According to Lempres, the Securities and Exchange Commission (SEC), which is responsible for securities trading, considers cryptocurrencies to be marketable securities, while the Commodity Futures Trading Commission (CFTC)Bitcoin price value, which completely controls the trading of commodity derivatives, claims that tokens are commodities. The Financial Crime Enforcement Network (FinCEN), which has the right to talk about KYC (Know Your Customer) and AML (Anti-Money Laundering) matters, considers tokens to be currency. At the same time, according to the U.S. Internal Revenue Service (IRS), digital tokens should be considered tax-compliant property. In Lempres' words, there is currently an extremely lack of coordination among various departments.
According to TheNextWeb report, software security company Coveware recently released a report on ransomware attacks, showing that in the first quarter of 2019, victims’ cryptocurrency ransom payments to ransomware attackers increased by nearly 90% compared to the previous quarter.
"Securities Daily": Since November this year, regulatory agencies in Beijing and many other places have launched a heavy attack on encrypted digital currency trading and platforms. According to the "Financial Stability Report (2019)" issued by the Central Bank, since 2018, 173 domestic encrypted digital currency trading and token issuance financing platforms have all achieved risk-free exit. How do you see the future regulatory trends?
In addition, the lack of custody of cryptocurrency assets has always hindered institutional funds from entering the cryptocurrency market. Encrypted assets are currently facing risks such as loss of private keys and currency theft by hackers. Professional third-party custodians are urgently needed for asset custody to enable institutional users to dispel doubts and enter the game calmly.
From the following U.S. dollar index (the strong U.S. dollar relative to a basket of foreign currencies) and the EEM index of exchange-traded funds, it can be seen that the performance of emerging market economies is closely and negatively correlated with the strength of the U.S. dollar. The index tracks large and mid-capitalized stocks in emerging markets (South Korea, India, and Latin Bitcoin price valueAmerica have higher weights).
The BitcoinABC team and volunteers held a video conference earlier this month to answer some questions about the BCH upgrade. Someone asked ABC developers why BitcoinSV dislikes Canonical Transaction Sorting (CTOR). BCH miner and developer Jonathan Toomim replied that BitcoinSV was wrong about CTOR.
The Coin World Research Institute was established in August 2018. Its main research content includes technical research, industry analysis, application innovation, and model exploration in the blockchain field. We hope to build a research platform covering the entire blockchain industry chain, provide a solid theoretical foundation and trend judgments for people in the blockchain industry, and promote the development of the entire blockchain industry.