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.
As on-chain derivatives continue to expand at record pace, the perpetual DEX sector has entered a phase of intensifying competition. This environment is characterized by record volumes, growing demand for market depth, and heightened user sensitivity toward fees.
One of the most notable on-chain crypto traders, known as 0xFC78, has had his fortunes crucially reversed due to suffering his two recent high-leverage trades.
In the crypto market, the ability to earn and withdraw should be basic expectations—yet many exchanges fail to deliver. A recent experience by a Zoomex user challenges this norm, and his story deserves to be shared.
Shiba Inu price is holding its yearly low while recording a sudden 1,000% surge in burn rate, raising the possibility of a reversal forming at a major support level.
Ethereum price continues to show weak momentum as bearish candles strengthen, increasing the likelihood of a deeper correction toward key lower support levels.
