September 2017 is destined to leave an extraordinary mark on the entire blockchain industry. On September 4, the central bank and seven other ministries and commissions issued the "Notice on Preventing the Risks of Token Issuance and Financing", and all types of token issuance and financing activities should be stopped immediately. At the same time, organizations and individuals that have completed token issuance and financing should make arrangements for withdrawal. ICO is characterized as illegal fundraising and financial fraud. Starting from September 14, a number of virtual currency trading platforms including Bitcoin China, Huobi.com, and OKCoin announced that they would shut down their platforms or RMB trading businesses. According to the Wall Street Journal, regulators have decided to completely ban China's Bitcoin trading channels, not just closing Bitcoin exchanges. A wider range of regulatory measures may include prohibiting mainland China from accessing external Bitcoin exchange websites, such as Coinbase in the United States and Bitfinex in Hong Kong. This means that Bitcoin trading has basically withdrawn from the Chinese market. China's global Bitcoin trading volume has dropped directly from nearly 90% to 7.6%. The currency circle is in a mess. At the same time, the blockchain industry will set off a frenzy of development. In all the announcements released, blockchain was not mentioned once, which also represents the attitude of the relevant departments towards blockchain. China has included blockchain technology in the "13th Five-Year Plan". In the long run, government supervision is beneficial to blockchain projects. We must realize that blockchain is a technical means, while ICO, which is currently rampant in China, is a means of financing. Again, the ban does not allow financing through ICO, but it does not prohibit blockchain project financing. Eliminating the inferior and retaining the superior, and allowing truly high-quality blockchain projects to land is the focus of our attention in the future. The 2017 Asian Blockchain Technology and Application Summit hosted by Zewei Information will be held in Shenzhen on November 9-10. In this event, we will focus on the blockchain technology itself, make the project land, and allow truly valuable blockchain projects to develop and find corresponding investors. Some confirmed speakers: lHe Shuo, Dean, China UnionPay Electronic Payment Research Institute l Nitin Gaur, Director, IBM Blockchain Labs l Carl Wegner, Director , Head of Asia, R3 l Andrew Zimine, CEO and Founder, Exscudo lChen Chang, CTO, Zhigui Technology lWu Sijin, Founder and CEO, Hangzhou Fuzhumei Technology Co., Ltd. l Alice Huang, Managing Director, Corporate & Institutional Banking, BlockEx l Dr. Meikei Ieong, CTO, Hong Kong Applied Science and Technology Research Institute l Volodymyr Panchenko, CEO & Founder, Dmarket.io l Alexander "ZeroGravity" Kokhanovskyy, CEO & Founder, DreamTeam.gg l Guan Shanxing, Investment Manager, ZhenFund Zhang Yiyun, CEO of Pocket Part-time, Founding Partner of Jidou Capital l Zhang Yuqing, Founding Partner, Tsinghua Entrepreneurs Association Angel Fund Some confirmed sponsors: DreamTeam.gg Dmarket.io lZhigui Technology lHangzhou Fuzhumei Technology Co., Ltd. lCoinFly l HKT lHome of Computing Power lPanda Miner Conference Highlights: l Reasonable supervision of blockchain to promote its healthy development l Roundtable discussion: Public chain VS private chain The application of blockchain technology in multiple fields from a legal perspective Roundtable discussion : Blockchain investment from the perspective of venture capital lBlockchain technology is about to subvert the traditional financial industry l Two core applications of blockchain in the financial industry: financial transactions and risk control How can banks integrate blockchain technology into various business scenarios ? lApplication of blockchain in over-the-counter transactions and trade finance (clearing and settlement, KYC, anti-money laundering) Conference consultation: Grazy Lau Tel: 021-5830 0710 ext 8039 Mob (Wechat): 13798833193 Email: [email protected] |
<<: Mining News: Bikan will shut down related businesses on September 30
>>: Gibraltar Releases Blockchain Regulation Plans, Warns of ICO Risks
The mole of wealth sounds like it is related to w...
The lifeline is a very important line in our palm...
People with pointed chins and monkey cheeks look ...
Everyone has moles on their body. In the eyes of ...
Some people use catchphrases when they speak. In ...
Recently, according to media investigations and r...
Many times, we say that we should not slander or ...
Everyone has some moles on their body. In mole ph...
BNP Paribas announced today that a billion-dollar...
Many people want to know whether they are destine...
For some women, if their nose bridge is relativel...
On October 26, Gary Gensler, chairman of the U.S....
A new type of malware has emerged. What’s unique ...
Wealth and honor are what most people pursue thro...
Rage Review : Once MiFID II / MiFIR takes effect ...