| EU encryption asset legislation pays special attention to stablecoins; Alipay Bund Conference showcases new product "AntChain Digital Commodity Collaboration Network"

秦晓峰

Odaily资深作者

@QinXiaofeng888

2020-09-25 07:58 (UTC+8)

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Russian Ministry of Finance: Undeclared crypto holdings will be punished with huge fines.

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Russian Ministry of Finance: Undeclared crypto holdings will be punished with huge fines.

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Alipay demonstrated a new product called "AntChain Digital Commodity Collaboration Network" at the Bund Conference yesterday. According to the official introduction, the "AntChain Digital Commodity Collaboration Network" aims to create an ecological alliance of digital commodities with multi-party capabilities such as distribution, circulation, access, and marketing through blockchain technology, and integrate brand owners, channel providers, and service providers. , data providers, advertising service providers and other marketing service providers are seamlessly connected to provide alliance members with secure and private digital commodity circulation and settlement capabilities and precision marketing services.

digital currency

Tezos Foundation's first half report: holding assets reached 751 million US dollars, a new high

According to official news, the Tezos Foundation has released its first half year report for 2020. The highlights of the report are as follows: Since February, the foundation has issued 56 grants to build the Tezos ecosystem; funded community teams in 25 countries; added 2 new members to the council; added 4 new strategic partners for Tezos Partner; third code audit of Tezos completed by PwC. In the past six months, the foundation has funded as much as 18.8 million US dollars, and currently holds assets of about 751 million US dollars, compared with 635 million US dollars held in January this year, and the foundation's holdings have reached a new high. In addition, the foundation also stated that it will launch a Tezos community reward program in the future, and members who share Tezos and the ecology will be rewarded with XTZ tokens. (Tezos Foundation)

There have been 436 Bitcoin forks since 2009

Since 2009, 436 altcoins have been derived from Bitcoin, and these altcoins account for about 6% of the total crypto market. However, 240 of them are basically "dead". (Decrypt)

Survey: It will take 3 to 10 years for DeFi to be adopted on a large scale

Cointelegraph recently conducted a survey on DeFi. The results of the survey showed that among all respondents, 89% agreed that DeFi is widely scalable and will eventually become mainstream, and 8% disagreed. In the DeFi space, 48% of the top projects expect mainstream adoption to take three to five years, while 8% think it may take more than 10 years. (Cointelegraph)

Network security engineer Chase Wright posted a series of tweets saying that it is not recommended to pledge ETH when Ethereum 2.0 phase 0 starts. In response, Danny Ryan, the coordinator of Ethereum 2.0, responded that the pledge after the launch of phase 0 has certain risks and is not suitable for everyone. Testnets are actually very decentralized. Medalla has over 1000 nodes, probably an order of magnitude higher than any other PoS testnet. As for the problem of voting errors, Danny Ryan said that after testing, it was found that the current voting accuracy rate is 98%, and this will be further improved in the future.

Blockchain industry

Industrial Bank Rizhao Branch Actively Explores Blockchain Application Technology

Rizhao Branch of Industrial Bank actively explored the blockchain application technology, combined with the opportunity of the head office's blockchain direct connection module to handle a sum of export accounts receivable financing for aquatic product export enterprises within its jurisdiction, through the blockchain platform data upload After verification, financing and disbursement on the same day successfully landed the province's first blockchain business. (Rizhao Dazhong.com)

The U.S. Bureau of Fiscal Services will continue research on blockchain technology in a new program called “Blockchain for Grant Payments,” continuing an effort that began in 2017, according to an announcement on Monday. The new program will run for six months and focus on the legal aspects of grant payments via blockchain. The bureau began researching distributed ledger technology three years ago when it launched a blockchain pilot project to track office tools such as computers and cell phones. It also promises to explore other use cases for blockchain in parallel. (The Block)

Investment and Financing

Climate change startup Nori raises $4 million

Climate change start-up Nori announced the completion of $ 4 million in financing, including Placeholder, North Island Ventures and Tenacious Ventures. Nori said the funds will be used to create a blockchain-based market for carbon credits, paying farmers to remove carbon dioxide from the atmosphere. (CoinDesk)

The blockchain start-up company PureStake completed a seed round of financing of US$1.4 million. This round of financing was led by the venture capital fund Hypersphere Ventures, and Arrington XRP Capital, HashKey, KR1, Bitcoin.com Exchange, and Du Capital participated in the investment. The funds will be used for Development of the smart contract platform Moonbeam Network.

global policy

EU plans to adopt proposals for new digital finance legislation including crypto assets, with a special focus on stablecoins

On September 24, the European Commission officially adopted a package of new digital financial legislative proposals, including digital finance, retail payment strategies, and encrypted assets. The European Commission said the new package is the first time the agency has proposed new legislation on crypto assets. The EC is paying particular attention to stablecoins as part of new legislative proposals aimed at introducing stricter requirements for stablecoin issuers in terms of capital, investor rights and regulation. Among them, if the issuance of stable currency exceeds 5 million euros (5.8 million US dollars), the EU requires the stable currency issuer to complete the authorization of the national competent authority. The EU also hopes that issuers of encrypted assets will issue white papers that impose mandatory requirements for information disclosure. Small and medium-sized enterprises offering crypto assets totaling no more than 1 million euros ($1.1 million) within a 12-month period will be exempt from publishing the white paper. (Cointelegraph)

European Commission to Launch Pan-European Blockchain Regulatory Sandbox by 2022

According to an update on the official website of the European Commission's Digital Innovation and Blockchain (Digital Innovation and Blockchain) team on September 23, the European Commission will cooperate with the European Blockchain Partnership (EBP) to test the European Blockchain Service Foundation Blockchain and digital asset use cases within the EBSI (EBSI), and will launch a pan-European blockchain regulatory sandbox by 2022. (Cointelegraph)

Russian Ministry of Finance: Undeclared crypto holdings will be punished with huge fines

Character·Voice

Fan Yifei: Digital RMB research and development has achieved phased results

At the Ninth China Payment and Clearing Forum held on September 24, Fan Yifei, deputy governor of the central bank, stated that the digital renminbi is an important part of the structural reform of the financial supply side. Develop a technical currency that provides versatility. At present, the digital renminbi has achieved phased results and is undergoing internal closed testing. (The Beijing News Shell Finance)

Head of Visa cryptocurrency: Visa is researching offline digital currency payments

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