CRYPTO APOCALYPSE, REGULATORS FIELD DAY
Crypto News Talk is a bilingual series of programs produced by Himalaya Australia Digital Soldier H-Pay Promotion Group, aiming to promote H-coin, Himalaya Exchange, H-Pay, knowledge and changes in the crypto market industry. The slogan of the program is Wealth Pulse, Commercial Opportunities, Strategic Outlook, Crypto News Talk.
Miles Guo once predicted
On October 21, 2021, “Bitcoin can very easily rise to $100k a coin, but the scariest thing is when the US declared it is illegal, it will all be zero.” On May 30, 2021, “The Human race has reached a most important moment. All the financial economies, the world that used to be dominated by the US dollar and by banknotes will not last long, definitely not. All countries in the World, at least more than 170 countries, understand that no one can stop the advent of the era of digital currencies – the cryptocurrencies. But these countries have only one move left, `If I can’t stop it, then I’ll tighten up the regulation.’ Thus, cryptocurrencies, which have been tightly regulated for their technicality and legality, will be the most important agenda for mankind in the coming era. All countries will develop their own cryptocurrencies. “
Three Arrows Is Facing Bankruptcy
Three Arrows Capital is a crypto hedge fund, founded by former Credit Suisse traders Zhu Su and Kyle Davies, who managed an estimated $10 billion of assets. According to Bloomberg:
- A British Virgin Islands court ordered the liquidation of Three Arrows Capital
- Representatives for Three Arrows filed the bankruptcy petition in New York
- Chapter 15 bankruptcy filings stop creditors from seizing a company’s assets in the US
According to this, to invest in cryptocurrencies, it must be a real stable coin to survive the test.
EU To Develop a Comprehensive Regulatory System For Digital Currency
According to The Washington Post:
- Europe has moved to lead the world in regulating the cryptocurrency industry
- A provisional agreement of crypto regulations for the bloc’s 27 nations, known as Markets in Crypto Assets, or MiCA.
- In the crypto-world, MiCA will be a global standard setter
- The EU rules are the first comprehensive piece of crypto regulation in the world
Huge losses caused by investing in cryptocurrencies have attracted the attention of governments of various countries. It has become a concern and the formulation of regulations on cryptocurrencies has become the direction of the future. The European Union takes the lead in launching the “Regulations on the Cryptocurrency Market”.
Several Central Banks Launch Digital Currencies; Taiwan Launches Digital New Taiwan Dollar
Taiwan’s central bank is about to launch a secure, trusted, no cost of use and no trust and liquidity risk digital currency payment tool use scenario showcase, shopping, ridesharing can be used. In order to avoid causing bank deposits to be lost and affecting traditional banks, the total amount of CBDC holdings will also be capped in the future.
The above is a summary of the first episode of the Crypto News Talk. For more content, please find the video on Gettr or Youtube.
Auther: 還政於民#4508 Eddy#3853 灭共小猫咪#7782
Editor/Publisher: Himalaya Australia Digital Soldier H-Pay Promotion Group
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The content of this article represents only the personal views of the author. The platform assumes no legal responsibility.
Crypto News Talk Episode One
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