🇨🇳 The Securities Commission of China calls for the centralization of block-technology. The head of the technology division of the SEC of China urged the government to introduce advanced technologies, such as AI and block-system in state structures. However, he warned that, although he believes in their potential, a centralized infrastructure is needed to achieve the maximum result.
🇪🇺 The European Commission intends to disclose plans for the regulation of financial technologies, including Blockchain. In the near future, a draft document will be published that examines general rules for the regulation of crypto-currencies, the standards of blocking, ICO. This will allow all countries, members of the EU, to act together.
🏦 Grayscale Investments has announced the launch of four new investment funds. The company opens one fund for investing in BCH, ETH, XRP and LTC. Grayscale plans to create more products for both one currency and several. Digital Large Cap Fund already invests in BTC, ETH, XRP, BCH and LTC.
🏵 The Central Bank of Lithuania is going to issue a "collection crypto currency". The Token will be released in honor of the centenary of the restoration of the statehood of Lithuania, which is celebrated this year, and also to show the world that Lithuania is a progressive and innovative country, always open to new ideas. The coin is intended only for collecting and will not be a means of payment.
🌐 Binance stopped withdrawing deposits. Reddit began to massively appear reports that popular crypto-exchange was hacked, and deposits of some customers were transferred without their participation in the coin VIA. While there are several versions of what happened: hackers broke API API and managed to remotely manage other people's deposits; The problem arose with the bot-service for automated trading, which began to merge other people's coins into VIA due to a malfunction or break-in (although many claim that they did not use bots). While official communications from the management of the exchange was not received.
📲 Japanese banks will release a mobile application with payment support via the Ripple network. Three members of the Japanese banking consortium: SBI Net Sumishin Bank, Suruga Bank and Resona Bank announced the development of the mobile application "MoneyTap". The novelty will allow the customers of banks to make instant internal payments through the Ripple block. To do this, you only need a bank account, phone number or QR code. The release is scheduled for autumn 2018.
📊 Coinbase launches an index fund for crypto currency. In the basket for the investment fund will be listed all the crypto-currencies that are traded on the exchange GDAX, owned by Coinbase. Potential investors will need to make an initial deposit in any Crypto currency or US dollars in the amount of at least $ 10 thousand.
👨⚖️ The New York court ruled that crypto-currencies are subject to regulation. According to the judge's decision, crypto-currencies are equivalent to goods and, therefore, are subject to regulation by the Commodity Futures Trading Commission (CFTC). The court ruling allows the filing of a fraud case started in January this year between the CFTC and the New Yorker Patrick McDonnell and his company Coin Drop Markets.
🚫 In China, began to block the accounts of crypto-birz in social networks. According to the local newspaper Caixin, the country's regulators forced WeChat social network to delete the account of the OKEx crypt exchange, as well as several other sites. Perhaps the reason for the blockage lies in the fact that the exchanges sell ICO tokens, neglecting the authorities' ban on their sale to Chinese investors.
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