ChainCatcher news, according to Cointelegraph, based on a report released by the Commodity Futures Trading Commission (CFTC) Global Markets Advisory Committee on November 21, the CFTC has approved the use of blockchain technology to manage trading collateral in the U.S. derivatives market.The report states that blockchain technology (including distributed ledgers and tokenization) can address long-standing challenges in traditional derivatives exchanges and expand the types of assets available for collateralized trading.

ChainCatcher news, Coinbase Ventures stated on platform X that they believe cryptocurrency is a natural complement to artificial intelligence, making the technology more transparent, efficient, and secure. They also believe that blockchain technology will become the infrastructure driving the future AI agent economy, creating an agent network. Coinbase Ventures noted that they see three main intersection points between cryptocurrency and artificial intelligence:An AI agent economy supported by cryptocurrency and blockchain technology.Decentralization of the AI stack (e.g., computing, data sovereignty, verifiable reasoning, etc.).On-chain applications of AI to unlock previously unimaginable new crypto applications.

ChainCatcher news, ARK Investment Management believes that technological innovation, particularly artificial intelligence and blockchain technology, could play a key role in revitalizing the global economy.As inflation shifts to deflation in multiple sectors, ARK Invest believes that robotics, energy storage, artificial intelligence, blockchain, and multi-OMIC (biological analysis) sequencing may have a significant impact on macroeconomic indicators in the next five to ten years. Catherine Wood stated that interest rates may be lower than expected, which could amplify the gains of certain stocks and enhance the demand for diversified artificial intelligence investments.

ChainCatcher news, according to Hong Kong 01 report, the CEO of the Hong Kong Securities and Futures Commission (SFC), Ashley Alder, stated in an interview that the development of a regulatory framework for virtual asset trading platforms is being advanced, supporting the tokenization of traditional products, and utilizing blockchain and Web3 foundational technologies, with the entire framework expected to be completed at least by next year.Regarding virtual asset trading platforms (VATP), Alder mentioned that the SFC has issued the third license to the Hong Kong Virtual Asset Exchange (HKVAX), with the other two licensed platforms being OSL Exchange and HashKey Exchange. Additionally, there are 11 platforms that are considered applicants for licensing; Alder indicated that the first phase of on-site inspections has been conducted, and requirements have been proposed for these applicants to rectify issues, with the goal of making new progress by the end of the year, including the issuance of licenses in batches.In terms of over-the-counter (OTC) services, Alder stated that the SFC has developed a new licensing regime for cryptocurrency OTC services and their custody services, and is seeking industry opinions.

ChainCatcher news, CryptoQuant founder Ki Young Ju posted on X that as long as cryptocurrency and Web3 are well-regulated, they are not scams.Ki Young Ju stated: "Web3 achieves borderless collaboration and value creation through token-based incentives, functioning more like a protocol than a company. This marks a revolution in the way humans cooperate. While multinational companies like Google employ hundreds of thousands, Web3 protocols could one day involve millions.Scams do exist, just like in any financial sector, but this should not overshadow the immense potential of blockchain technology. With smart regulation, Web3 can transform into a stable and trustworthy space. With the right rules, Crypto and Web3 can thrive responsibly. One day, the government will make this happen.The question is, how long will it take? That’s why I prefer politicians who are interested in cryptocurrency, even if some of their views are extreme. Without interests, nothing can be done, and regulation will not develop. This is the current situation in South Korea. I hope politicians can speak freely about cryptocurrency to drive progress."

ChainCatcher news, little Trump posted on the X platform stating that he is willing to pay a huge sum for Harris to explain cryptocurrency and blockchain technology, but it cannot be done with a teleprompter; the longer Harris speaks, the more he will be paid.Little Trump also mentioned that he is willing to pay for Harris to debate with his 15-year-old son about cryptocurrency and blockchain technology.

According to ChainCatcher, as reported by FOX Business journalist Eleanor Terrett, during a hearing held by the House Financial Services Committee, SEC Chairman Gary Gensler stated that he maintains a "neutral" stance on blockchain technology.Gensler stated, "Putting something on a blockchain ledger does not change the economic situation; the key is whether it is a good investment, and we take a neutral stance on that."

ChainCatcher news, according to Jinshi reports, Shanghai officially launched the pilot program for "blockchain-based bulk commodity supply chain financing" this afternoon. The first four bulk commodity trading companies that settled on the platform, along with the Nonferrous Metals Trading Center and Shanghai Port Cloud Warehouse, signed a strategic cooperation agreement with Bank of Communications.The launch of the pilot program for "blockchain-based bulk commodity supply chain financing" in Shanghai aims to leverage financial technology innovation, utilize the government's guarantee fund, and promote the development of blockchain-based supply chain finance to better serve the real economy.

ChainCatcher news, in order to further optimize the business environment and enhance the convenience of cross-border tax payment, since February 2024, the Shanghai headquarters of the People's Bank of China has been actively exploring new models for cross-border remittance and tax payment in collaboration with the Shanghai Municipal Taxation Bureau of the State Administration of Taxation. By utilizing blockchain technology, a "one-stop" online service for cross-border electronic tax payment, including overseas remittance, tax payment, and storage, has been achieved, effectively addressing the three major pain points of non-resident enterprises in cross-border remittance and tax payment: "multiple runs," "high costs," and "difficult foreign exchange settlement."As of the end of August 2024, the new model for cross-border remittance and tax payment in Shanghai has cumulatively completed tax payments of 1.486 billion yuan. The pilot banks include ICBC, ABC, and Bank of China in the city, with currencies involving RMB, USD, EUR, JPY, etc., and tax types covering corporate income tax and stamp duty. (Jinshi)

ChainCatcher News, September 6, 2024, DeepBrain Chain (DBC) and DeepLink Protocol (DLC) officially signed a strategic cooperation agreement with the Korea Internet PC Culture Association (IPCA). This collaboration aims to leverage the high-performance computing resources of idle PC rooms in Korea to support the development of AI technology and the practical application of blockchain technology.IPCA manages approximately 3,000 member internet cafe chains in Korea, covering more than 20,000 internet cafes nationwide. Through this cooperation, the high-performance computing equipment in these cafes will provide the necessary computing power for AI inference and development projects during idle times, thereby achieving efficient resource utilization. For cafe owners, this collaboration not only brings a new revenue model but also improves the utilization efficiency of their equipment.DeepBrain Chain plans to expand its AI public chain network through this cooperation, enhancing its global node count and network stability. Meanwhile, the advanced technology of DeepLink Protocol will further optimize the use of computing resources in cafes, helping to achieve smoother game streaming services and AI computing. This collaboration marks a deep integration of AI technology and blockchain technology in traditional industries, which will play an important role in more fields in the future.Through this strategic cooperation, both parties expect to promote the large-scale implementation of cloud internet cafes in Korea, significantly reducing investment and operational costs for store owners and improving return on investment (ROI). This initiative is expected to enhance the ecological influence of DBC and DLC in Korea and significantly increase their number of token-holding users, further consolidating their position in the Korean market.

ChainCatcher news, according to Decrypt, the DePIN project Spacecoin plans to provide high-speed internet services to underdeveloped areas by launching nanosatellites. The project has the support of U.S. military generals, lunar scientists, NASA astronauts, and blockchain industry experts.Spacecoin will utilize blockchain technology to manage data transmission, allowing users to pay network fees with cryptocurrency. The first satellite, CTC-0, is expected to be launched in the fourth quarter of 2024, aiming to establish a global 5G network at a lower cost to help bridge the digital divide.