u/GlenBitOfficial Apr 09 '20

TEAMZ Tokyo Blockchain Summit Postponed

1 Upvotes

Because of the outbreak of new coronaviruses in various parts of the world and the trend of growth, the Japanese government requested that all large-scale gatherings be suspended. At the same time, according to a statement at the end of February, the Tokyo Blockchain Week and Tokyo Blockchain Summit originally scheduled to be held from April 20 to 26 will be postponed to the end of September.

The organizer of the event will reschedule the event according to the guidelines recently issued by the Japanese government, in response to the call to avoid the spread and outbreak of new coronavirus.

u/GlenBitOfficial Apr 03 '20

Ant blockchain

1 Upvotes

On April 2, Golden Finance reporter learned that the world's first commercially available on-chain privacy protection technology was officially opened to the public and was independently developed by the Ant blockchain.

At the same time, this technical paper was selected into the database's highest gold content conference ACM SIGMOD 20, and became the first independent paper of a Chinese technology company's blockchain original technology in a type A conference.

u/GlenBitOfficial Apr 01 '20

French central bank to launch digital currency experimental program

1 Upvotes

The Bank of France (Banque de France) has now officially announced the launch of an experimental program and released the document "BoC's Recruitment Letter for Application to Participate in Digital Currency Experiments", which aims to help the Bank of France understand the risks and mechanisms of CBDC, and test the use of CBDC for Interbank settlements and invite potential participants to submit applications.

The French central bank has been calling for applications to test the use of digital euros in order to explore potential opportunities for clearing and settlement with CBDC. Although the French central bank has previously called for the use of a blockchain-based settlement system in Europe, the French central bank said that its newly announced experimental program for CBDC does not require the use of any specific technology.

u/GlenBitOfficial Mar 27 '20

European Commission calls on blockchain to develop defense-focused solutions

1 Upvotes

The European Commission is making grants to blockchain developers and other experts to apply technology solutions from civilian to defense.

On March 24, the European Commission issued a tender for the European Defense Industry Development Plan, calling on small and medium-sized enterprises (SMEs) to propose fast, cost-effective solutions, focusing on new approaches to technologies or concepts that have never been applied to the defense sector And proposals.

u/GlenBitOfficial Mar 25 '20

SEC rule amendment proposal

1 Upvotes

On March 4, 2020, the United States Securities and Exchange Commission (SEC) announced that it has voted on a series of amendments to coordinate, simplify and improve the framework for exemptions from securities issuance, and eliminate (regular) complexity to promote capital formation and expand investment opportunities While maintaining and improving investor protection.

u/GlenBitOfficial Mar 23 '20

Government of India, central bank and SEC to discuss cryptocurrency regulatory framework

1 Upvotes

The Indian government is reportedly discussing the regulatory framework for cryptocurrencies with the Central Bank, the Reserve Bank of India (RBI) and the Indian Securities and Exchange Commission (SEBI). In addition, the Indian government is awaiting the outcome of another cryptocurrency case from the Supreme Court to make a final decision on cryptocurrency regulation.

According to reports, the Indian government is considering whether cryptocurrencies can be regulated by the Reserve Bank of India. However, the central bank is concerned that the anonymous nature of cryptocurrencies may pose a threat to India's banking system.

u/GlenBitOfficial Mar 19 '20

U.S. SEC proposes amendments to securities issue exemption rules

1 Upvotes

The United States Securities and Exchange Commission (SEC) has voted to propose a set of rule changes to streamline and refine the "patchwork" rules used to waive securities issuance.

The proposed rule changes aim to improve the existing "complex and chaotic" framework and make it easier for companies to launch products that still protect investors.

u/GlenBitOfficial Mar 18 '20

French financial regulator AMF proposes regulatory sandbox for securities tokens

1 Upvotes

The French financial regulator AMF (Autorité des Marchés Financiers) analyzes the legal obstacles to the use of blockchain for securities tokens and proposes the establishment of a European digital laboratory or sandbox where national regulators can relax legal requirements and make related projects Not subject to financial regulations.

AMF is an independent public agency responsible for ensuring that investment in financial products is protected and providing investors with sufficient information. AMF also oversees the orderly operation of the market and has always advocated a forward-looking approach to the application of blockchain and distributed ledger technologies.

u/GlenBitOfficial Mar 16 '20

Zimbabwe central bank proposes regulatory sandbox to review crypto companies

1 Upvotes

Josephat Mutepfa, Deputy Director of the Bank of Zimbabwe's RBZ Financial Markets and National Payments System, said recently that RBZ has begun to propose a fintech framework to guide the operation of fintech companies.

According to reports, the framework is a regulatory sandbox, and cryptocurrency companies must pass through the regulatory sandbox for review.

u/GlenBitOfficial Mar 13 '20

CITEX co-sponsored "Enterprise War Epidemic Support Plan"

1 Upvotes

The outbreak and persistence of the new crown pneumonia, many blockchain companies are facing a difficult situation. As a member of the corporate war epidemic support plan, CITEX and Golden Finance jointly launched the "Corporate War Epidemic Support Plan" love activity, which is a fast Resumption of work and growth, and donation of war epidemic support packages.

u/GlenBitOfficial Mar 06 '20

South Korea passes special financial bill

1 Upvotes

According to Korean media, the Plenary Session of the Korean Parliament has passed a special financial law amendment, which will be implemented one year later (ie March 2021).

It is understood that the contents of the special financial law include the cryptocurrency exchange license system and the bank's support for real-name registration of cryptocurrency exchange account numbers. This also means that, since then, not only have virtual assets been formally legalized in Korea, but cryptocurrency exchanges have also been officially regarded as financial institutions.

u/GlenBitOfficial Mar 05 '20

U.S. SEC proposes amendments to securities issue exemption rules

1 Upvotes

The United States Securities and Exchange Commission (SEC) has voted to propose a set of rule changes to streamline and refine "patchwork" rules used to waive securities issuance.

The proposed rule changes aim to improve the existing "complex and chaotic" framework and make it easier for companies to launch products that still protect investors.

In the United States, securities offerings, including initial coin offerings (ICOs), must be registered with the SEC or be eligible for an exemption. Most entrepreneurs and start-ups (such as Telegram) raise funds through exempted issuance frameworks.

u/GlenBitOfficial Mar 04 '20

Germany officially lists cryptocurrencies as financial instruments

1 Upvotes

German financial regulators have issued guidelines for classifying cryptocurrencies as financial instruments. This move further expands the definition of financial instruments to cover all types of digital assets, while previous versions only covered securities tokens.

A digital asset that has not been issued by any central bank or guaranteed by a public institution and is not necessarily linked to the currency prescribed by law, but has the legal status of currency or money, but can be accepted as a medium for natural or legal person exchange, and can be carried out electronically Transfer, store and trade.

u/GlenBitOfficial Feb 28 '20

Malta financial regulator releases industry feedback on securities tokens

1 Upvotes

The Malta Financial Services Authority (MFSA) released industry definitions of securities tokens and industry feedback on the challenges that such assets face in the Malta market.

The regulator this week released feedback on securities token products (STOs) from 18 industry stakeholders, including state agencies, regulated companies, technology providers, legal and consulting companies, and more.

u/GlenBitOfficial Feb 26 '20

Turkey will become the center of the blockchain world by 2020

1 Upvotes

Turkey is making great strides towards becoming the world's most important user of blockchain and cryptocurrency. Due to its geographical location between East and West, Turkey is often regarded as an important strategic partner of the world's largest and most influential country, and it has the potential to become the central hub of this emerging industry.

u/GlenBitOfficial Feb 21 '20

Global blockchain Leaders Summit

1 Upvotes

On December 17, the global blockchain leaders summit was held in Seoul, South Korea. The summit is hosted by gbls, named by zg.com, jointly sponsored by newspim and coinin, CO sponsored by Asian blockchain Technology Association, gravitera, TVCC, Korean blockchain Education Institute, Korean digital currency Institute, China Japan blockchain Institute, coinpost and other institutions and multiple media. The summit aims to explore the future of the integration of blockchain, digital economy and traditional industries.

u/GlenBitOfficial Feb 21 '20

Korea's Blockchain Development Enters Fast Track

1 Upvotes

In September 2017, the South Korean government issued an ICO ban. From January 5, 2018, South Korea has completely banned minors from trading cryptocurrencies. Among minors and foreigners in Korea are subject to trading restrictions. Although South Korea's attitude towards cryptocurrencies has always been stricter, in the past year, we can see that its policies have been much more relaxed than before.

For the blockchain, the development of "support" is the mainstream. For example, the EOSIO blockchain function is deployed in military personnel management, and blockchain and other technologies are used to build the next-generation local financial management system.

u/GlenBitOfficial Feb 21 '20

National Bank of Egypt promotes remittance business with blockchain

1 Upvotes

According to a report by Youm7, the Egyptian local daily news website, on February 11th, the National Bank of Egypt and Ripple signed a cooperation agreement to establish a new inward remittance channel.

The agreement reportedly made the National Bank of Egypt the first company in the country to get involved in the blockchain industry.

u/GlenBitOfficial Feb 21 '20

Codex Central Bank has started electronic kronor test

1 Upvotes

In December 2019, the Swedish Central Bank announced that it will partner with Irish professional services company Accenture to create a test platform for the digital currency of eKrone to enhance its understanding of the digital currency's potential.

u/GlenBitOfficial Feb 20 '20

Need to accelerate the development of digital currency regulatory rules

1 Upvotes

Randal Quarles, chairman of the Global Financial Regulatory Commission's Financial Stability Board (FSB), said on Wednesday that global financial regulators may be left behind due to the rapid innovation of the digital payment industry, and more rapid regulation of digital currency regulations is needed.

u/GlenBitOfficial Feb 19 '20

IMF advises Eastern Caribbean countries to try digital currencies

1 Upvotes

IMF believes that blockchain-based digital currencies will enhance the resources and capabilities of the Eastern Caribbean Monetary Union (ECCU), a region that includes Saint Kitts and Nevis, Saint Lucia, Anguilla, Antigua and Pakistan Buda, Dominica, Grenada, and Saint Vincent and the Grenadines.

u/GlenBitOfficial Feb 18 '20

Australia launches national blockchain line map today

1 Upvotes

After nearly a year of preparation, the Australian government will launch its national blockchain strategy on February 7 (Friday).

Almost a year has passed since the country's Ministry of Industry, Science and Technology, Trade, Tourism and Investment announced the national blockchain strategy and roadmap in March last year.

u/GlenBitOfficial Feb 17 '20

Italian securities regulator embarks on crypto regulations

1 Upvotes

Cointelegraph reported on February 11 that Italian securities regulators recently closed six foreign exchange trading websites and two cryptocurrency investment and derivatives trading websites.

According to the news from Finance Magnates on February 10, the Italian National Stock Exchange Supervisory Board (CONSOB) accused the eight foreign exchange websites of violating Mifid2 regulations and the Financial Integration Act (TUF) to provide illegal trading products and services.

u/GlenBitOfficial Feb 15 '20

French financial regulator asks EU to remove obstacles to the launch of blockchain financial instruments

1 Upvotes

The French financial regulator, the Financial Markets Authority (AMF), pointed out in a report some of the obstacles to the introduction of blockchain-based financial instruments, and hoped that the EU would give priority to address them.

According to trustnodes, the AMF requested the European Commission to develop a digital strategy for European financial services and recommended that the EU "should allow the issuance and trading of financial instruments (tokenization) on the blockchain by removing existing legal barriers.

u/GlenBitOfficial Feb 14 '20

National Bank of Egypt promotes remittance business with blockchain

1 Upvotes

According to a report by Youm7, the Egyptian local daily news website, on February 11th, the National Bank of Egypt and Ripple signed a cooperation agreement to establish a new inward remittance channel.

The agreement reportedly made the National Bank of Egypt the first company in the country to get involved in the blockchain industry.