| Justin Sun issued an apology letter: I am deeply guilty of my excessive marketing and hype; Iran intends to ban encryption mining during peak hours of electricity consumption

秦晓峰

Odaily资深作者

@QinXiaofeng888

2019-07-25 08:08 (UTC+8)

This article is about 2631 words, reading the full article takes about 4 minutes

Huobi became the fifth licensed institution in Thailand.

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Huobi became the fifth licensed institution in Thailand.

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headlines

Facebook to pay $5 billion to settle with FTC

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digital currency

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According to multiple confirmations by Caixin reporters, since June 2018, the regulatory authorities have issued border control orders to Sun Yuchen and others, and the procedures are complete. Based on various clues, Justin Sun left for the United States in late November 2018. As for what method he used to leave the country, how he bypassed or temporarily lifted the border control, it is still a mystery.

Grayscale Bitcoin Trust Fund was one of the most actively traded securities in the OTC market in June, with a transaction size exceeding US$1 billion

A few days ago, Grayscale announced that its Bitcoin Trust (GBTC) was one of the most actively traded securities on the OTC (over the counter) market in June. As of today, there are more than 10,000 types of securities offered in the OTC market, of which 1,430 types are traded on the two top platforms of OTCQX and OTCQB. As of the end of June 2019, GBTC is one of only eight securities with a transaction size of more than $1 billion on the two platforms. In addition, Grayscale’s Ethereum Classic Trust Fund also appears in the list of the top ten most actively traded securities on the OTCQX platform. (Bitcoinist)

The Ministry of Finance of Thailand has recently officially issued the fifth digital asset trading license. According to the official confirmation of Huobi, Huobi has officially become the fifth institution in Thailand that can carry out digital asset trading with a legal license, and is allowed to carry out legal currency transactions and currency transactions locally. .

On July 24 local time, Ripple released the XRP market report for the second quarter of 2019 as scheduled. Ripple sold $251.51 million in XRP in the second quarter of 2019 and will significantly reduce future XRP sales; CryptoCompare will be the main benchmark for Ripple's future XRP market volume given concerns that market volumes are exaggerated; 3 billion XRP Released from escrow, 2.1 billion returned to escrow; XRP is currently listed on more than 130 exchanges around the world. (Ripple official website)

Blockchain application

HSBC Completes First Blockchain Letter of Credit Transaction Between South Korea and Vietnam

HSBC said on Monday that its first real-time blockchain-based letter of credit (LC) transaction between South Korea and Vietnam has been successfully completed. According to HSBC, the transaction was completed through HSBC’s blockchain platform Voltron and involved the delivery of raw materials from South Korean company INEOS Styrolution Korea to Vietnamese company Duy Tan Plastics. (Korea Joongang Daily)

Chinese and Philippine enterprises jointly build the first blockchain technology platform in the Philippines

OneConnect, a subsidiary of Ping An of China, and UBX, a subsidiary of Union Bank of the Philippines, have reached a cooperation to jointly build the Philippines' first technological platform driven by blockchain technology to meet the financing needs of small, medium and micro enterprises in the Philippines. According to the agreement, the two parties will jointly build an end-to-end financial service platform supported by OneConnect's blockchain technology. (China News Network)

Ningbo Branch of Bank of China launches Ningbo cross-border financial blockchain service platform business

global policy

The Supreme Court of India postponed the cryptocurrency hearing originally scheduled for July 23 to August 2, but it has not yet been finalized. The Supreme Court is expected to deal with the writ petition against the RBI’s banking restrictions, as well as government reports and a recently published draft crypto bill. (Bitcoin.com)

German Encryption Firms Will Need a License from BaFin From Next Year

Starting next year, new anti-money laundering (AML) regulations will require German cryptocurrency companies to hold a license issued by the Federal Financial Supervisory Authority (BaFin), local media outlet FAZ reported. The new rules will require cryptocurrency-related businesses such as exchanges and wallet providers to be licensed by BaFin and comply with “anti-money laundering” regulations. (Cointelegraph)

Iran Proposes Ban on Crypto Mining During Peak Electricity Hours

Commenting on the country's digital currency production (mining) mechanism, Iran's Minister of Economy and a senior lawmaker announced that mining activities for Bitcoin and other cryptocurrencies will be provided with a three-phased timer. timers), the timers will be turned off during peak power consumption periods. (Iran Front Page)

Investment and Financing

Codebase Ventures Inc., an early blockchain and encryption investment company, announced the establishment of a subsidiary, Code Cannabis Investments, which will focus on investing in the cannabis industry. (Proactive Investors)

Japan's Nomura Holdings Invests in Omise to Expand Its Subsidiary Business