Bitcoin and digital currency

Invitation incentive; incentive incentive incentive (KCS incentive); one of the global mainstream exchanges supporting Neo trading pairs; non mandatory KYC verification Kucoin has grown rapidly and achieved gratifying results. At present, kucoin has more than 5 million registered users, with a daily transaction volume of up to 320 million US dollars. Kucoin is recognized by many users and professionals in the industry for its safety, reliability, high quality and good reputation. The incentive fund is the platform transaction fee reward obtained by holding KCs (no less than 6). Kucoin uses 50% of the total daily transaction fee of the platform to purchase KCs directly from the secondary market, and distributes it to users in the form of new kucoin incentive every day. The most intimate community service in the industry, professionals are always there to answer users' doubts. At the same time, kucoin is ahead of other exchanges in mining high-quality projects. Kucoinkcs to see more exchanges tweeted that Coti, the payment project, would open token crowdfunding on kucoinspotlight on June 4. According to block123.com, Coti is a digital currency payment project based on DAG. By establishing trust chain consensus agreement, Coti introduces a behavior trust scoring algorithm and a decentralized POS method to solve the disputes between the two sides of the network. Coti's advisory team and supporters include twitter, coinbase, early investor Greg Kidd oBitcoin and digital currencyf ripple, Steven Heilbron, former CEO of Investec bank, and Dr. Matthew mcbrady, former chief information officer of BlackRock.

Zvchain, the public financial chain, launched the cryptocurrency market data website coincodex on October 7. Coincodex is one of the leading big data platforms in the digital currency industry in the world. At present, it contains more than 5000 digital currency market data, aiming to provide the public with professional and authoritative trend analysis of digital currency.

Jiang Changhao, co-founder of Cobo and a former senior research scientist at Facebook, said that the launch of Facebook stable currency Libra has a positive impact on the industry, enabling more people to contact the blockchain industry and its products, and the government will have a more positive understanding of the industry. Jiang Changhao believes that the pBitcoin and digital currencyublic chain launched by Facebook may overlap with other public chains,

Jon Cunliffe, deputy governor of the Bank of England, said it was not the Bank of England's responsibility to protect the bank's business model in the face of digital currency, Reuters reported. He said digital currencies could significantly reduce households' willingness to put money in traditional bank accounts, and many central banks, including the Bank of England, were considering how to use digital currencies issued or to be issued to simplify domestic and international payments. According to previous reports, on November 12, Bank of England governor Bailey said that the central bank digital currency may be issued in the next 10 years, but there is still a lot of work to be done.

If the application is approved, these changes will occur: 1. The trust will be the first digital currency investment vehicle for the SEC to obtain the statusBitcoin and digital currency of the reporting company; 2. The qualified investors who have previously purchased the product through private placement have the opportunity to reduce the legal holding period by 6 to 12 months, which means that they can obtain liquidity in advance; 3. Because many institutional investors do not invest in those that have not yet registered with the sec Investment products, so more institutional investors may consider using the product; 4. Quarterly and annual reports will be submitted in accordance with the relevant sec standards.

Mu Changchun, deputy director of the Department of payment and settlement, said at the third China finance 40 forum that the central bank's digital currency will be launched soon, and a two-tier operation system will be adopted, that is, the upper layer is, and the second layer is commercial institutions. The reasons are: 1. The central bank's digital currency must face the retail scene and the public, while the performance of bitcoin and Libra can not meet the high concurrency; 2. Large countries issue central bank numbers Currency is a complex system engineering; 3. The IT infrastructure application and service system of commercial banks and other institutions have been relatively mature, the user base is huge, and the service habit has been formed; the talent reserve is relatively sufficient, there are many IT experts, the system has strong processing ability, and has accumulated certain experience in the application of financial technology; 4. It can avoid excessive risk concentration in a single individual 5. The single tier investment will lead to financial disintermediation, and the central bank's direct investment of digital currency to the public will have crowding out effect on commercial bank deposits, affect the ability of commercial banks to provide loans, and in extreme cases, it will subvert the existing financial system, resulting in the unified situation of the central bank dominating the whole country; 6. Double tier investment will not change the creditor's right and debt relationship of currency in circulation and will not change the existing money investment Dual structure and open account,

According to the China Securities Daily, the police cracked down on the fraud of illegal digital money exchange BISS and arrested dozens of suspect. This action is aimed at deterring illegal organizations and alarming the investors. In order to prevent the resurgence of illegal financial activities in virtual currency transactions and effectively protect the interests of investors, according to the work deployment of the National Leading Group Office for Internet financial risk remediation, the local financial supervision bureau and the PBC Business Management DepartBitcoin and digital currencyment adhere to the principle of "hitting the ground" on the above illegal financial activities, and continue to maintain a high pressure situation of supervision The Internet emergency centers will conduct a comprehensive search and arrangement of virtual currency trading places and other organizations within their jurisdiction. Once found, they will seriously handle them in accordance with the relevant provisions such as the announcement on preventing the financing risk of token issuance.

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