China's National Development and Reform Commission (NDRC) has decided not to include cryptocurrency mining on the list of undesirable industries.
Interruptions in transaction processing and allocation of computing resources on the EOS network in recent days are associated with the massive departure of its users. Over the week, the number of network members fell by 43%, according to an analytical resource Titan Labs.
The research unit of the People's Bank of China, after analyzing the possible impact of the digital renminbi, came to the conclusion that it will increase competition between large commercial financial institutions in the country. In addition, it will not adversely affect the monetary policy of the state, since virtual money will not be used for interest payments.
Representatives of Finland asked the European Central Bank (ECB) to consider creating their own digital currency and develop a regulatory framework for assets of this kind. The proposal will be discussed on December 5th.
The UN Security Council sanctions committee found that North Korea uses a Hong Kong company to launder funds stolen by its hackers. Thus, the DPRK bypasses sanctions in order to withdraw cryptocurrency to fiat through commercial financial institutions.
The Hong Kong Securities and Futures Commission (SFC) has issued regulations on the regulation of cryptocurrency exchanges, which include the rules for licensing, storing crypto assets, conducting KYC procedures and listing.
Calibra Vice President Kevin Weil is confident that although Libra will not repeat the rapid success of Facebook and may take decades to adopt, Libra has no doubt that launching it is worth all the difficulties, because in just a year and a half Libra has acquired 21 allies, and the social network expects an increase in the number companies dedicated to the project.
The Binance Chain network teamed up with CipherTrace to develop anti-money laundering measures for Binance DEX. The CipherTrace toolkit will allow regulators and the exchange administration to detect suspicious addresses and establish protection against unwanted actions.
Xpring, a division of Ripple startup, has decided to support the Flare Networks project to expand the capabilities of XRP smart contracts. Flare Networks intends to create an algorithmic stablecoin, part of the emission of which will be released during the burning of XRP. round_pushpin: The non-custodian Waves Platform exchange will change its name to Waves Exchange and will revise its functionality within a year.