The Bitcoin fear index has reached an extreme value of 20 units against the backdrop of a fall in the rate of the first cryptocurrency to $ 7000.
A branch of the People's Bank of China in Shanghai today released an announcement about the start of the pursuit of cryptocurrency trading floors in the region. The regulator threatens interrogations, checks and prohibitions. All cryptocurrency exchanges in Shanghai will be closed to avoid the risks associated with cryptocurrency trading.
The National Bank of China, together with the Economic Investigation Service, discovered in Shenzhen 39 bitcoin exchanges that violated the ban on crypto trading in the country.
US congressmen Lance Gooden and Sylvia Garcia have proposed legislatively recognizing private stablecoins like Libra securities to protect investors from the arbitrariness of companies issuing these assets.
Changpen Zhao, the head of the Binance cryptocurrency exchange, has denied a rumor spread in the media and social networks that the company’s office in Shanghai was searched by the police. “No police, no searches, no office,” he wrote on his Twitter account.
Bakkt platform announced the launch date of settlement bitcoin futures: on December 9, the product will be flooded by ICE Futures Singapore.
The European Investment Fund and the European Commission will create an investment fund worth € 400 million to support blockchain projects.