And continue to maintain the integrity of this ecosystem. Facebook Libra to see more. According to O'Dwyer on Monday, fsvector, a consulting firm focused on financial technology, policy and regulatory compliance, will support issues related to Facebook's blockchain policy, and John Collins, partner of fsvector, will represent the company in charge of Facebook related business. John Collins previously served as head of policy at coinbase and vice president of international policy at the Bankers Association for finance and trade. Earlier this month, Facebook hired Susan Zook of Mason Street consulting, a former aide to Senate Banking Committee Chairman r-idaho, to join its lobbying team before digital currency price chartfocusing on lobbying Senate Republicans. So far, seven companies have joined the lobbying team, including the former sternhell group, cypress group, Davis Polk, Baker Hostetler and ob CGroup, and Facebook recently hired ed Bowles, head of public affairs at Standard Chartered Bank, as head of public policy in London.
The open markets Institute, together with three other groups, signed an open letter calling on Libra Libra to build a simple, borderless currency and financial infrastructure for billions of people. They are striving to create a new decentralized blockchain, a low volatility cryptocurrency and a smart contract platform, in order to open up innovative opportunities for responsible financial services innovation. They believe that more people should have access to financial services and cheap capital, and that everyone has the inherent right to control the fruits of their legitimate labor. They believe that open, immediate and low-cost global currency flows will create great economic opportunities and business value for the world, and that people will increasingly trust decentralized management. The global monetary and financial infrastructure should be designed and managed as a public good. Everyone has a responsibility to help promote financial inclusion, support users who abide by Internet ethics, and continue to maintain the integrity of this ecosystem. Facebook Libra see more other members of the association to quit the Libra project. The letter quoted Mr. Brian Schatz from the Facebook hearing the day before yesterday: other members of the alliance also had many questions similar to those raised in the hearing, and they had reservations about whether to continue the project, but they didn't want to be excluded because of Facebook's market influence. After that, he wrote in the open letter that Facebook had always stressed that it was only a small part of the association. Although no one would be deceived by the pretext of Facebook, Facebook had been speaking in the name of other members of the association. Finally, it writes that if the alliance members withdraw from the project collectively, it will show that the beginning of the digital currency era will be based on the rules of democracy and fairness, rather than the threat of power.
In an exclusive interview with Lianwen, bituniverseceo, a cryptocurrency management and trading terminal, said that in the next one to three years, technical analysis represented by quantitative transactions will digital currency price chartbe the trend of digital currency investment. Traditional financial investment is mainly divided into two schools: value investment and quantitative trading. Stocks and bonds rely on real enterprises, which can solve the real needs of users and have a clear business model. However, the speculative attribute of digital assets is much higher than that of traditional financial industry. At present, blockchain is still in its early stage, with limited application scenarios and lack of value anchoring. Therefore, Chen Yong believes that value investment is difficult to be implemented. At present, 99.9% of the token in the market has no actual investment value. In the blockchain industry, the main method of investment is technical analysis, constantly improving trading skills to earn BTC or fiat money. The ultimate purpose of earning BTC is also because we believe that BTC has room for growth compared with French currency. In the early stage, bituniverse has obtained investment of 10 million US dollars from Gaorong capital, Shunwei capital and Zhenge fund.
Wootradewootradewoootrade, a trading dark pool product incubated by quantitative investment research firm Kronos, helps exchanges, wallets and OTC service providers to provide their customers with deeper trading opportunities, more competitive price and faster trading speed. The product can not only aggregate the liquidity of major exchanges and other trading platforms, but also inject the liquidity generated by Kronos' own high-frequency quantitative exchange into wootrade, so that it can help exchanges, wallets and OTC service providers to provide their customers with deeper trading positions, more competitive bid price and faster trading speed. Wootrade said that most of its team members graduated from the world's top universities, such as Carnegie Mellon University, Massachusetts Institute of technology, South Canada and so on. They have led the trading team in the world's top quantitative fund companies such as Citadel and sac, and have obtained strategic investments such as dfund, distributed capital and SNZ capital. Ootrade see more official releases. This product can not only aggregate the liquidity of major exchanges and other trading platforms,
The fund will help individual and institutional investors diversify their digital currency price chartportfolios and allow some of their investment assets to flow into the digital asset infrastructure sector. NAIC is a licensed fund manager in Japan regulated by the financial agency of Japan (FSA) and has conducted due diligence on bitfury. Bitfury group has launched digital asset operations worldwide, including Canada, Norway, Iceland and Central Asia.
Vachira arromdee, vice president of the Bank of Thailand, said the Bank of Thailand's central bank digital currency (CBDC) project had entered the third phase of development and planned to expand its use in large enterprises. The central bank is already using CBDC to conduct financial transactions with some large enterprises. The central bank is also considering extending the use of cryptocurrency to the general public, but a comprehensive study must be completed before such action can be taken. Vachira arromdee said cryptocurrencies could have a negative impact on commercial banks, as intermediaries are no longer needed for financial transactions. But on the positive side, she said, it would reduce the cost of financial transactions. According to previous reports, the Bank of Thailand announced last month a prototype project to develop a commercial decentralized payment system. The project will be built on the basis of the Nathan project. The scope of the project will include conducting feasibility studies and developing an innovation platform integrating CBDC and enterprises. The intonon project is a distributed ledger project initiated by the Bank of Thailand in cooperation with the country's eight major commercial banks.
ABI, the Italian Banking Association, announced that its Italian banks would start to test digital euro, integrating blockchain to speed up the processing of inter-bank settlement through a project Spunta, which uses distributed ledger technology. ABI is composed of more than 700 Italian Banking institutions and hopes to help accelerate the implementation of digital currency supported by the European Central Bank (ECB) by participating in relevant projects and experiments. In a statement on Thursday, the group shared digital currency price chart10 considerations for the digital euro, with the primary principle that priority must be given to maintaining currency stability and compliance with the European regulatory compliance framework.
Lianwen previously reported that on October 27, DBS Bank announced on its official website the launch of the digital trading platform dbsdigitalexchange, which will provide four digital currencies (SGD, HKD, JPY, USD) trading services of BTC, BCH, Eth and XRP. But then, the relevant information page of digital trading platform was removed from the official website of DBS Bank.