| USDC circulation supply exceeds 1 billion U.S. dollars; the co-head of the digital dollar project said that the United States may quickly pilot the digital dollar
headlines
USDC circulation supply exceeds 1 billion US dollars
USDC circulation supply exceeds 1 billion US dollars
digital currency
Bitcoin ETP Officially Listed on Deutsche Börse Electronic Trading Platform Xetra
Deutsche Boerse has listed an exchange-traded product (ETP) that tracks the value of bitcoin. Switzerland-based product provider 21Shares said its bitcoin ETP was officially listed on Deutsche Börse’s electronic trading platform Xetra on Wednesday. "Listing on Xetra not only strengthens our position in Germany, but also opens up institutional-grade crypto offerings to the wider European and international market," 21Shares managing director Laurent Kssis said in a statement.
Note: The ETP, named BTCE, is 100% backed by physical bitcoins and will be distributed and sold using HANetf's distribution business.
Buying of Grayscale BTC, ETH and ETC trust products has been stopped
Buying of Grayscale BTC, ETH and ETC trust products has been stopped
Compound Governance Proposal 11 passed, will change COMP distribution rules on Thursday
The country's first blockchain traceability platform for infant formula milk powder was released in Hangzhou
Blockchain industry
The country's first blockchain traceability platform for infant formula milk powder was released in Hangzhou
For the first time, Tencent's copyright litigation case adopts blockchain solidification in the whole process of trial
On July 1, the China Patent Protection Association released the "2020 Global Authorized Patent Report in the Blockchain Field". The report shows that in the global ranking of authorized blockchain patents, Alipay ranks first in the world with 212 authorized blockchain patents, close to the second IBM (136) and the third Coinplug (107). and. According to data released in April this year, in the field of blockchain patent applications, Alipay also ranked first in the world with 2,344 applications, exceeding the sum of the second and third places.
Statistics show that as of May 14, 2020, there are a total of 3,924 authorized patents in the blockchain field worldwide. Among them, the United States has the largest number of patents, accounting for 39%, followed by South Korea with 21%, and China ranks third with 19%. %, which to a certain extent shows that the markets of these three countries are most likely to be the first to implement blockchain technology.
Indian Blockchain Startup ChitMonks Receives $650,000 in Pre-A Round Funding
Investment and Financing
Curv Receives USD 23 Million in Series A Financing, Coinbase and DCG Participate
Encrypted custody infrastructure provider Curv has received $23 million in Series A financing, with investors including CommerzVentures, Coinbase Ventures and Digital Currency Group, among others. After this round of financing, Curv’s total investment has reached $29.5 million. Last year, the company raised $6.5 million in funding led by Team8 and Digital Currency Group.
With the new funding, Curv will strengthen its infrastructure, grow its team and expand its global client base, said Josh Schwartz, Curv's chief operating officer. The company is headquartered in New York with an R&D office in Tel Aviv, Israel. Curv provides hosted solutions utilizing Multi-Party Computation (MPC) cryptography.
Indian Blockchain Startup ChitMonks Receives $650,000 in Pre-A Round Funding
Indian Blockchain Startup ChitMonks Receives $650,000 in Pre-A Round Funding
Japanese financial giant SBI invests $30 million in crypto market maker B2C2
Japanese financial giant SBI has invested $30 million in B2C2, a market maker in the encryption market. B2C2 is currently targeting the growing crypto prime brokerage market. Next month, B2C2 will expand its services to include automated financing and execution. B2C2 said in a press statement that the company will provide crypto services to its millions of clients and will become SBI’s main crypto liquidity provider.
global policy
Central Bank of Kazakhstan is demonstrating the feasibility of introducing digital tenge
On June 30, the central bank’s official Weibo released a message saying that in order to thoroughly implement the decisions and deployments of the Party Central Committee and the State Council, make up for regulatory shortcomings in related fields, standardize the use of large amounts of cash, and curb the use of large amounts of cash for illegal and criminal activities, the central bank has decided to start from 2020. From July 1, 2019, large-amount cash management will be piloted in Hebei Province, and in Zhejiang Province and Shenzhen City from October 1. It is reported that the central bank responded to questions such as why it promotes large-value cash management, whether there is a connection between large-value cash management, anti-money laundering, and digital currency research and development.
On June 30, the central bank’s official Weibo released a message saying that in order to thoroughly implement the decisions and deployments of the Party Central Committee and the State Council, make up for regulatory shortcomings in related fields, standardize the use of large amounts of cash, and curb the use of large amounts of cash for illegal and criminal activities, the central bank has decided to start from 2020. From July 1, 2019, large-amount cash management will be piloted in Hebei Province, and in Zhejiang Province and Shenzhen City from October 1. It is reported that the central bank responded to questions such as why it promotes large-value cash management, whether there is a connection between large-value cash management, anti-money laundering, and digital currency research and development.
The central bank stated that the volume of large-value cash transactions has continued to grow in recent years, and large-value cash withdrawals have become an important distribution channel for cash in circulation. In order to meet the needs of the current situation, my country urgently needs to strengthen the management of large amounts of cash to ensure reasonable demand, curb unreasonable demand, and curb the use of large amounts of cash to commit crimes.
David Treat, senior managing director and head of global blockchain at Accenture, and co-head of the digital dollar project, said that once the project is approved to start, the United States may quickly enter the central bank's digital currency pilot.
Character·Voice
David Treat, senior managing director and head of global blockchain at Accenture, and co-head of the digital dollar project, said that once the project is approved to start, the United States may quickly enter the central bank's digital currency pilot.
In response to a reporter's question "When will we see the Federal Reserve have its own CBDC pilot", he expressed the hope that there will be one soon, and said, "From the moment you start, within a few quarters, you can be in the real world. It's easy to imagine having a real working use case in the world where people can exchange tokens in some context using a wallet on their phone. So the first pilot use cases can be done in a few months and a few quarters, It doesn't need to take years or more."
In response to a reporter's question "When will we see the Federal Reserve have its own CBDC pilot", he expressed the hope that there will be one soon, and said, "From the moment you start, within a few quarters, you can be in the real world. It's easy to imagine having a real working use case in the world where people can exchange tokens in some context using a wallet on their phone. So the first pilot use cases can be done in a few months and a few quarters, It doesn't need to take years or more."
Foreign media: Bitcoin activity is still on the rise despite Russia's tightened encryption regulations
V God: In the long run, it is impossible for DeFi interest rates to be higher than the best interest rates of traditional finance by more than one percent
