB destruction plan has nothing to do with regulation



