MPI virtual currency
bitcoin price accelerated to rise at the same time, there has been a more rapid decline in the callback
according to the price of coindesk on bitcoin news and information network, on January 11, the price of bitcoin fell to about US $30305, down 27.78% from the highest price of US $41962 in history. In other words, the price of bitcoin fell from $40000 to $30305 in just over a day. Before that, bitcoin took six days to rise from $30000 to $40000
from the macro-economic environment, Yu Jianing believes that the correction on January 11 can be regarded as a hedging measure taken by overseas mainstream investment institutions. He believes that one of the reasons for bitcoin's rise this year is the continued decline of the dollar index. At present, Biden's government is coming to power, "bad is good", the dollar may rebound, global commodity assets have a significant correction, and the digital asset market will adjust accordingly
in recent days, the US dollar index has risen significantly. As of press release, the US dollar index is about 90.49, down 0.06 from the previous day and up 1.16% from the closing price of 89.42 on January 6
he also pointed out that many bitcoin miners choose to sell at relatively high prices. According to cq.live, the miner's position index (MPI) has reached its highest level this year. The MPI index is higher than 2, which indicates that miners tend to sell bitcoin after mining; If MPI is negative, it indicates that they are optimistic about the short-term trend and choose to hoard bitcoin. At present, the value is about 5.26, indicating that the miners are selling bitcoin on the over-the-counter market or exchange. In addition, bytetree data also shows that in the past week, bitcoin miners g out 6894 bitcoins, but sold 10047 bitcoins, which means that the miners sold nearly 3153 bitcoins in stock
Yu Jianing mentioned that another reason for the decline is the website downtime of the largest compliance exchange in the United States, such as coinbase, after the market fluctuated violently, which delayed the trading of users, and many buying orders could not be traded normally, which also led to the bitcoin price on the website far lower than the market price, further aggravating the market panic
"e to the failure of the coinbase system, we could only sell but not hang up the bill yesterday, and the whole trading world order was destroyed." A coin circle employee also said
regulatory warning bitcoin volatility risk
it is worth noting that the recent ups and downs of bitcoin has also aroused the vigilance of regulatory authorities in various countries
On January 12, the New Zealand financial market authority (FMA) warned new Zealanders to invest in cryptocurrency prudently, according to the New Zealand Herald"new Zealanders who are considering buying cryptocurrencies such as bitcoin should realize that they are high-risk and highly volatile assets," a spokesman for the New Zealand Financial Markets Authority said. "Cryptocurrencies are not regulated in New Zealand and are often used by fraudsters and hackers."
According to the times on January 9, HSBC has decided to stop providing cryptocurrency trading services to customers in the UK, including prohibiting customers from depositing funds into HSBC from their digital wallets. At the same time, many other UK banks have banned customers from using credit cards to buy digital currencies such as bitcoin"the virtual currency represented by stable currency is facing more and more complicated compliance risks. As more and more economic activities migrate to the blockchain, the instry is facing great compliance pressure. The circulation of stable currencies such as usdt will grow explosively in 2020, reaching a record high. Behind this, part of the use demand comes from the normal transactions in compliance, but there are also black and gray demands for money laundering, illegal financing and other problems. In the future, the blockchain instry will face more and more compliance challenges. " Yu said
he pointed out that according to the report on anti money laundering of virtual currency released by peckshield in 2020, the value of unregulated outbound virtual currency reached US $17.5 billion in 2020, an increase of 51% compared with that in 2019, and it is still growing rapidly. The number of fraud cases involving virtual currency continued to rise to 151, an increase of 655% over 2019
Yu Jianing said: "since the second half of 2020, fraud, attack, extortion, gambling and other assets, as well as money laundering, run points and other gray assets, have begun to turn into virtual currency money laundering. The number of extortion cases has increased rapidly, and the situation of virtual currency anti money laundering is grim. In 2021, it is necessary for the blockchain and digital assets instry to adopt a more strict and prudent KYC (know your customer) review mechanism, More stringent anti money laundering standards will be implemented. "Hello, I'm glad to answer your question
one of the conditions for applying for MAS license in Singapore is to apply for an ordinary company in Singapore
specific information of applying for Singapore company:
1: information of directors, 2 are recommended
2: Company Name: * * Pte.Ltd end
10-15 working days or so, The company has applied for and completed
the following is a long process of license application. Our company will handle all the relevant matters and consult Xiaobian to understand ~
The monetary authority of Singapore (MAS) is the Central Bank of Singapore and is also a comprehensive regulator. The license issued by the monetary authority of Singapore is called CMS
type of MAS regulatory license in Singapore:
it has three types of license, namely "currency exchange" license“ "Standard payment" license and "large payment institution" license
3. "Currency exchange" license:
the currency exchange license is used to exchange currency services. The scope of supervision of the license is small, and the business involved is small in scale and low in risk
4. "Standard payment institution" license:
the license has restrictions on the amount of payment / transfer in the instries of account opening, domestic and foreign transfer, commercial procurement, electronic payment and currency exchange, that is, the average annual amount of monthly business is less than or equal to 3 million SGD / or the average annual amount of monthly business is less than or equal to 6 million SGD
5. "Large payment institution" license:
the amount of business involved exceeds the instries listed in the "standard payment" license, and the license approval is relatively strict
bus line: Metro Line 1 → NO.603 → no.562, the whole journey is about 21.5km
1. Walk 790m from Zhengzhou to green city square station
2. Take Metro Line 1, pass 2 stations to Zhengzhou railway station
3. Walk 540M to west square station of railway station
4. Take NO.603, pass 6 stations to bus terminal
5 Take no.562 bus, pass 4 stops, reach Taiguo station
6, and walk about 3.1km to Huabo garden