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Today's market event: Digital RMB will not cause damage to global finance South Korea's crackdown on illegal encryption transactions will end in June.

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Summary of Hot Spots:

1. Zhou Xiaochuan: The digital renminbi will not impact and disrupt the global financial system.

2. The core and peripheral contracts of Uniswap V3 have been deployed to the Ethereum main test network.

3. The South Korean government’s crackdown on encryption-related fraud and pyramid schemes will continue until the end of June.

4. Three Ethereum ETFs have started trading on the Toronto Stock Exchange.

5. The U.S. Ohio senator wants to clarify the cryptocurrency tax policy in the proposed bill.

Hot text:

On April 20, the opening ceremony of the Boao Forum for Asia (BFA) 2021 Annual Conference was held in Boao, Hainan. Zhou Xiaochuan, the former governor of the People's Bank of China, stated at the meeting that the digital renminbi will not cause impact and damage to the global financial system. The current main use of the digital renminbi is in the small amount and retail fields, which is convenient for cross-border businessmen to communicate with each other, tourists to visit and meeting.

Today's panic and greed index is 29, the level is still panic: Jinse Finance reported that today's panic and greed index is 29 (29 yesterday), the level of panic is the same as yesterday, and the level is still panic.

Note: The threshold of the panic index is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market research (15%) + bitcoin in the entire market Proportion (10%) + Google hot word analysis (10%). [2023/1/5 9:53:42]

The cross-border use of digital renminbi depends on the degree of internationalization of renminbi. Behind the digital renminbi is the convertibility and stability of the country's economy, financial system, and currency value. Regarding the issue of digital tax collection, which is hotly discussed around the world, Zhou Xiaochuan issued a warning saying, "Don't 'fight' over the issue of who the digital tax belongs to and whose pocket it goes into."

Gate.io will open CRE/USDT trading at 12:00 today: According to the official announcement, the 173rd round of Carry (CRE) voting for listing on Gate.io has ended. The number of participants in this activity is 4,775. Out of 19,634,506 votes. The number of votes has exceeded 10 million, meeting the listing requirements. Gate.io has airdropped 549,930 CRE to users, and will open CRE/USDT trading and withdrawal service at 12:00 noon on August 06 (today). The CRE airdrop welfare activity is underway. [2021/8/6 1:39:20]

On April 21, according to Uniswap official news, the core and peripheral contracts of the upgraded version V3 of Uniswap have now been deployed to the main Ethereum testnet. Earlier in March, the decentralized trading platform Uniswap officially released an overview of its V3 version, and plans to launch an upgraded version based on the Ethereum Layer 1 network on May 5.

A Miami pharmacy accepts bitcoin for COVID-19 tests today: Miami healthcare company Progressive Care announced that one of its pharmacies will accept bitcoin for COVID-19 tests on the opening day of its 2021 Bitcoin Conference. (decrypt) [2021/6/5 23:13:20]

It is understood that Uniswap V3 allows LPs to set corresponding fee rates according to different levels of risk, that is, range orders (Range Orders), which allow DEX users to place pending orders within a certain price range of a specified trading pair. After the currency price enters the range , automatically and gradually trigger the transaction, and when the currency price goes out of the other end of the range, the transaction will be fully completed. One of the purposes of Uniswap V3 is to improve capital efficiency through "liquidity aggregation" and improve the overall capital utilization of the platform. Judging from the actual situation after the release of Uniswap V3, the outside world has mixed opinions and opinions.

Gate.io stablecoin USDG will be listed on S.Finance platform at 12:00 noon today: According to the official announcement, Gate.io stablecoin USDG will be listed on S.Finance decentralized stablecoin at 12:00 on November 26 (today) exchange platform. Users can exchange directly between USDG and various stable currencies (including USDC, DAI, USDT, TUSD, PAX) in a decentralized manner. Risk warning: The technical threshold for participating in decentralized liquidity mining is relatively high. Please pay attention to the safety of wallet funds. [2020/11/26 22:11:07]

On April 21, South Korean media reported that a new joint government-regulatory crackdown on crypto-related fraud and multi-level marketing (MLM) fraudsters will last until the end of June 2021. The South Korean government’s crackdown on illegal transactions of encrypted assets was decided at a virtual asset-related meeting held on the 16th.

Koo Yun-cheol, director of the government's policy coordination office, has said that the crackdown on illegal crypto transactions is in response to growing concerns about speculative investments and potentially illegal activities amid the continued boom in the crypto market. According to the "Reporting and Use of Specific Financial Transaction Information Act" implemented in South Korea in March, South Korea's supervision of the encryption market has been tightened, and many South Korean financial institutions are planning to join forces to crack down on illegal activities involving cryptocurrencies such as Bitcoin. Police say they will use encrypted "tracking software" to help them catch scammers in cases related to real crypto crimes.

4. Three Ethereum ETFs have started trading on the Toronto Stock Exchange.

Canadian regulators have approved three ethereum exchange-traded funds (ETFs) and they have begun trading on the Toronto Stock Exchange (TSE). Previously, the first Bitcoin ETF in North America was approved in Canada. Since then, Canada has approved three Ethereum ETF funds. the

Previously, many companies such as Galaxy Digital in the United States have submitted Bitcoin ETF applications to the US Securities and Exchange Commission (SEC), but they have been approved. The deadline for the SEC to submit applications to VanEck is November 10. Canada is now a hot spot for cryptocurrency ETFs. The director of Galaxy Digital said the ETF offers investors a simplified way to benefit from the explosion of decentralized applications being built on the Ethereum chain. the

On April 21, U.S. Senator Rob Portman of Ohio (Rob Portman) wanted to clarify the cryptocurrency tax policy in the proposed bill. Portman said in the interview that he hopes to introduce a bill with bipartisan support after the next congressional recess to solve the problem of many cryptocurrency users in the United States not paying taxes.

According to Fox reports, the White House is discussing the regulation of popular digital currencies. The press secretary of US President Joe Biden revealed that the president followed the views of Treasury Secretary Janet Yellen in regulating cryptocurrencies. . Earlier in February, Janet Yellen called Bitcoin a "highly speculative asset" and said it was not "widely used as a payment mechanism" but "an extremely inefficient way to conduct transactions."

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Today's market event: Digital RMB will not cause damage to global finance South Korea's crackdown on illegal encryption transactions will end in June.

Summary of Hot Spots: 1. Zhou Xiaochuan: The digital renminbi will not impact and disrupt the global financial system.2.

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