Scan to download
BTC $66,135.55 -0.76%
ETH $1,808.54 +1.45%
BNB $613.50 -1.89%
XRP $1.24 +0.15%
SOL $74.47 +1.59%
TRX $0.3175 -1.09%
DOGE $0.0879 -2.36%
ADA $0.1790 -3.93%
BCH $220.62 -2.58%
LINK $8.34 -0.25%
HYPE $76.23 +12.00%
AAVE $75.17 +1.30%
SUI $0.7974 -1.87%
XLM $0.2253 +10.01%
ZEC $510.45 -4.04%
BTC $66,135.55 -0.76%
ETH $1,808.54 +1.45%
BNB $613.50 -1.89%
XRP $1.24 +0.15%
SOL $74.47 +1.59%
TRX $0.3175 -1.09%
DOGE $0.0879 -2.36%
ADA $0.1790 -3.93%
BCH $220.62 -2.58%
LINK $8.34 -0.25%
HYPE $76.23 +12.00%
AAVE $75.17 +1.30%
SUI $0.7974 -1.87%
XLM $0.2253 +10.01%
ZEC $510.45 -4.04%

for

Michael Saylor proposed a five-layer architecture for digital assets, stating that Bitcoin will evolve into the foundation of the global financial system

This morning, Strategy founder Michael Saylor proposed the concept of "Modern Digital Asset Stack," believing that Bitcoin is not only digital capital but will also become the underlying foundation for financial products such as digital credit, digital money, digital yield, and digital equity, driving Bitcoin's evolution from a single asset to a global financial architecture.Saylor stated that Bitcoin does not require protocol modifications, staking, or issuance increases, and its volatility can be transformed into yield-generating products through capital structure. Among them, digital credit represented by STRC-type products can provide yields, while digital money can build stable value instruments with a yield of about 6%-8% by combining Bitcoin-supported credit assets with cash equivalents.He believes that in the future, stablecoins, payment networks, wallets, exchanges, and DeFi protocols can all operate based on Bitcoin-supported capital structures, providing digital capital, yield products, and stable value assets for investors with different risk preferences.Saylor emphasized that Bitcoin will still maintain a fixed supply cap of 21 million coins, and the vast majority of innovations should occur at the levels of custody, securities, credit, payment systems, and capital markets, rather than changing the Bitcoin protocol itself, stating, "Bitcoin is digital capital, and the world will build a financial system on top of Bitcoin."

The Digital Renminbi International Operation Center has launched the "Shubi Da" cross-border settlement platform, with the first batch signing contracts with 26 institutions

The Digital Renminbi International Operation Center officially signed service agreements with the first batch of 26 financial institutions in Shanghai, marking the official launch of the brand operation of the upgraded "Digital Currency Cross-Border Settlement Comprehensive Service Platform" (CBETS).It is reported that with the overall upgrade of the infrastructure architecture, the original three platforms for cross-border digital payment, blockchain services, and digital assets have been officially integrated into CBETS. This platform has outstanding advantages such as low access costs, high settlement efficiency, and strong compatibility: it technically supports both centralized and blockchain systems, and the message standards are compatible with ISO20022; the business scenarios not only support cross-border retail scenarios such as barcode payment and tap-to-pay but also comprehensively cover remittances, trade, and investment and financing settlement, as well as wholesale and financial innovation businesses.The first batch of 26 financial institutions includes overseas branches and subsidiaries of banks such as ICBC, ABC, BOC, CCB, Bank of Communications, Pudong Development Bank, and Guangfa Bank, as well as Standard Chartered China and Xinyin International. After the business goes live, its services will cover multiple countries and regions including Hong Kong, Macau, Singapore, Laos, Thailand, the UAE, Qatar, and Brazil, further leveraging digital technology to facilitate cross-border trade and investment financing.

The Bank of Ghana has ordered banks to stop supporting unauthorized foreign currency digital wallet services provided by cryptocurrency platforms

According to Bitcoin.com, the Bank of Ghana has issued a mandatory directive requiring all regulated financial institutions to immediately cease support for unauthorized foreign currency digital wallet services provided by cryptocurrency platforms. The central bank stated that several cryptocurrency platforms operating in Ghana offer digital wallet services denominated in foreign currencies (primarily US dollars) that integrate with the local banking system through direct bank transfers, payment cards, and other channels. These cryptocurrency platforms are not authorized to conduct such activities.The central bank pointed out that these foreign currency digital wallets involve compliance requirements under the Payment Systems and Services Act of 2019 and the Foreign Exchange Act of 2006. Due to the lack of necessary approvals for cryptocurrency platforms, the banking infrastructure supporting these services is illegal. The directive takes effect immediately and applies to banks, deposit-taking institutions, electronic money issuers, and payment service providers, prohibiting the establishment or maintenance of any arrangements supporting these unauthorized fiat wallet systems. Non-compliant institutions will face regulatory or enforcement actions. The central bank has established a virtual asset service desk for businesses to consult on compliance matters.
app_icon
ChainCatcher Building the Web3 world with innovations.