Weekly | China blockchain policy application of anti fraud center was formally established; South Korean lawmakers to promote encryption Currency Trading Act (11.26-11.30)

 Weekly | China blockchain policy application of anti fraud center was formally established; South Korean lawmakers to promote encryption Currency Trading Act (11.26-11.30) This week, the good trend of block chain and digital monetary policy significantly.

Abroad, good news. South Korean lawmakers launched to promote the encryption currency trading act; provisions of the tax agency, the virtual currency was not hard branch tax before trading; French regulators criticised tobacco bitcoin plan.

At home, Chinese blockchain anti fraud Technology Application Center was formally established in Hangzhou; Yuhang innovation park officially opened, including the blockchain incubator.

Currency market

Bitcoin BTC at $4115, 7 days, up and down -4.85%%;

Reboxetine currency XRP reported $0.36216 in 7 days, up and down -11.96%;

Ethernet Fang ETH reported $115.02 in 7 days, up and down -7.07%;

The above currency market data acquisition time for 11 2018 30 at 18 on 50.

 Weekly | China blockchain policy application of anti fraud center was formally established; South Korean lawmakers to promote encryption Currency Trading Act (11.26-11.30)

Photograph: Invsting.com Chinese station site

This week the focus

International Forum

A good news

South Korean lawmakers launched to promote the encryption currency trading act

South Korean lawmaker Kim Sun-dong proposed an encryption and encryption currency transactions promote the development of exchange act. In addition, human capital and internal systems and other requirements, the bill also proposed the establishment of a committee to promote and support the encrypted transaction. Kim said, “digital asset trading promotion law” includes a comprehensive plan to promote the development of guidelines for encryption currency exchange and block chain technology development, tax reduction and exemption, to prevent hacker attacks and prevent the interference of the market.

Seminar on Japan’s financial services agency: should establish provisions to protect users and transactions, instead of banning ICO

Japan’s financial services agency today held the tenth Symposium on encryption currency exchange, it was suggested that the basic idea of ICO financial supervision, there are many fraud cases based on at the right to seek self responsibility at the same time, should establish certain rules, to protect users and ensure appropriate transactions, instead of banning ICO. With the ICO token has a high degree of information asymmetry, circulation and other common characteristics of the securities regulation can be used as reference.

French regulators criticised tobacco bitcoin plan

The French regulator AMF said the French financial technology company Keplerk unregulated products for tobacco sales through encryption money not for retail investors.

Japan national tax office: virtual currency obtained by hard branch before trading without tax

The Japanese tax office 11 21 April encryption currency transaction report explains about the virtual currency tax problems. The enterprise through the virtual currency transaction tax, personal business income (transaction), inheritance tax and gift tax, the virtual currency was not hard branch tax before trading, individual salary by virtual currency issued without tax. The acquisition time of the fair value of the virtual currency mining obtained by calculation, machine will calculate the costs and other expenses.

Two, steadily

South Korea development block chain voting system

Korea Science and information communication technology will develop the blockchain voting system, the system will be tested in the private sector for 12 months. The government said that the system of the latest development in voter authentication and save the results in application of block chain, which will improve the transparency and safety.

The president of Venezuela: Beach visitors can use encryption currency to pay the bills

Venezuelan President Nicholas Maduro (Nicol s Maduro) announced that the country’s Beach visitors can now use encryption currency for their bills. Local media quoted Maduro as saying that the ruling only applies to some of the “economic zone”, including tourism, including the northern state of Falcon Beach, Margarita and La Tortuga islands and Archipelago de Los Roques.

Three, regulatory upgrades

Malaysia finance minister Lin Guanying: the introduction of encryption currency must be through the national bank authorized

Malaysia finance minister Lin Guanying said that the introduction of encryption currency must be through the National Bank (Bank Negara) to allow, because they have the right to make the final decision. He said in parliament, the government will not hinder, but must act in accordance with the rules.”

Thailand securities and Exchange Commission warned 14 unauthorized encryption money operators

Thailand securities and Exchange Commission (SEC) 14 unauthorized cryptocurrencies operators, they attract customers to buy and sell encryption currency and related products. The regulator said, these operators in the country to carry out encryption service. At present, only seven companies have been approved to carry out temporary encryption service.

Domestic plate

A good news

China block chain technology application center was officially established anti fraud

Application of block chain technology development committee China electronic commerce association director Tang Qihang micro-blog said the article, today by the electronic commerce association, working committee block chain technology development and application of Xi’an Municipal Public Security Bureau jointly set up the “China blockchain technology anti fraud centre”, the next will be heavy regulation on the use of a block chain issued coins, pyramid coat money, money, money copycat bifurcation disc, telecommunications fraud, as well as from the media black script writing a new network of criminal fraud, and other illegal activities.

Hangzhou Yuhang innovation park officially opened, including the blockchain incubator

Yesterday, Hangzhou Yuhang District East of the creative industries in Yuhang economic and Technological Development Zone block chain incubator, inno innovation space six Bay run innovative park officially opened. These parks, vertical field incubation space focusing industry segments, covering the blockchain technology, medical devices, artificial intelligence industry etc.

The establishment of the Wenzhou research center of block chain

The afternoon of November 30th, Wenzhou city block chain research center, research center focused on landing in Wenzhou boost block chain technology application and industry, boost Wenzhou real economy, innovation and development.

Two, regulatory upgrades

Economic Information Daily: block chain financial regulation will upgrade technology

A recent series of regulators sound, released to the market of financial supervision will upgrade the technology of signal. On the one hand, science and technology will be more use in the regulation, on the other hand, for a large technology company financial business supervision will be more stringent, and real-time intervention. Insiders said that the financial science and technology has become the key areas of the layout of the financial resources. The application block chain, cloud computing, big data, artificial intelligence technology, brings new opportunities for financial innovation and the development of new technology, but some distorted, large technology companies risk phenomenon is also a huge challenge to the financial security. The relationship between financial supervision technology needs to balance innovation and risk prevention.

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