Korea-US economic chief warns bitcoin… Yellan “Speculation” Lee Joo-yeol “No Intrinsic Value”
Warning messages about bitcoin and cryptocurrency came out one after another from the Korean-US economic authorities. Although it is not directly connected to the time these statements were made, the price of bitcoin, which has been steadily hitting the highest since the beginning of this year, is also plunging by more than 14% from the previous day on the 23rd.
US Treasury Secretary Yellen “Bitcoin is very speculative and inefficient”
Finance Minister Janet Yellen participated in the ‘2021 DealBook DC Policy Project’ hosted by the New York Times (NYT) on the 22nd (local time) and said, “Bitcoin is a very speculative method and inefficient.” Warned against coin investment.
Bank of Korea to test CBDC in the second half of this year
The Bank of Korea announced that it plans to build and test the CBDC pilot system in the second half of this year. An official from the Bank of Korea said, “The CBDC test will be conducted by setting various situations through simulation in a virtual environment.”
Bithumb became’eaten’ when Bitcoin fell 10 million won
At 11:35 pm on the 22nd, access to the site through mobile web, app, and PC was delayed due to increased traffic due to a surge in visitors. As BTC, which had recorded a maximum of 6,584 million won during the day, fell to 56.56 million won at 11:15 pm, it is interpreted as the fact that the selling price was concentrated at once.
Young-sun Park “Payment of tax in Seoul-style currency based on blockchain”
Candidate Park held a presentation on youth entrepreneurship and job change policy and said, “We will make Seoul a hub city of blockchain and protocol economy by distributing KS-Coin, the digital currency of blockchain technology, as a’stable coin’ based on Korean won. “We will be able to use it in online and offline stores anywhere in Seoul, and to pay taxes such as local taxes,” he said.
New York Melon Bank and Fireblocks to consign cryptocurrency business
BNY Mellon, the oldest bank in the United States, has decided to cooperate with digital asset platform Fireblocks to grow its bitcoin trust business, three savvy insiders said.
Doonamu (Upbit) and F&Guide jointly develop cryptocurrency index
Dunamu, which operates the cryptocurrency exchange Upbit, is promoting the digital asset (cryptocurrency) index business in partnership with F&Guide, a financial information company. Doonamu and F&Guide plan to release the TOP5 digital asset index, which is composed of the top five digital assets listed on the Upbit won market, with the highest market capitalization in the first half of this year.
In order for Bitcoin to become really popular
What is the proportion of women among domestic cryptocurrency investors? Although there are variations between exchanges, it is common that most exchanges have a significantly lower percentage of female users than males. There were even many places where gender distribution data were not even classified separately.
Can banks pass personal information over to the government without their customers knowing?
According to the news program “Tucker Carlson Tonight” named after the host on the 4th, on January 6th, after a mob raided the capitol in Washington, DC, the US capital, Bank of America released customer transaction data. To the federal investigative agency Since 1970, the U.S. government has virtually been able to look into people’s personal information whenever they want.
25% of American investors “have cryptocurrency”
A survey found that many Americans view cryptocurrency as a safe investment asset. Americans who already have cryptocurrency were surveyed as 25% of respondents, and 27% said they plan to invest in cryptocurrency this year.
How to bring physical assets into DeFi
The agency’s interest in DeFi is much greater than is generally believed.
1. Open DeFi Protocol has visible investment results.
2. The infrastructure for starting the DeFi business has already been established.
3. The digital asset and cryptocurrency loan business can expect a return of 5-20% per day.
4. Centralized liquidity pools also need much more liquidity than they do now.
5. Decentralized lending platform has high risk and transparency of capital status.
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