OKCoin Bitcoin price hovers around 6800 Bitcoin bank established abroad

Recently, there has been a lot of attention on Bitcoin, from the initial focus on its price trend to a series of actions taken by Bitcoin trading platforms to remind users of investment risks: stopping financing and lending, charging Bitcoin transaction fees, and temporarily suspending Bitcoin withdrawal services. The trading volume of domestic trading platforms has also dropped from 80% of the world's previous share to only 40% of the world's current share. Judging from the trading volume on the official website of the trading platform, it has shrunk significantly.

Judging from the market trend of OKCoin, the overall price trend today has not changed much. The price fluctuated around 6,700 in the early trading, and then fell back to around 6,500 yuan. The highest price today was 6,880 yuan. The operational advice of OKCoin analysts for the sideways trading period is to pay more attention to domestic and foreign market trends. At present, most investors tend to be rational, so they can wait for favorable opportunities before trading.

Government recognition of Bitcoin

Since the birth of Bitcoin, governments around the world have had different attitudes towards Bitcoin. Compared to the sluggish trading volume on domestic trading platforms, the demand for Bitcoin in the Japanese market has increased significantly in the last few months of 2016. Compared to all other countries, Japan is more friendly to digital currencies, and within two months, a new regulatory law will take effect, at which time Bitcoin will become a legal payment method in Japan.

The development of Bitcoin in Poland has been full of twists and turns. In 2013, an official from the Polish Ministry of Finance said: "We will not completely ban Bitcoin. However, we will not consider Bitcoin as a currency either." Then, in September 2015, the Polish Ministry of Finance issued a statement on "solving regulatory issues regarding virtual currency transactions." This is expected as the EU has taken the initiative. Poland is also one of the countries in the world that wants to tax Bitcoin. The unresolved issue of Bitcoin's status in Poland has caused concern because Polish banks have begun to pay attention to customers who trade Bitcoin.

We will have to wait and see whether Bitcoin will be officially recognized as a currency in Poland or even in Europe as a whole. In Japan, Bitcoin has already been officially recognized as a currency.

Bitcoin bank opens in Vienna, Austria

The world's first professional Bitcoin bank was established on Mariahilfer Street in downtown Vienna, Austria, an Austrian English news website reported. It is reported that the bank's ATMs can exchange Bitcoin and Euros in both directions. The bank also provides information related to virtual currencies.

As for the advantages of promoting Bitcoin, Andreas Petersson, co-founder of Bitcoin Austria, said that the main advantage of digital currency is that it has a certain degree of anonymity. "If I pay with Bitcoin online, I can protect my privacy to a certain extent," Petersson said, and the merchant will not obtain my credit card information. When purchasing digital assets such as computer games, consumers will not feel that they have handed over their private information.

The development of Bitcoin in Vienna. Three years ago, Vienna deployed its first Bitcoin ATM. The city currently has at least 20 merchants that are happy to accept Bitcoin.