PA weekly Tesla purchased $1.5 billion bitcoin; North America’s first bitcoin ETF approved

Abstract: the first bitcoin ETF in North America has been approved by Canadian securities regulatory authorities; NASDAQ encrypted ETF has started trading on the Bermuda stock exchange; Tesla has invested a total of US $1.5 billion in BTC; bitpay will provide support for payment services for apple, Google and Samsung; funds invested in bitcoin by funds under Bill Miller, a big investor, through gray scale investment. According to the statistics of panews, there were 18 project financing acquisitions in the blockchain field announced this week, involving an amount of about 436 million US dollars (excluding the projects that have not yet disclosed the specific investment and financing amount). The scope of investment and financing projects involves agreement, custody, defi, IOT and other fields. 1. The Australian regulator said that the ETF is open to the outside world, and the Australian Securities and Investment Commission (ASIC) has clarified its position on the ETF against the special currency, saying that it is open-minded as long as investors are protected by appropriate rules. Regulators said bitcoin ETFs were possible and that for any product quoted on the Australian exchange market, appropriate rules would need to be in place in specific markets. Meanwhile, Australian Stock Exchange chief executive Dominic Stevens said it had taken a cautious approach to cryptocurrency related products but was considering them. The State Council issued the regulations on the prevention and disposal of illegal fund-raising, referring to virtual currency. On February 10, the State Council issued an order of the State Council of the people’s Republic of China. The regulations on prevention and disposal of illegal fund-raising, which was adopted at the 119th executive meeting of the State Council on December 21, 2020, is hereby promulgated and shall come into force on May 1, 2021. Article 19 of the regulations on prevention and disposal of illegal fund-raising points out that in case of illegal fund-raising by issuing or transferring stock rights and creditor’s rights, raising funds, selling insurance products, or absorbing funds in the name of engaging in various asset management, virtual currency and financial leasing business, the leading department for handling illegal fund-raising shall timely organize relevant industry competent departments, regulatory departments and state affairs The branches and agencies of the financial management department of the Institute shall conduct investigation and identification. 3. The Nigerian SEC has called off the encryption supervision sandbox program. On February 12, the Nigerian securities and Exchange Commission (SEC) announced that it would stop the cryptocurrency supervision plan to support the encryption ban implemented by the Central Bank of Nigeria. An official statement said the assessment of all persons (and products) affected by the previous central bank circular will be suspended until these people and products can operate their bank accounts within the Nigerian banking system. The Nigerian securities and Exchange Commission has recognized digital assets as early as September 2020. At the time, it said it would create a regulatory sandbox for cryptocurrency to promote full regulation of the cryptocurrency market. But after the central bank announced the encryption ban, the SEC’s previous statement came into conflict with it. Meanwhile, the SEC said the proposed regulatory sandbox for capital market focused non crypto fintech companies would continue as planned. Earlier, on February 6, the Central Bank of Nigeria announced a total ban on the trading of bitcoin and other digital assets, and asked financial institutions to close bank accounts related to cryptocurrency. 4. The Central Bank of Kenya has explored the use of bitcoin to combat the devaluation of the French currency. Patrick njoroge, President of the Central Bank of Kenya, said that Kenya plans to enter the bitcoin field by converting the basic currency of Kenya (French currency) into bitcoin, because bitcoin can solve the problem of currency depreciation in Kenya. It is reported that shilling, Kenya’s national currency, has been on a downward trend in the past few decades. Since 2010, shilling’s exchange rate against the US dollar has fallen by nearly 50%. Kyrgyz central bank plans to implement encryption license system on February 12, kunbek abdygulov, chairman of the Central Bank of Kyrgyzstan (nbkr), said that the central bank planned to grant the operators of cryptocurrency exchange the license to purchase and sell cryptocurrency. He said the licensing system would eliminate the risk of fraud on encrypted exchanges. Earlier, it was reported on January 6 that Kyrgyzstan’s central bank planned to launch two encryption bills to combat terrorist financing and fraud. It is mentioned that local exchanges need to comply with the legal framework and tax system to combat encryption fraud, and apply for operating licenses. (Finance magnates) 6. The mayor of Miami is making a resolution to include bitcoin in the balance sheet, proposing to pay employees bitcoin wages. On February 9, Francis Suarez, mayor of Miami, revealed on twitter that he was making a resolution for the meeting to include bitcoin in the balance sheet of Miami City. On February 11, Miami mayor Francis Suarez proposed a resolution that would allow municipal workers to choose whether to use bitcoin for part or all of their wages. Francis Suarez also proposed in the draft resolution that urban residents be allowed to pay property taxes or city fees in cryptocurrency. Although bitcoin is a volatile cryptocurrency, Francis Suarez said he supported bitcoin and even planned to have his city manager analyze the possibility of investing “a limited amount of government money” into it. 7. India will completely ban cryptocurrency investment, with investors having a three to six-month transitional period. On Thursday, an unnamed “senior official of the Ministry of finance” was quoted as saying by the Indian government that cryptocurrency investment would be completely banned. The official said the ban would not be imposed overnight. The government will give existing investors a transition period of three to six months to liquidate their investments. As the Central Bank of India does not support cryptocurrency, the government will introduce a law prohibiting the use of cryptocurrency in any form, the official said. The ban is also said to restrict cryptocurrency transactions through foreign exchange. 1. The first bitcoin ETF in North America has been approved by Canadian securities regulatory authorities, and the first bitcoin Exchange Traded Fund (ETF) in North America has been approved by Canadian financial regulators. The bitcoin ETF was approved by the Ontario Securities Commission and the Prospectus has been filed in the UK and Canada under the multilateral document 11-102 passport system, according to a decision document on Thursday. Note: qbtc or btcg that have been launched are closed-end funds, and gray-scale ones are trust funds. (coindesk) 2. NASDAQ crypto Index ETF began trading on the Bermuda stock exchange. On February 9, the hashdex NASDAQ crypto Index ETF was unveiled and traded on the Bermuda stock exchange. Both S & P worldwide and the Chicago Options Exchange have announced their intention to launch a crypto index, which may one day provide support for such products. According to the previous news, in September 2020, hashdex, a regulated Brazilian fund management company, signed an agreement with NASDAQ to launch the world’s first bitcoin ETF on the Bermuda stock exchange. (the block) 3. Blockfi, the crypto asset lending platform, has launched bitcoin trust. On February 9, blockfi, an encrypted asset lending platform, has officially launched a new bitcoin trust. Blockfi said the trust would issue shares through private placement. Global institutions and other qualified investors will acquire trust shares in the near future, which will be extended to include qualified individual investors in the United States. The custody of bitcoin associated with the trust will be held by fidelity digital assets, an encryption focused subsidiary of Fidelity Investments. Earlier, blockfi filed a bitcoin trust with the SEC on January 30. (the block) 4. Former acting director of the U.S. OCC: it is expected that SEC and ripple will reach a settlement and resume the XRP transaction. According to the information on February 10, in response to the lawsuit filed by the SEC against ripple, former acting director of the U.S. Office of the monetary supervision, Brian Brooks, said that there is a difference between the distribution of assets and the nature of assets in a specific period of time. The issue of XRP token ten years ago is different from whether XRP is a security. The SEC itself has said that as assets become effective and decentralized, the nature of assets changes over time. Brian Brooks expects some form of settlement between the SEC and ripple and will allow encryption companies to legally resume XRP transactions in the United States. (the daily hodl) 5.1inch airdropped the 1inch token worth about 83 million US dollars to the encrypted community. The 1inch foundation has airdropped 15.055 million pieces of 1inch to the encrypted community at 1:00 a.m. on February 13, Beijing time, with a value of about 83 million US dollars. The details are as follows: 1. 3.57 million pieces of 1inch were distributed to 1308 participants in the second liquidity mining plan; 2.4 million pieces of 1inch were distributed to 9094 users who had interacted with moonisswap before December 24; 3.310000 pieces of 1inch were distributed to limited price order users; 4.375 million pieces of 1inch were sent to argent, authoreum, gnosis and pillar wallets through transaction repeater; 5. To some uniswap users Six million 1inch tokens were dropped by air. Uniswap users are required to interact with uniswap within at least 20 days, have made at least three transactions in 2021, and have not interacted with 1inch or moonisswap. 6. PayPal’s UK crypto payment service will support BTC and other four currencies for the first time. It was announced on February 12 that PayPal would provide cryptocurrency payment services to the UK market in the next few months. The service will support four cryptocurrencies, namely BTC, ETH, BCH and LTC, which are the same as those supported by the first cryptocurrency service open to us users. PayPal announced that it would provide cryptocurrency payment services to the UK market in the next few months, and its mobile payment application venmo encryption service is expected to be launched in the first half of the year. 1. The ninth city announced to purchase more than 10000 bitcoin mining machines again. On February 8, according to the official website, the Internet enterprise No.9 city (NASDAQ: NCTY) announced that it had signed a legal Memorandum (MOU) with six mine machine owners to purchase a batch of bitcoin digital currency mining machines by issuing new shares. This batch of equipment will include bitcoin mining machines of different brands such as bitcontinental, Avalon and Shenma, with a total number of 10489, and the total computing power is about 251ph / s. The mining machines have been deployed in Xinjiang, Qinghai, Inner Mongolia and other places. At the same time, the ninth city announced that it had signed a formal purchase agreement with five mining machine owners who signed the purchase memorandum on January 25 this year. 26007 bitcoin mining machines will be officially delivered to Jiucheng, which will be included in the bitcoin mining amount of Jiucheng. After the completion of the two purchases, 36496 bitcoin mining machines will be deployed in the ninth city, and the total computing power will be upgraded to about 800ph / s. 2. Yibang has completed the research and development of leycoin (Dog Coin) mining machine chip. Yibang recently said that it has completed the research and development of leycoin (Dog Coin) mining machine chip, and will launch mining machines with better performance than similar products in the market. The current market value of Yibang is $840 million. Before that, Jinbei just launched the latest LT5, which has a computing power of 2.05g, a power consumption of 2080w and a price of 18000 yuan. 1. Tesla has purchased $1.5 billion of BTC and will accept payment in bitcoin. On February 8, Tesla disclosed in its latest announcement that it has purchased $1.5 billion worth of bitcoin. According to the announcement, in January 2021, we updated our investment policy to provide us with greater flexibility to further diversify and maximize cash returns. Under this policy, a total of US $1.5 billion has been invested in TCD and may acquire and hold digital assets from time to time or over a long period of time. In addition, it is hoped that in the near future, in accordance with applicable law and on a limited basis, we will begin to accept bitcoin as the payment method for our products, and we may or may not liquidate after receiving payment. This means that bitcoin may become Tesla’s payment method in the future. 2. Bitpay will provide support for apple, Google and Samsung payment services. Bitpay, a bitcoin payment service provider, supports Apple’s mobile payment and e-wallet service Apple pay, and plans to support Google pay and Samsung pay later this quarter. 3. Ark investment management company has increased its investment in GBTC, holding more than 350 million U.S. dollars. According to the official website of the securities and Exchange Commission, ark investment management has increased its investment in the gray bitcoin Trust Fund (GBTC). According to the 13F position report submitted on February 12, Fangzhou investment management company said it had 7307228 gbtcs as of December 31, 2020. Based on the price of each GBTC of $48 on February 11, the company held more than $350 million of the fund. In November 2020, the company held 5170460 gbtcs. 4. Twitter is considering adding BTC to its balance sheet. Ned Segal, Twitter’s chief financial officer, said in an interview with CNBC on February 10 that Twitter was considering adding bitcoin to its balance sheet. “We’ve done a lot of upfront thinking about how we’ll pay if employees ask to pay in bitcoin, how we’ll pay if suppliers ask for it, and whether we need to use bitcoin on our balance sheet,” said ned Segal 5. The famous fund invests in bitcoin through gray scale bitcoin investment. According to the disclosure documents of the securities and Exchange Commission of the United States, the Miller opportunity trust of Bill Miller, a famous fund investor, will indirectly support bitcoin through the gray bitcoin trust fund GBTC. According to relevant investment details, Miller’s fund will be prohibited from making additional investment in gray bitcoin funds if its investment scale accounts for 15% of its total exposure to gray bitcoin funds. Miller was one of the early supporters of bitcoin, who was said to have made public his cryptocurrency holdings as early as 2014. In October 2017, Miller told the Wall Street Journal that his mvp1 fund owned 30% of bitcoin assets. According to data compiled by Bloomberg, Miller opportunity trust is about $2.7 billion, and its five-year return on investment is about the top 2% in the industry. However, before December 31, 2020, the fund mainly invests in stocks and does not focus on cryptocurrency. 7. U.S. listed companies immerse themselves in technology in the future or will buy bitcoin and other cryptocurrencies in the future, according to the latest sec document (Code: IMMR), US listed companies may choose to buy bitcoin and other cryptocurrencies in the future, according to the latest sec document. At the same time, the introduction of technology into the document mentioned that the price of bitcoin and other cryptocurrencies is highly uncertain, which is affected by regulatory, trade and technical factors. 8. Morgan Stanley’s investment arm is considering bets on bitcoin. According to people familiar with the matter, Morgan Stanley’s $150 billion investment arm, known for picking growth stocks, is considering adding bitcoin to its list of possible bets. According to people familiar with the matter, the Department is exploring whether the cryptocurrency will be the right choice for its investors. Investment in TCD also requires approval from companies and regulators. A Morgan Stanley spokesman declined to comment. 1. Public Mint announced the completion of the US $2.5 million strategic round of financing, which will focus on the public sales of mint. According to official information, public Mint announced the completion of a $2.5 million strategic round of financing, including black edge capital, spark digital capital, au21 capital, Woodstock, genesis block ventures, kenetic capital and solid ventures. The official said that after the completion of financing, it will focus on the public sale of mint and the launch of mint token, and more information will be released in a few days. 2. Litelink, a blockchain solution provider, completed the private placement of C $1.05 million, and litelink announced that it had completed the private placement previously announced. The private placement of 10050000 shares of common stock at a price of C $0.10 per share, and the total amount of funds raised is $1005000 (US $790000). The proceeds will be used for future acquisitions and organic growth investments of the company, including the operations of subsidiaries and / or portfolio companies, working capital and general corporate purposes. The company also announced the change of its OTC stock trading code from llnkf to llnkd. It is reported that litelink is a company focusing on emerging technologies in growth fields such as encryption, blockchain, artificial intelligence and cloud technology. (PRNewswire) 3. The decentralized financial platform CELO has completed the financing of US $20 million, and a16z participated in the investment of February 10. According to the news on February 10, the decentralized financial platform CELO has completed the financing of US $20 million, and valora, the first point-to-point payment and mobile payment application based on the CELO platform, was officially launched. Investors in the round include Andreessen Horowitz, Greenfield one and electric capital. This round of financing brings the total financing of CELO to 65 million US dollars, and the previous investors of CELO include Jack Dorsey and coinbase ventures. (the block) 4. Balancer obtained $5 million investment led by Sanjian capital and defiance capital. According to the news on February 11, the DFI project owner balancer labs announced that it had obtained a round of US $5 million investment led by three arrows capital and defiance capital. The two venture capital companies have now joined Pantera capital and Alameda research to invest, bringing the total amount of round a financing of balancer to $12 million. (cointegraph) 5. The intelligent transportation supply chain service provider, the collection truck, has completed the RMB 15 million pre sto financing, and the intelligent transportation supply chain service provider has announced the completion of the 15 million RMB pre sto round financing. This round of pre sto financing will further support the business model upgrading and global issuance of digital securities. The company plans to complete the registration of compliance securities in the United States in 2021 and issue them globally, with a plan to raise $20 million. 6. Compute north, an encryption miner, has raised $25 million to expand its business. On Feb. 12, compute north, a U.S. bitcoin mining infrastructure provider, announced that it had raised $25 million to expand its business. The new round of financing will be in the form of equity (US $10 million) and debt (US $15 million), mainly from family offices, partners and industry leaders. Details of the expansion plan will be released in the future, officials said. (the block) 7. Voyager digital has completed a $100 million private placement of common stock. It was announced on February 12 that the crypto asset broker Voyager digital has completed a $100 million common stock private placement. (PR Newswire) 8. NFT start-up dapper labs raised $250 million in a new round of funding led by coatue management. (the block) 9. Synthetix has completed the financing of US $12 million. It was announced on February 14 that synthetix has obtained US $12 million in financing under the leadership of paradigm, coinbase ventures and iosg ventures. The financing funds will be used to purchase SNx from synthetixdao, contribute to the agreement by providing liquidity in the form of SNx collateral, and will participate in its fast-growing community governance system. 10. The Boca ecological defi project stone has raised US $1.5 million, and Signum capital and others have participated in the project. Stone announced the completion of US $1.5 million financing. The main investors include Signum capital, Arrington capital, longash ventures, trgc, dealean capital, nabais capital, hillside capital, YBB, Paka, stafi, ankr, ramp, etc. 11. Ledn, a bitcoin loan provider, raised US $2.7 million in seed round financing on February 9, which was invested by white star’s digital asset fund, coinbase ventures, Darrow holdings, CMT digital, etc. (the block) 12. Plasma, Boca’s smart contract platform, has completed $2.4 million in financing; binance labs has led the investment in plasma network, a smart contract platform based on Boca; binance labs has led the investment; hashkey capital, longhash ventures, digital finance group and Paka ventures have followed. The main advantage of plasma network is that it is compatible with Ethereum and layer 2 solutions. Recently, it obtained the parallel chain slot of poca test network, and deployed the first smart contract on Rococo. At present, ZK rollup expansion solution is being developed. 13. Apyswap obtained $1 million in early financing, NGC and asymm ventures led the investment in decentralized cross chain trading machine gun pool agreement, and NGC and asymm ventures led the investment, with other investors including Genesis block ventures, Kyros ventures, cryptobriefing, coin98, and Matthew Tan, the founder of Etherscan. 14. Superfarm completed $1.2 million of strategic round financing, and spark digital capital and other investors announced the completion of $1.2 million strategic round financing. The investors include animoca brands, bitcoin.com, black edge capital, spark digital capital, genesis block ventures, au21 capital, Woodstock, solid ventures, etc. According to reports, superfarm is a cross chain defi protocol designed to provide utility by converting tokens into NFT farm (without any code). 15. Polkamarkets of Boca ecological defi project completed a US $625000 strategic round of financing, and polkamarkets completed a US $625000 strategic round of financing. The investors include moonrock capital, Morningstar ventures, NGC ventures, astronaut capital and spark digital capital. Polkamarkarkets aims to solve the problem of low usage and low volume by motivating liquidity providers and traders to facilitate and hold large positions, while ensuring an efficient and trustworthy market through curation and resolution systems. 16. Valiu, a cross-border remittance start-up company, has completed $5.25 million seed round financing. Valiu, a Columbia based cross-border remittance start-up based on blockchain technology, announced the completion of $5.25 million seed round financing, led by blockchange ventures and Anthony pompliano (through pomp investments), and Ryan, founder of Castle Island and messari Selkis, Alex pack, investment consultant of firecoin strategic investment department, and existing investors y combinator, IDEO colab, Mercy Corps and other rock stars participated in the investment. In addition, Terry Rossi, head of investment at blockchange ventures, joined valiu’s board. 17. Refixer labs of the defi project completed a round of financing of US $4.14 million, and refixer labs of the defi project announced the completion of round a financing, with Pantera capital and lemniscap leading investors, metacartel ventures, the Lao, divergence ventures, kaiynne, kaiynne, founder and CEO of AAVE, etc. Reflexer labs is currently building a non anchored, ETH only stable asset Rai, which is expected to be launched within a week to provide defi with a mortgage asset that is both price stable and decentralized. Reflex labs raised $4.14 million in round a financing. (coindesk) 18. Jasmy completed the financing of tens of millions of yuan, and institutions such as ICBC capital participated in the investment. On February 14, jasmy announced that it had obtained investment of more than 10 million yuan from six well-known investment institutions, including ICBC capital, blockasst Management Pte Ltd, wxy, bitrice capital, chain capital and turbine capital. Jasmy is an IOT project of Internet of things (IOT) founded in Japan, which is committed to protecting personal data and building a decentralized autonomous world.

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