'Statistics' cryptocurrency holding rate: 18% in Turkey, 8% in the US

1. Encrypted currency holding rate: 18% in Turkey and 8% in the US; 2. China's virtual currency trading platform basically realizes risk-free exit; 3 Regulatory departments jointly control risk. RMB accounts for less than 1% of Bitcoin globally; The Supreme Court of India announced that it will maintain the cipher currency ban: becoming an illegal industry; 5. Peking University professor Chen Dongmin: Bitcoin is not recognized by the government but has new opportunities

1. Cryptographic currency holding rate: 18% in Turkey and 8% in the US;

According to a survey by ING Bank, 18% of people in Turkey have cryptocurrencies, compared with 8% in the US.

35% of Europeans agree that Bitcoin is the future of online consumption

The survey "Crypt the password for cryptocurrencies" surveyed 1,000 respondents in each country to understand their attitude towards the rise of cryptocurrencies such as Bitcoin, and what this means for our money.

ING is a Dutch banking and financial services company headquartered in Amsterdam. The survey covers a total of 14,828 respondents from 15 countries, and wants to understand how each country views cryptocurrencies and what role cryptocurrencies play in consumption and investment.

Jessica Exton is a behavioral scientist ING Group consumer economics. She concluded that people in Europe, about one-third (ie 35%) agree that Bitcoin is the future of online consumption, 32% of respondents believe that money is invested encryption In the future, 29% of respondents said they will never invest in cryptocurrency.

For risk, 30% believe that digital currency is higher than stock risk, and the remaining 70% hold the opposite view. Among them, 46% believe that stock risk is lower than cryptocurrency, and even 24% say they are at the same risk. The report states:

This may be part of the reason why cryptocurrencies seem less attractive than long-term personal financial activities. People are more willing to pay or make money to go to school instead of making one-time transactions.

The ING Bank report concluded that a small number of Europeans are considering using digital assets to buy coffee (23%), overseas online shopping (30%), or paying children's tuition (20%).

Exton said that it is interesting to say that a larger percentage of people with lower per capita income say they might consider investing or paying in cryptocurrency.

Turkey is far ahead of the 15 countries surveyed

Regarding whether Bitcoin will become the future of online consumption, most of Turkey's respondents (53%) agree or strongly agree, followed by Romanian supporters (43%), the United States 31%, the United Kingdom 5%, and Australia 18%. Netherlands 17%.

Online surveys in Turkey and Romania show potential bias towards younger professionals, who are more exposed to media and technology. However, nearly one in five (or 18%) of Turkey say they have cryptocurrencies compared to Below, Europe is 9%, the United States is 8%, Australia is 7%, and the United Kingdom is 6%. Of the Romanian respondents, 12% said they hold digital currency.

Many respondents agree that they will hold cryptocurrencies in the future, with the following proportions: Europe 25%, Australia 15%, US 21%. Babbitt information

2. China's virtual currency trading platform basically achieves risk-free exit;

Xinhua News Agency, Beijing, July 6 (Reporter Wu Yu) The reporter learned from the People's Bank of China on the 6th that since September last year, the central bank and the relevant departments have searched out 88 domestic virtual currency trading platforms and 85 first-time token issuance financing (ICO). ) The trading platform, and basically achieve risk-free exit, the global share of bitcoin in RMB transactions fell to less than 1%.

In order to effectively prevent and resolve risks in the virtual currency field in a timely manner, the relevant regulatory authorities have guided local governments to clean up and rectify virtual currency trading sites such as Bitcoin and ICO activities in the framework of the special rectification of Internet financial risks since September 2017.

According to reports, after a steady and orderly organization, the 88 domestic virtual currency trading platforms and 85 ICO trading platforms that have been exhausted by local governments have basically achieved risk-free exit; the bitcoin traded in RMB has fallen from over 90% of the previous global market. To less than 1%.

Zhang Yifeng, dean of the China Banknote Credit Card Industry Development Corporation Blockchain Technology Research Institute, said that the regulatory authorities promptly blocked the negative impact of the skyrocketing virtual currency price on China, avoided a virtual currency bubble, and led the international regulatory trend. .

In response to recent new variants and new situations of illegal financial activities, the relevant regulatory authorities have organized a block of 'going to sea' virtual currency trading platforms, decisively fighting against ICO and various variants. As of the end of May, including the trading of fire currency nets, currency nets, etc. The platform's 110 websites have been blocked.

At the same time, the regulatory authorities continued to strengthen the clean-up and rectification from the payment settlement terminal, and repeatedly talked about Tenpay, Alipay and other non-bank payment institutions, requiring them to strictly implement the requirements of not carrying out business related to virtual currency such as Bitcoin. Troubleshoot and close about 3,000 accounts engaged in virtual currency transactions.

In addition, for all kinds of pseudo-virtual currency and related illegal fund-raising, fraud, pyramid schemes and other activities, the regulatory authorities actively supported the public security organs to crack down on the law according to law. According to the statistics of public security organs, in recent years, a total of nearly 300 cases of virtual currency crimes have been investigated and investigated. Up.

Zhang Yifeng said that the regulatory authorities should continue to monitor closely, strengthen research and judgment, fight early and prevent problems, and continue to alert the public through various channels to pass more clear regulatory signals to the market.

3 The regulatory authorities jointly control the risk. The global share of RMB in Bitcoin is less than 1%;

Beijing Business News (Reporter Cui Qibin Zhang Chi) On July 6, Xinhua News Agency said that since September last year, the central bank and related departments have searched out 88 domestic virtual currency trading platforms and 85 first-time token issuing financing (ICO) trading platforms. And basically achieve risk-free exit, the global share of bitcoin in RMB transactions fell to less than 1%.

In addition, in response to recent new variants and new developments in related illegal financial activities, relevant regulatory authorities have organized a block of 'going to the sea' virtual currency trading platform, decisively fighting against ICO and various variants. As of the end of May, including the fire currency network, the currency network 110 websites of trading platforms have been blocked.

The Beijing Business Daily reporter learned that as early as December 5, 2013, the central bank and other five departments issued the “Notice on the Prevention of Bitcoin Risk”, clearly stating that Bitcoin is not a currency, only a specific virtual commodity, not in Currency market circulation, financial institutions may not carry out related business.

However, bitcoin prices have continued to soar, attracting a large number of investors to participate. On December 17, 2017, Bitcoin once rose to nearly 20,000 US dollars. At the same time, illegal finance based on bitcoin and various virtual currencies. The activity is spreading and the risk is huge.

To this end, in September 2017, the Central Bank, the Central Network Office, the Ministry of Industry and Information Technology, the State Administration for Industry and Commerce, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the seven departments of the China Insurance Regulatory Commission jointly issued the "Announcement on the Prevention of the Risk of Subsidy Issuance Financing", indicating that the domestic The form of tokens including the first token issuing (ICO) financing activities has sprung up, speculation and speculation prevailed, suspected of engaging in illegal financial activities, and seriously disrupting the financial order. From the date of this announcement, all types of token financing activities should be immediately stop.

It is also to prevent and resolve the risks in the virtual currency field in a timely and effective manner. From September 2017, the relevant regulatory authorities have guided local governments to clean up and rectify virtual currency trading sites such as Bitcoin and ICO activities under the framework of the special rectification work of Internet financial risks. Understand, for all kinds of pseudo-virtual currency and related illegal fund-raising, fraud, pyramid schemes and other activities, the regulatory authorities actively support the public security organs to crack down on the law according to law. According to the statistics of public security organs, in recent years, a total of nearly 300 cases of virtual currency crimes have been investigated and investigated. Up.

Previously, on May 23, CCTV reported that the national Internet financial risk technology platform has realized over-the-counter monitoring, MLM monitoring, Bitcoin transaction tracking, Bitcoin offline distribution, Bitcoin cross-border monitoring, and ICO monitoring. Among them, OTC monitoring shows the user ID and payment method, using Alipay to account for nearly one-third of OTC transactions.

At the same time, the regulatory authorities continued to strengthen the clean-up and rectification from the payment settlement terminal, and repeatedly talked about Tenpay, Alipay and other non-bank payment institutions, requiring them to strictly implement the requirements of not carrying out business related to virtual currency such as Bitcoin. Troubleshoot and close about 3,000 accounts engaged in virtual currency transactions.

4. The Supreme Court of India announced that it will maintain the cryptocurrency ban: becoming an illegal industry;

Sina Technology News Beijing time on July 8 morning news, this week, the Indian Supreme Court refused to overturn the previous decision of the Bank of India. This decision requires commercial banks not to trade cryptocurrencies, resulting in the cryptocurrency industry becoming illegal in India.

The group led by Indian Chief Justice Dipak Misra said that the Reserve Bank of India’s directive to ban commercial banks, financial institutions and other regulated institutions from providing any services related to virtual currency will continue. In the document released on the 6th, the Reserve Bank of India asked commercial banks and other financial institutions to withdraw from the relevant business within 3 months.

Earlier, the Bank of India told the Supreme Court that Bitcoin could not be considered a currency under the current laws of India. Indian law requires that money must be made of metal or other physical objects and approved by the government.

With the formulation of central bank digital monetary policies around the world, the Reserve Bank of India has become increasingly tough. As early as 2013, the Reserve Bank of India issued a warning to investors, while it now prohibits banks from providing cryptocurrency services to users and traders. (Zhang Fan)

5. Peking University Professor Chen Dongmin: Bitcoin is not recognized by the government but has new opportunities.

Professor of Peking University, Chen Dongmin, Preparatory Team Leader, Peking University Innovation and Entrepreneurship Institute

Professor of Peking University, Chen Dongmin, Preparatory Team Leader of Peking University Innovation and Entrepreneurship Institute, was sponsored by Qingdao Municipal People's Government. Caijing, the '1818 China Fortune Forum' hosted by the Caijing Think Tank was held in Qingdao on July 8. The theme is 'Exploring a new paradigm of openness and supervision'. Professor of Peking University, Chen Dongmin, preparatory team leader of Peking University Innovation and Entrepreneurship Institute attended and gave a speech.

Chen Dongmin said that financial supervision issues should be watched. Just because Bitcoin is not recognized by the government, it can use innovative thinking to discover new opportunities. Exchange of bitcoin to cash can help start-ups get financing, which is the same as crowdfunding. For example, the US blockchain-related companies obtained $1 billion in financing through tokens, of which only one-tenth of the capital was obtained through venture capital.

He mentioned that in China, the blockchain field entered the speculative group in 2017, and the new innovation mechanism began to engage in speculation in the market, which brought huge risks to the market. The Chinese government stopped it correctly, but At the same time, there are no ways for companies with innovative thinking to obtain capital through this new channel.

He believes that the regulatory system should be re-examined so that start-ups can correctly acquire capital through government supervision.

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