| 6 people in Chengdu were detained for committing crimes using virtual currency "GUCS" and "Kirin Mining Machine"; Dutch Central Bank: Binance is banned from operating in the Netherlands (August 19)
headlines
headlines
Cryptocurrency exchange Binance has been banned from operating in the Netherlands, according to a statement from the Dutch central bank on Aug. 18. The central bank (DNB) said Binance failed to obtain the required legal registration, meaning its services are illegal in the country. Binance failed to comply with the Anti-Money Laundering and Anti-Terrorist Financing Act, illegally provided exchange services between virtual currencies and fiduciary currencies, and illegally provided custody wallets. A spokesperson for the DNB said the central bank could take action against Binance, but details were unclear at this time.
digital currency
digital currency
MG India has partnered with Koinearth, a local blockchain company, and its SUV MG Astor uses blockchain technology to record data into a digital passport created by MG Motors, but the data in it is owned by the user. Praphul Chandra, CEO of Koinearth, explained that the digital passport is at the center of a blockchain-based platform that connects all parties, which will include car manufacturers, insurance companies and even dealers, to use this data for future decision-making, Things like managing car insurance premiums and resale value.
Blockchain industry
Blockchain industry"Facebook: Novi digital wallet 'ready to go public'"Facebook said on Wednesday that the global payment system is deeply flawed and that the social media giant can fix it. David Marcus, head of Facebook's blockchain, said in a blog post that Novi, the digital wallet subsidiary he oversees,"ready to enter the market", only the provision of fiat currency within Novi can provide value. He added:"I strongly believe that if there was ever a chance to create an open, interoperable currency protocol on the internet and truly change the game for people and businesses around the world, it is now."
We will not launch where we have not obtained such permission.
According to Korea Economic News, blockchain venture capital institution IgnisVC and TikTok Korea have signed a memorandum of understanding (MOU) for strategic cooperation. The partnership aims to promote cooperation in virtual content, Metaverse, NFT trading market and other businesses. Ignis VC will expand TikTok's new business ecosystem in terms of global network and various infrastructures such as marketing, incubation, acceleration and localization. Projects that Ignis VC has worked with include Algorand, Kakao, Klaytn and Dapp.com, etc.
Chainalysis: Emerging Economies Dominate 2021 Global Crypto Adoption Index
Crypto tracker Chainalysis’ 2021 Global Cryptocurrency Adoption Index assessed 154 countries based on three key metrics: on-chain cryptocurrency value received, on-chain retail value transferred and peer-to-peer exchange volume. Each indicator is weighted equally by purchasing power. Among them, Vietnam, India and Pakistan rank in the top three, highlighting the resilience of peer-to-peer monetary systems in emerging economies. Most of the countries in the top 20 are emerging economies, with Tanzania, Togo and even Afghanistan making the list. The United States and China slipped to eighth and ninth places, respectively. In the 2020 index, China ranks fourth and the United States ranks sixth. The report noted that global usage of crypto-assets has jumped by more than 1,200 percent as peer-to-peer platforms drive the adoption of cryptocurrencies in emerging economies.
US Crypto Exchange CoinZoom Launches CoinZoom OTC Desk
American crypto exchange CoinZoom today announced the launch of CoinZoom OTC Desk, an over-the-counter trading service desk, to provide deeper liquidity and private personalized services for institutions and high-net-worth individuals who need to complete large orders. CoinZoom OTC Desk covers more than 140 markets. Customers using the OTC desk can also earn up to 7.5% APY on their crypto holdings by using CoinZoom’s Earn service. In addition to the newly launched OTC Desk, CoinZoom also offers institutional investors FIX integration with CZ-Prime, enabling minimal latency, secure connections and 24/7 access.
Spirits company Bacardi is launching NFT tokens to celebrate the launch of a new limited-edition "BACARDĺ Reserva Ocho Sherry Cask Finish" rum line. According to the announcement on August 16, the new rum series will be on the shelves in September, and the NFT works will be auctioned on September 1, and the auction will last for two weeks. At present, the company has not stated which blockchain it will use to mint the NFT, nor how it will transfer the NFT for sale on the secondary market. It is reported that the proceeds of the auction will be used for the "Support the BAR" program, which aims to provide business funding, education and support for black-owned alcohol-related businesses such as bars, restaurants and nightclubs. The NFT will be shot by renowned photographer Cam Kirk. Cam Kirk has worked with Nike, Beats and Atlantic Records."MDM"), which aims to operate a next-generation asset management business using blockchain technology to securitize real assets (mainly real estate and infrastructure).
global policy
global policy
ASIC Warns Investors Against Investing in Crypto Products on Unauthorized Platforms
The Australian Securities and Investments Commission (ASIC) issued a notice on Wednesday local time warning investors not to invest in crypto-related financial products and services on platforms that have not obtained an Australian Financial Services (AFS) license. If the relevant platform entity provides such financial services in Australia, it must be licensed by ASIC. While the notice did not name which entities, most of the world's major crypto derivatives platforms do not hold ASIC licenses. ASIC also further clarified the risks of investing in crypto futures and options on offshore platforms, where many Australian investors have suffered losses due to excessive leverage, platform outages or unfair liquidations.
Australia, Singapore agree to pilot blockchain trade certificates
Character·Voice
Australia, Singapore agree to trial blockchain trade certificates.
Character·Voice
Report: The global encrypted asset management market is expected to reach $9.36 billion in 2030
According to a recent market report released by Allied Market Research (AMR), the global encrypted asset management market will reach US$670 million in 2020 and is expected to reach US$9.36 billion by 2030, with a compound annual growth rate of 30.2%. According to the report analysis, the increasing digitization of financial institutions and large companies, the surge in investment in cryptocurrencies, and the simplification of the process of purchasing cryptocurrencies are all driving the growth of the global encrypted asset management market. However, there is a lack of skilled security professionals and high implementation costs. Cost is restraining the growth of the market.
Fidelity Marketing Executive: 90% of Top Clients Are Asking About Bitcoin
Christine Sandle, sales and marketing director of asset management giant Fidelity, said in an interview recently that 90% of Fidelity's top customers are asking about Bitcoin. “We’re dealing with more traditional investors, and the vehicle for entry in this space is primarily bitcoin,” she said, adding that the interest in altcoins is “exactly the same as what we’ve seen with bitcoin.” different". In addition, when Tom Jessop, president of Fidelity's digital asset business unit, was asked whether he would support other altcoins, Jessop replied: "In terms of asset coverage, I don't think we will be the most comprehensive service provider." In March, Fidelity Digital Assets submitted a bitcoin trust application to the US SEC. It was also reported that Fidelity has been mining bitcoin since 2015 and that its operations “rely primarily on Canadian hydropower” and other renewable energy sources. The size of Fidelity’s bitcoin mining operations is currently unclear, but it is said to be small and highly profitable.
