1. In August 2018, ice, the parent company of the New York Stock Exchange, established bakkt, the cryptocurrency futures exchange. From the announcement to the final launch, bakkt's every move affects the hearts of many cryptocurrency traders. Insiders in the instry believe that bakkt's flagship financial instruments have the potential to bring earth shaking changes to the
bitcoin market in essence, especially in terms of market participants, liquidity and supply and demand trends, which are considered to be the engine driving bitcoin to a new high
in December 2018, NASDAQ announced its investment in the cryptocurrency exchange erisx. Compared with bakkt, although behind erisx are Nasdaq, CBOE, CME, fidelity and TD Ameritrade, one of the largest Internet Securities Companies in the United States, they are relatively unknown. But it was approved by the US Commodity Futures Trading Commission earlier than bakkt to launch compliant bitcoin futures
NYSE and NASDAQ are competing for the first place, and the London Stock Exchange (LSE), the largest stock exchange in Europe, is not willing to fall behind. In January 2019, the London Stock Exchange Group (lseg) announced that it would provide technology drive for atom asset exchange (AAX exchange) to enter the digital money market in a "curve entry" way.
2. Does not exist, now want to buy
digital currency to make money? I just want to ask you a question. If you don't choose the mainstream, the rest of the junk's circulation plate is just a little money. If you hold a little more money, are you sure you can sell it out? To put it bluntly, currency is a market value. What can pull a wave at the beginning of the market is speculation. That is, you can buy the currency price with very little money, and then you are fooled into buying it. When you want to sell, after the speculation, no one will buy it. Who will pick up your offer?
3. Can buy, worth investing
4. Do you think digital currency is MLM? In fact, we need to make a concrete analysis of this issue. At present, China has not issued legal digital currency, let alone promotion team. The basic routine of this kind of MLM is that in order to attract investors' investment in the early stage, the money price will be very high, and then the money will be sold intensively, the price will drop sharply, and the investors will lose all their money. What's more, when the money is returned, the platform is closed directly and the organizers lose contact. Then they go to other places to pack new concepts and continue to cheat according to similar deception methods. Compared with other pyramid schemes, digital money pyramid schemes generally have the following characteristics: first, there are real procts - digital money, and they are highly packaged; The second is that participants can get a head pulling reward, and the prize is the digital currency itself; Third, the digital currency will appreciate with the increase of the number of participants in the scam, and the number of participants who can obtain digital currency will also increase, including the lowest level participants will also make profits, but once entering the depreciation period, the bottom level participants will lose all their money. In fact, digital currency and MLM are different concepts and cannot be equated. Whether digital currency is pyramid scheme depends on whether it meets the conditions. Strictly speaking, not all digital currencies are pyramid schemes. Bitcoin, for example, is a digital currency, but not a pyramid scheme. Therefore, we must treat problems differently.
5. Bank of Malaysia: it does not recognize or prohibit the public from deciding on the future of virtual currency
the president of the National Bank of Malaysia, dansri Muhammad Ibrahim, said that the concept document of cryptocurrency will be finalized this month, and the future of the virtual currency will be decided by the public
he mentioned that Malaysia's response is slightly different from that of some countries that have decided to ban cryptocurrency. Malaysia will not ban cryptocurrency at present, but let the market decide the future of cryptocurrency. The key is that our country must understand what is inside it
however, on September 28, Dato Mohamad zabidi bin Ahmad, senior director and global head of CIMB, Malaysia's second largest bank, attended the launching ceremony of an exchange called "urcoin" and publicly expressed the bank's support for it
It can be seen from this that although Malaysia does not affirm digital currency as its legal tender, it has selected some projects to support it, observe its development and prepare for the future legislation
6. These so-called imported digital currencies are generally unreliable. They are mainly promoted by the marketing mode. In fact, they have no value. The so-called concept of their publicity does not exist. There is no technical support. It is just a digital game. And these coins will often play under the banner of an international or a company to cheat
it is suggested to pay more attention to the mainstream digital currencies such as bitcoin, Ruitai coin, Laite coin and vitality coin.
7. This so-called Malaysian MBI has long been proved to be a pyramid scheme. Also dare to play, either you are bold, or you are trapped, deceive more people into you. If you're cheated, go to the police. Most of these coins are pyramid schemes. Bitcoin, Ruitai coin, Laite coin and doggy coin can be called digital currency.
8. The use of digital currency license: 1. Packaging platform for publicity; 2. Developing OTC legal currency business of exchange currency trading and contract futures; 3. Platform compliance and risk aversion
9. Malaysia MBA has long been proved to be an international pyramid scheme. I've seen relevant news reports before. Users can query by themselves. It is recommended to stay away from it. If you don't understand digital currency, you should stay away from it. If you are interested, you should pay attention to some valuable digital currencies. For example, bitcoin, dogcoin, decent
needless to say, bitcoin has been widely recognized and accepted in the world. Dog Coin focuses on small rewards and charitable donations; Decent is a distributed content publishing platform based on
blockchain technology.
10. Compliance is the general trend of the development of the digital currency instry. Although the supervision of digital currency in various countries is becoming more and more mature and strict, it is good for the long-term development of the instry. Only by providing a qualified and standardized market for digital currency can the instry develop healthily and the participants can enter on a large scale, In addition to a developed country taking the lead in the standardized development of digital currency, a number of minority countries and archipelagos are also following. They are actively using digital currency to upgrade and transform the original economic system, and are standing out on the road to the future of blockchain era
Malaysia updated its legal framework in 2018 and adopted cryptocurrency regulatory rules,. According to them, exchanges, exchanges and organizations that convert non statutory funds are referred to as "reporting agents.". Control in this area is vested in the National Central Bank (the National Bank of Malaysia) and the Securities Commission, the main regulator. It must regulate relationships within the ICO framework and issue licenses for the exchange of cryptocurrency
The change of digital money market is not only influenced by its own growing mature factors, but also by national policies. Looking around the world, countries have different policies on digital money, ICO and exchanges, but also have different regulatory attitudes towards digital money, It also directly determines the settlement choice, survival and development of blockchain project parties and enterprises related to digital assets, and whether the assets of digital currency holders are protected by law
