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Central bank of China conducts the first test of its digital currency
According to the local environment of news Caijing, the initial pilot for the Central Bank of China is scheduled for the city of Shenzhen before the end of 2019, and possibly may include the city of Suzhou. Under the auspices of the central bank of China, the people’s Bank of China, the four major banks, and the principal participants in the economy, such as China Telecom, will test the payments in digital currency. The currency itself has been developing for several years and was already in an advanced stage when Beijing formally approved the use of the technology blockchain in October.
Bakkt has launched with its options Bitcoin and futures contracts with cash settlement
The signature sister of the New York Stock exchange announced today in a blog post that is using its contracts of Bitcoin physically established as a point of reference to support the new products, which were announced in the last few weeks. The publication of the blog compared to the ambitions of Bitcoin of Intercontinental Exchange with oil futures Brent crude oil. The company launched a series of swaps, options and futures contracts based on the product of crude oil, and expects to continue “a playbook similar” to grow their products related to Bitcoin. The publication also included a registration link for people interested in be updated in the application of consumer Bakkt, with the link itself by asking those who register to specify whether they are consumers or merchants. Bakkt announced the application in October, saying it would help consumers pay for the products that use bitcoin. Starbucks will be a partner of launch when the application to be in operation next year.
The brazilian police revealed alleged fraud cryptographic
The brazilian police has closed a course plan of investment of Bitcoin that, as they allege, stole 1,500 million brazilian reais ($ 359 million). According to the government of the state of Paraná, the civil police in the state raided last Thursday to an organization not identified in Sao Paulo, Curitiba and other regional cities, alleging that the group promised up to 5000 victims who might get profits, soaring investment in bitcoins. The scammers targeted his network of victims through social networks. After the victim sent the funds, the suspects were told to wait while their investments were growing between a three and a four percent on the day. But the victims were not allowed to retire, claimed the police, and his money disappeared. The investigation of four months, culminating Thursday when the police presented charges of fraud, money laundering, criminal association and counterfeiting against the group. They arrested nine people in an operation in SWAT, which involved 50 officers, 20 vehicles and a helicopter.
South korea seeks to aggravate transaction cryptographic
The South Korean government plans to tax capital gains on transactions of cryptocurrencies. A report from The Korea Times reveals that the Ministry of Economy and Finance of the country will draw up a revised bill to introduce the measure in the first half of 2020. In parallel, the National Assembly of Korea is in the process of advancing a project of law related designed to increase the transparency in the trade of cryptocurrencies. If approved, the new regulations would take effect a year after the plenary session of the Assembly. Although, according to the reports, the law on capital gains the government will continue regardless of the legislation, The Korea Times notes that it will require a more adequate definition of the cryptocurrencies digital assets and to provide clarity to the interventions of the government. The following two tabs change content below. Venezuelan, student of the last semester of Social Communication. Attracted by the new technologies and the development that they offer to humanity.