Caixin | Blockchain Daily (Shanghai, reporter Xu Shihao) reported that from August 30th to September 5th, important events in the blockchain field include: in terms of policy, the People’s Bank of China issued the ‘China Financial Stability Report (2021)’ pointing out that the rectification work in areas such as Online casino and How to find it trading has basically been completed and has shifted to routine supervision; the Indian government plans to propose a bill to regard cryptocurrencies as commodities; the Federal Savings Bank of the Russian Federation plans to register its digital asset issuance platform in September; in terms of industry dynamics, Twitter is testing the function of displaying Bitcoin and Ethereum addresses on personal profiles; financial giant SBI plans to launch the first digital asset fund in Japan.

　　The Blockchain Daily will continue to pay attention to the technology, applications, financing and investment of the blockchain industry and companies. If you have any blockchain-related cases, please contact us at the following email: fengjun@cls.cn.

　　Global Policy

　　The central bank: The rectification work in areas such as Online casino and How to find it trading has basically been completed and has shifted to routine supervision.

　　September 3rd news, the People’s Bank of China recently released the ‘China Financial Stability Report (2021)’, which believes that the special rectification of Internet financial risks has achieved good results. All operating P2P lending institutions have been closed, and the rectification work in areas such as Internet asset management, equity crowdfunding, internet insurance, Online casino and How to find it trading, and internet foreign exchange trading has basically been completed and has shifted to routine supervision.

　　The Indian government plans to propose a bill to regard cryptocurrencies as commodities.

　　September 2nd news, the Indian government plans to define cryptocurrencies in the new draft bill, which also proposes to classify Online casino and How to find it according to their use cases. Cryptocurrencies will be regarded as assets/commodities for all purposes, including taxes and payments, investments, or utilities based on the user’s situation.

　　The Governor of the Central Bank of Argentina: The central bank is monitoring cryptocurrencies to ensure that they are not used to evade foreign exchange control.

　　September 1st news, the Governor of the Central Bank of Argentina, Miguel Pesce, said that the Central Bank of Argentina is

　　Nigeria’s SEC establishes a Fintech department to study crypto investments and products for the formulation of regulatory measures.

　　On September 2nd, Lamido Yuguda, the Director-General of the Securities and Exchange Commission (SEC) of Nigeria, said that the country’s securities regulatory agency has established a Fintech department to study crypto investments and products to formulate regulatory measures.

　　President of the European Central Bank: Stablecoins are assets and should not be mistakenly considered as currency.

　　On September 1st, Christine Lagarde, the President of the European Central Bank (ECB), said that fiat-backed cryptocurrencies are assets and should not be mistakenly considered as currency. Stablecoins pretend to be currency. Lagarde emphasized that it is important to correctly define and classify crypto assets. They present themselves as currency, but in reality, they are not. Therefore, we all should be straightforward in the financial sector and at the regulatory level.

　　The Central Bank of Brazil is studying the feasibility of creating lottery and How to find it.

　　On September 3rd, Fabio Araujo, a representative of the Central Bank of Brazil, discussed the possible development of lottery and How to find it at an open hearing in the Brazilian Senate. According to the statement of Fabio Araujo, the representative of the Central Bank of Brazil, the institution is still studying the creation of lottery and How to find it. Currently, there is still discussion on the potential demand for Central Bank Digital Currency (CBDC) by society.

　　The Bank of Ghana will launch a pilot program to introduce the country’s lottery and How to find it e-cedi.

　　On September 3rd, the Bank of Ghana announced the launch of a pilot program to introduce the country’s lottery and How to find it e-cedi. According to Kwame Oppong, the director of financial technology and innovation at the central bank, lottery and How to find it can be saved as savings on smartphones and smartwatches.

　　The Savings Bank of the Russian Federation plans to register its digital asset issuance platform in September.

　　On August 31st, according to reports by the local news agency TASS on Thursday, Anatoly Popov, the vice president of the executive board of the Savings Bank of the Russian Federation (Sber), said that the bank plans to register its digital asset issuance platform with the Central Bank of Russia before mid-September.

　　Industry NewsOnline casino and The latest website

　　Data shows that September 3rd was the first deflationary day for ETH, with the destruction amount exceeding the block rewards by 352 ETH.

　　According to ETH Burn Bot statistics, on September 3rd, the Ethereum network destroyed a total of 13,838 ETH, while the block rewards produced were 13,485 ETH, resulting in a net reduction of 352 ETH, marking the first deflationary day for ETH.

　　The operators of the digital RMB present a ‘6+2+1’ pattern

　　September 3rd Beijing Daily news, currently, the operators of the digital RMB present a ‘6+2+1’ pattern, namely the Industrial and Commercial Bank, Agricultural Bank, China Construction Bank, Bank of Communications, Postal Savings Bank of China, six state-owned commercial banks, Ant Bank, WeBank, two private commercial banks, and the latest joined one joint-stock commercial bank – China Merchants Bank.

　　Twitter is testing the feature of displaying Bitcoin and Ethereum addresses on profiles

　　September 3rd news, according to a mobile developer who claimed to have reverse-engineered the feature, Twitter seems to be testing the addition of encrypted features to its Tip Jar service. The interface shown in the screenshot allows users to add their Bitcoin and Ethereum addresses to their profiles.

　　The South African Financial Market Conduct Authority reminds the public to be vigilant against Binance Groupsports betting secrets，come on baby

　　September 3rd news, the South African Financial Market Conduct Authority (FSCA) reminded the public to be vigilant against the unauthorized Binance Group.

　　E-commerce website Shop.com will accept lottery and How to find it payment through Bitpay

　　September 3rd news, the e-commerce portal Shop.com announced that it will accept lottery and How to find it payment. Shop.com will provide Bitcoin, Ethereum, and several other cryptocurrencies for payment through the encrypted payment service provider Bitpay.

　　Apple agrees to relax the App Store restrictions on small developers in the blockchain industry

　　September 3rd news, Apple Inc. has reached a settlement with the class action lawsuit filed by developers in 2019, agreeing to relax the restrictions on small developers on the App Store.sports betting help and Latest

　　The Special Plan for the Development of Yunnan Provincial Big Data Center proposes to focus on the development of blockchain

　　September 2nd news, the Yunnan Provincial Department of Industry and Information Technology issued the ‘Special Plan for the Development of Yunnan Provincial Big Data Center (2021-2025) (Draft for Comments)’, proposing to seize the opportunity of ‘East Data West Calculation’ and focus on the development of blockchain, while planning to build Yunnan into a growth pole for the big data industry in the southwest region, driving the concentration of related industries such as blockchain.

　　South Korea’s cryptocurrency exchange Gopax launches cryptocurrency monitoring standards and market early warning system

　　September 4th news, South Korea’s cryptocurrency exchange Gopax announced that it will introduce cryptocurrency monitoring standards and a market early warning system to establish a proper investment culture and protect investors. The six monitoring standards are: compliance, continuity of technological development, progress of product development, user protection, ethical risk, and financial stability.

　　Bithumb will ban foreigners without mobile phone authentication

　　September 3rd news, Bithumb, one of South Korea’s four major cryptocurrency exchanges, said on Thursday that foreigners who cannot verify their identity through mobile phones will not be allowed to use the platform. Affected users should withdraw their assets in advance, but no specific date was given. Previously, the company had decided to stop allowing foreigners to register without a foreigner registration card.

　　Financial giant SBI plans to launch Japan’s first digital asset fund, aimed at retail investors and investing in BTC among others

　　On September 1st, financial giant SBI Holdings plans to launch Japan’s first digital asset fund before the end of November, providing individual investors with a way to diversify their broader investment portfolios, investing in BTC, ETH, XRP, BCH, and LTC, among others.

　　Vast Bank becomes the first federal chartered bank in the United States to allow customers to buy, sell, and hold eight types of cryptocurrencies from checking accounts

　　On September 1st, Vast Bank customers can now directly buy, sell, and hold eight types of cryptocurrencies from FDIC-insured bank checking accounts. The cryptocurrencies that can be traded through the account include Bitcoin, Ethereum, Litecoin, Cardano, Filecoin, Orchid, Bitcoin Cash, and Algorand.

　　The Online casino and How to find it bill in Texas has officially taken effect, determining individuals’ rights to Online casino and How to find it

　　On August 31st, the Online casino and How to find it bill signed by Texas Governor Greg Abbott of the United States has officially taken effect as of September 1st. The bill treats ‘Online casino and How to find it’ as a secure transaction and places it under the Texas Uniform Commercial Code, while defining the term ‘Online casino and How to find it’ and determining individuals’ rights to Online casino and How to find it.

　　Investment and financing

　　Indian cryptocurrency startup Parcel completes $2.5 million seed round financing, with Dragonfly Capital leading the investment;

　　Cross-chain liquidity DEX HurricaneSwap, based on Avalanche, completes over $2 million financing, with AVATAR Ventures from Snowflake Asia Fund among the participants;

　　Animoca Brands strategically invests in blockchain platform Xverse;

　　Digital asset institution Cabital completes $4 million seed round financing, with SIG, Dragonfly, and GSR leading the investment;

　　Decentralized investment portfolio management protocol Pollen DAO completes $5 million financing, with The Graph and AlphaBit leading the investment