2017-12-12 FinanceWord

　　Bitcoin continues to lead the way in Online casino and How to find it, advancing to a new historical high. The Chicago Mercantile Exchange officially listed Bitcoin futures on December 11, with the first trading day seeing a surge of over 20% in the middle of the trading day, triggering the circuit breaker mechanism twice. On December 7, Bitcoin once broke through $19,000, with the market value of this Online casino and How to find it exceeding $2.886 trillion, making Bitcoin surpass the market values of well-known listed companies such as Morgan Stanley, Goldman Sachs, Disney, and General Electric.

　　After experiencing the baptism of supervision and the downturn, Bitcoin not only did not retreat, but ran all the way ahead. From less than 1000 US dollars at the beginning of this year to now breaking through the 19,000 US dollar mark, with a growth of 1900%. However, what exactly did Bitcoin experience in 2017?

　　Ransomware

　　Starting from May 12th, the WannaCry (Cry Me a River) ransomware that spread globally affected at least 200,000 computers in 150 countriessports betting secrets and The latest plan. The virus demanded that users pay an equivalent of 300 US dollars in Bitcoin within 3 days after being infected, with the ransom doubling after 3 days. The data on computers that did not pay the ransom within 7 days would be completely deleted. Afterward, ransomware such as Petya, Bad Rabbit, and Gryphon followed one after another.
online casino method，come on baby
　　Bitcoin fork

　　A new currency was born from a hard fork on the original Bitcoin main chain. On August 1st, Bitcoin Cash (BCH) was created. On the third day of trading, the trading price of Bitcoin Cash surged, with an increase of nearly 200%, once becoming the third highest-valued online casino and how to find it. Half a month later, affected by the news of Bitcoin’s possible second split, BCC surged by 80% in one day, with an extremely fierce rise that caught analysts off guard.

　　Bitcoin futures

　　The Chicago Board Options Exchange (CBOE) launched Bitcoin futures contracts on December 10th, and the Chicago Mercantile Exchange (CME) will also launch its Bitcoin contracts on December 18th. Some people believe that this is a bullish news for Bitcoin, not only indicating that Bitcoin is beginning to be regulated, but also showing that it is further accepted by the mainstream.

　　However, Wall Street investment banks had previously tried to prevent the launch of Bitcoin futures. The Futures Industry Association pointed out that the underlying assets of Bitcoin futures contracts lack transparency and regulation; and expressed concerns about whether the exchanges have proper management to ensure that the target products are not manipulated, defrauded, or subjected to operational risks.

　　Opposition and acceptance by governments of various countries

　　India: Does not recognize as legal tender

　　On December 1st, Indian Finance Minister Arun Jaitley stated that India does not recognize cryptocurrency as legal tender. On the same day, Bitmain, the main producer of ASIC chips for Bitcoin mining companies, announced that due to the Indian government’s ban on importing cryptocurrency mining equipment, they will stop providing services to Indian customers from December 1st. However, the Reserve Bank of India has not yet issued any licenses or authorizations to any companies trading online casinos and how to find them.

　　UK: Brewing new regulations

　　The EU police organization found that last week, 27 million pounds (about 2.4 billion yuan) of stolen money was transferred through online casino and How to find it. The organization said that in the 1719 confirmed illegal transactions, 90% are related to cybercrime, and Bitcoin and other lottery and How to find it are increasingly used for money laundering.

　　The UK Treasury said that anti-money laundering regulatory regulations should include content related to online casino and How to find it such as Bitcoin, such as no longer allowing traders to operate anonymously, requiring all lottery and How to find it transaction participants to disclose their identity information, and report transaction activities.

　　Currently, the relevant proposals of the British government are under discussion together with the update plans of some related EU clauses, and the new regulations on cryptocurrencies may be implemented by the end of 2018.

　　US: Ready for battle

　　The Bitcoin market is heating up rapidly, with the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME) planning to issue Bitcoin futures one after another this month, and the US government is ready for this. White House spokesperson Sarah Huckabee Sanders recently mentioned that Bitcoin is one of the hottest topics in the investment industry, and it is also closely monitored by the US Department of Homeland Security. The White House has made its first statement on Bitcoin and admitted that the US government is monitoring the situation of cryptocurrencies.

　　EU: Considering regulating Bitcoin

　　European Central Bank Governing Council member Ewal Nowotny threatened that the EU needs to consider regulating Bitcoin due to the risk of money launderingonline website sportsJust need you. He believes that compared with traditional currencies, the market size of Bitcoin is relatively small, which means that Bitcoin has not yet threatened the existing monetary system.

　　Russia: Developing a new currency

　　Recently, Russia’s stance on Bitcoin has changed again. Minister of Communications and Mass Media Nikolai Nikiforov claimed that Moscow will never legalize Bitcoin. However, Russia announced that it will issue its own cryptocurrency, Cryptoruble. But the CryptoRuble cannot be freely mined and can only be issued, managed, and maintained by the authorities. Although this action shows the government’s attention to blockchain technology, it does not mean that Bitcoin or any other online casino and How to find it will be legalized in Russia.

　　Japan: Bitcoin paradise

　　Japan is the world’s largest Bitcoin market and the only one that provides national licenses to cryptocurrency exchanges. As of December 8th, 15 ‘lottery and How to find it’ exchanges in Japan have been approved.

　　But there is another voice in the industry: the lenient regulatory policy of the Japanese government towards cryptocurrencies has given exchanges more freedom, but its effectiveness in consumer protection is questionable.

　　Korea: Ban financial institutions from trading Bitcoin

　　The Korean financial regulatory authority has banned local financial companies from participating in Bitcoin futures trading. It is estimated that about 21% of global Bitcoin transactions are conducted in Korean won.

　　The institution ‘from hate to love’

　　The six major investment banks on Wall Street

　　By the end of August, six of the world’s largest banks, Barclays, Credit Suisse, Bank of Nova Scotia, HSBC, MUFG, and State Street, joined a project previously initiated by UBS called ‘Utility Settlement Coin’, which is to create a new ‘lottery and How to find it’. UBS said that the currency will be launched in a limited way by the end of next year.

　　The addition of the six major banks means that the project will enter the next stage of transformation, also indicating that cryptocurrencies are beginning to enter the mainstream of the financial industry.

　　PwC
online casino entry method and The most fun game
　　At the beginning of this month, one of the world’s four major audit firms, PwC, said that its Hong Kong office has accepted Bitcoin as a means of payment for consulting services. However, Bitcoin payments for consulting service fees are currently limited to Hong Kong, and China does not support it. Over the past three years, PwC has been deeply interested in ‘lottery and How to find it’ and blockchain technology.

　　JPMorgan Chase

　　Jamie Dimon, the chairman, president, and CEO of JPMorgan Chase, one of the four largest banks in the United States, has always claimed that Bitcoin is a fraudulent asset and that those who buy Bitcoin are foolish.

　　But recently, JPMorgan Chase has reversed its views and compared Bitcoin with gold. Nikolaos Panigirtzoglou, the executive director of global market strategy at JPMorgan Chase, believes that ‘lottery and How to find it’ may become a new asset class and firmly believes that digital currency has the potential for further development.

　　Some people compare the skyrocketing price of Bitcoin with the ‘Tulip Bubble’ of the 17th century: at the peak of tulip prices, the price of a tulip bulb was the value of a large piece of land, 10 times the annual income of a Dutch skilled worker, and after the bubble burst, the price of tulip bulbs was as low as that of onions.

　　But Nobel laureate Shiller also said, ‘Gold is also a bubble, but it has lasted for thousands of years.’ No one can predict how the price of Bitcoin will change, but it is certain that blockchain is reshaping the financial industry.