Researchers from the CBRC – Li Wenhong and Jiang Zeshen – published the working paper on Wednesday entitled “The Study of Development and Regulations on Distributed Ledger Accounts, Blockchain and Digital Currency.”
Fully dedicated to regulatory studies on cryptocurrency, the paper summarized a variety of legal efforts made by different jurisdictions to govern activities related to blockchain, cryptocurrency, derivative trading as well as ICOs.
Therefore they must be put under relevant financial regulatory frameworks so that they can operate legally with a license.”
Though the paper states comments made by researchers don’t necessarily represent the institution’s stance, the suggestion is still notable given Chinese regulators have not mentioned in any capacity its thinking on a cryptocurrency license.
In addition, the paper suggests a potential framework for crypto-related activities should not be limited to just ICOs and trading.
Tether has consistently denied this, but has not produced conclusive evidence that it is reserved 1-for-1. An academic paper released last week supported this view, and the Commodity Futures Trading Commission reportedly subpoenaed Bitfinex and Tether in December.
There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.
A key aspect of modern society is its trust in reliable government and monetary systems. Government and central banks have been the guardians of the financial system.
The first thing you learn when you spend too long around Bitcoin is that everyone has a chart that “always works”, and everyone has a scar from the last time it didn’t. This week’s chart is making the rounds again, it’s the one that tracks Bitfinex margin longs, and it’s flashing a familiar change in […]
The post Last time these whales did this Bitcoin surged to new highs but key data suggests messy weeks ahead appeared first on CryptoSlate.
The first thing you learn when you spend too long around Bitcoin is that everyone has a chart that “always works”, and everyone has a scar from the last time it didn’t. This week’s chart is making the rounds again, it’s the one that tracks Bitfinex margin longs, and it’s flashing a familiar change in […]
The post This Bitfinex whale “buy signal” is everywhere, but the real Bitcoin data suggests a much messier six weeks appeared first on CryptoSlate.
Solana price is showing bullish continuation after defending the 21EMA, with price structure and momentum aligning for a potential rally toward $156 resistance.
HBAR price has confirmed a double bottom reversal, with price reclaiming key support and positioning for a potential rally toward the $0.14 high-time-frame resistance.
Solana price has confirmed a bullish market structure shift after breaking a key lower-high sequence, with price action now positioning for a continuation toward $156.
Hyperliquid price remains under pressure after confirming another lower high, with bearish market structure keeping downside risk toward the $19 level in focus.
Chainlink price is holding a critical high-time-frame support zone, where a developing double bottom pattern could signal a potential macro trend reversal.
