The latest news of bitcoin stop in Inner Mongolia
The so-called "this; mining & quot;, It sounds a bit indecent. In fact, it is a server of the so-called distributed database
in the future, with the continuous increase of international trade volume and the continuous development of Internet platform economy, the whole international community, especially our netizens on the Internet platform, is eager to meet the demand for internet currency
of course, in the end, we have many Internet currencies, which one will become the mainstream settlement currency in our international trade and Internet platform. There is no clear answer to this question
because it involves a large-scale local power consumption, it is not so surprising that bitcoin account packaging business, which has an uncertain future, is treated like this in today's popular low-carbon economy, when the government and enterprises often need to be assessed for carbon emissions
in addition, we should also note that Internet money, in fact, poses a strong threat to central banks. It shows a tendency to replace it completely. So, it is also possible that our local governments and local regulatory departments may have received relevant instructions from the central bank system, for example, to shut down the Internet money business
Malta is an island country, a capitalist country with developed economy. Its economy is dominated by service instry and financial instry, and tourism is the main source of foreign exchange
the Maltese Government highly supports the blockchain instry. Coin an went abroad in 1994. At that time, there was no legislation in Malta. The Prime Minister of Malta met with the person in charge of coin an, and the blockchain instry moved into Malta one after another. The Department responsible for digital currency licensing in Malta is MFSA
Malta, known as the paradise of blockchain and digital currency, is increasingly improving its policy on digital currency and exchange. In April 2018, the Maltese cabinet passed the virtual financial assets bill (VFA) and the Maltese digital innovation Authority Bill (mdia)
the VFA bill gives the Malta Financial Service Authority (MFSA) the necessary powers to supervise the exchanges, such as issuing instructions, adopting rules, obtaining information from the exchanges, and terminating the operation of ICO. The mDia Act establishes the "Maltese digital innovation authority" (mdia), which will be responsible for licensing and registration issues
in addition, the joint Co-ordination Board (JCB) of Malta will be responsible for coordination when mdia and traditional departments overlap. At the same time, as a member of the European Union, the establishment of an exchange in Malta may also need to meet the relevant provisions of the EU anti money laundering directive
What are the requirements for applying for Maltese digital currency license:
first of all, it must be a blockchain enterprise, which is composed of experienced blockchain practitioners. It needs to register a Maltese company and submit the company name and registrant information
1
2. Provide the name of Maltese company
3. Director information
4. Registered address (Maltese local address)
5. Apply for VAT number
6. Local secretary
the anonymity of cryptocurrency is a challenge to the supervision of various countries, and Malta has always been friendly to cryptocurrency and investors. After the Maltese company is registered, it can start to apply for a license in Malta;
Recently, bitcoin and Ethereum's two major digital currencies have gone up and down, which has led to a new upsurge in mining. However, the waste of electricity in mining has also become a hidden danger. Inner Mongolia officially announced today that all virtual currency mining projects will be closed at the end of April. The development and Reform Commission of the Inner Mongolia Autonomous Region recently issued the "on ensuring the completion of & lt; The fourteenth five year plan; It is planned to comprehensively clean up and shut down the virtual currency mining projects, withdraw all of them before the end of April, and prohibit the construction of new virtual currency mining projects. Inner Mongolia has set the goal of double control of energy consumption in 2021, that is, the energy consumption per unit GDP will decrease by 3%, the increment of energy consumption will be controlled at about 5 million tons of standard coal, the growth rate of total energy consumption will be controlled at about 1.9%, and the energy consumption per unit instrial added value (equivalent value) will decrease by more than 4%. The consultation period is from February 25, 2021 to March 3, 2021{ RRRRR}
according to 2020 data, the power consumption of a single bitcoin transaction is equivalent to that of a British family in the past two months. According to researchers at Cambridge University, bitcoin consumes about 121.36 billion kilowatt hours (TWH) of electricity a year, which is unlikely to decrease unless the value of bitcoin declines
How big is121.36 billion kilowatt hours (TWH)? By comparison, bitcoin's annual power consumption exceeded that of Argentina, the Netherlands and the United Arab Emirates, and approached that of Norway. Enough to see, the virtual currency mining project is really electricity consuming
