central bank digital currency and financial stability

The proposal of the Shanghai Municipal Committee of the Communist Party of China on formulating the 14th five year plan for Shanghai's national economic and social development and the long-term goals for the year 2035, released on the official website of the Shanghai Municipal People's government, pointed out that Shanghai will actively strive focentral bank digital currency and financial stabilityr the pilot application of digital currency, accelerate the construction of Shanghai financial science and technology center, build a global digital financial infrastructure, and improve the fund Financial risk prevention ability.

Headquartered in Singapore, kucoin has offices in China, Thailand, the Philippines and Bulgaria, and currently supports more than 350 trading pairs. By integrating global high-quality assets and building a first-class platform, kucoin is committed to providing users with convenient, safe and comprehensive digital asset trading and conversion services. Since its establishment in September 2017, kucoin is known as the people's exchange, and has always maintained a trend of rapid growth. Kucoin platform is safe and reliable, easy to use, and quick to withdraw cash. It supports multi language, 7 × 24-hour customer service throughout the year, and creates and operates user communities in many countries and regions around the world. Its special services include: invitation reward; incentive incentive incentive (KCS incentive); one of the global mainstream exchanges supporting Neo trading pairs; and 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 has announced that it has completed the drawing of Coti for the fourth phase of spotlight project. A total of 34053 users participated in the drawing, and 5623 users won the lottery, with the winning rate of 16.51%. The Coti (Coti) will be launched at 22:00, and the Coti / BTC and Coti / usdt trading pairs will be opened. According to block123.com, Coti is a digital currency payment project based on DAG. The goal is to simplify the payment processing process by establishing a trustchain consensus protocol, and to solve the challenges faced by the existing cryptocurrency and traditional payment methods.

Facebook Libra looks at more issues related to cryptocurrency, such as whether legal central bank digital currency and financial stabilitydigital currency and a small number of digital stable currency will coexist; exploring digital finance to better support the development of the real economy, we should develop diversified and all-round financial services; improve the regulatory framework of financial technology, develop regulatory technology, and how to bring technology giants into the macro prudential regulatory framework; We should strengthen the construction of digital financial infrastructure and strengthen international coordination and cooperation in the field of digital finance.

The Bank of Japan said it had appointed kazushige Kamiyama, its top economist, as head of the payment and settlement department, which oversees the central bank's digital currency, according to Kim Shiji. Seisaku Kameda will take over as chief economist and head of statistics at the Bank of Japan.

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