Cointime

Download App
iOS & Android

China's National Blockchain Technology (Energy Field) Innovation Center Established

China's National Blockchain Technology (Energy Field) Innovation Center was officially established at the "Blockchain + Privacy Computing Development Forum" on May 29. This innovation center is the first national industry innovation center established in a key area of the national economy after the National Blockchain Technology Innovation Center was put into operation.

The center will focus on building industry innovation platforms, cultivating comprehensive talents for technology transfer and achievement transformation, and constructing high-end blockchain think tanks in the energy industry.

Comments

All Comments

Recommended for you

  • The Hong Kong Securities Regulatory Commission’s official website has listed the Bitcoin and Ethereum spot ETFs and stock codes of China Asset Management, Bosera and Harvest.

    Hong Kong Securities and Futures Commission website has listed the Bitcoin and Ethereum spot ETFs of three fund companies, Huaxia, Boshi, and Jiashi, with approval dates all on April 23, 2024. The related funds are not derivative product funds, specifically including:1. Huaxia Bitcoin ETF (BUU163) with share codes of 03042, 09042, and 83042;2. Huaxia Ethereum ETF (BUU164) with share codes of 03046, 09046, and 83046;3. Boshi HashKey Bitcoin ETF (BUU104) with share codes of 03008 and 09008;4. Boshi HashKey Ethereum ETF (BUU105) with share codes of 03009 and 09009;5. Jiashi Bitcoin Spot ETF (BUT244) with share codes of 03439 and 09439;6. Jiashi Ethereum Spot ETF (BUU885) with share codes of 03179 and 09179.
  • Correction: Nigeria’s central bank says “freezing Bybit, KuCoin, OKX, Binance user accounts” is unofficial

    The official X account of the Central Bank of Nigeria (CBN) stated that the announcement "the Central Bank of Nigeria will freeze Bybit, KuCoin, OKX, and Binance user accounts" is not an official release. Previously, according to Cointelegraph, the Central Bank of Nigeria (CBN) issued an instruction requiring all banks and financial institutions to identify individuals or entities trading with cryptocurrency exchanges and ensure that such accounts receive no debit (PND) instructions within six months.
  • Market News: South Africa authorizes 75 companies as cryptocurrency service providers

    According to Jinshi news, South Africa has authorized 75 companies as cryptocurrency service providers.
  • Philippines SEC: Remove Binance App from Google and Apple App Stores

    Philippine Securities and Exchange Commission stated that we have taken action to remove the Binance app from the Google and Apple app stores.
  • HKEX: The uniform margin rate for non-constituent virtual asset spot ETFs will be set at 30%

    The Hong Kong Stock Exchange (HKEX) and Hong Kong Securities Clearing Company Limited issued a notice on the "Margin Rates for Trading Virtual Asset Spot Exchange Traded Funds (ETFs)". It was pointed out that the following risk management arrangements, which refer to the announcement issued on April 17, 2024 (No. ETP/001/24), will take effect on the same day as the launch of the virtual asset spot ETF:
  • Ontario Court of Justice in Canada Sues Binance for Violating Securities Laws

    According to a report by Financefeeds, the Ontario Superior Court of Justice in Canada has filed a class action lawsuit against the Binance cryptocurrency trading platform, accusing it of selling cryptocurrency derivatives to retail investors without registration, in violation of securities laws. The lawsuit seeks damages and the rescission of these trades. It also claims that Binance's business failed to register and file a prospectus in accordance with securities regulations. The court stated in its ruling that the plaintiffs claimed that these sales were illegal and invalid due to a lack of necessary registration.
  • The Hong Kong Securities and Futures Association recommends the establishment of an independent self-regulatory organization for the development of the virtual capital industry

    The Hong Kong Securities and Futures Professional Association has published a letter to the Hong Kong Treasury Department on its official website, suggesting the establishment of an independent self-regulatory organization for the securities industry, futures industry, asset management industry, and virtual asset industry. It pointed out that "in the case of Hong Kong, the Association suggests that the Securities and Futures Commission should still retain the power to regulate market behavior (such as prohibiting insider trading, fraud, and market manipulation), but the power to issue licenses should be split and given solely to a self-regulatory organization composed of the securities industry, futures industry, asset management industry, and virtual asset industry (and broadly defined as licensed intermediaries engaged in regulated activities defined by the Hong Kong Securities and Futures Commission).
  • Thai Authorities to Block "Unauthorized" Crypto Platforms

    Thai authorities have announced plans to block crypto platforms that they deem "unauthorized". The specific entities that are considered unauthorized have not been named, but users have been advised to withdraw their assets quickly. The move is aimed at increasing the efficiency of law enforcement in tackling online crime. The Securities and Exchange Commission has been tasked with submitting information on unauthorized digital asset service providers to the Ministry of Digital Economy and Society to block access to these platforms.
  • Shanghai Municipal Party Committee Secretary: Welcome Standard Chartered to establish more new institutions, new businesses and new platforms such as blockchain in Shanghai

    Chen Jinong, the Secretary of the Shanghai Municipal Party Committee, met with Weihao Si, the Chairman of the Board of Directors of Standard Chartered Bank, and Mark William D'Arcy, the Executive Director, and some members of the Board of Directors yesterday morning. Chen Jinong stated that he welcomes Standard Chartered Bank to leverage its own advantages, strengthen strategic connections, place more new institutions, businesses, and platforms such as wealth management and blockchain in Shanghai, focus on deepening pragmatic cooperation in technology finance, green finance, digital finance, and create more application scenarios, and provide comprehensive and professional service support for enterprises to go abroad.
  • Vitalik: Humanity needs to create a world where blockchain and artificial intelligence work together

    Vitalik Buterin, the founder of Ethereum, stated at BiddleAsia 2024 held at Signiel Seoul in the Songpa district on March 28 that artificial intelligence is a huge market and its importance is increasing day by day. We need to create a world where blockchain and artificial intelligence work together. Artificial intelligence can now create applications with 100 to 500 lines of code. Vitalik also stated that the ability to write 10,000 lines of code can eliminate most of the bugs in the Ethereum virtual machine.