trading platform

The Guangzhou Municipal Financial Office issued the "Digital Currency 2.0 Plan," exploring the promotion of using digital renminbi as a prepaid payment method throughout the city

ChainCatcher news, the Financial Office of the Guangzhou Municipal Committee recently issued the "Action Plan for Further Promoting the Digital Renminbi Work in Guangzhou" (referred to as the "Digital Currency 2.0 Plan"). The "Action Plan" clarifies the main tasks of the pilot work from seven aspects.Further leverage the functional roles of the member units of the Guangzhou Digital Renminbi Work Leading Group. Each unit will formulate work plans for innovating and promoting digital renminbi application scenarios in their respective fields, implementing no less than one application scenario in their areas of responsibility.Explore promoting the use of digital renminbi as a payment method for prepaid services citywide.Vigorously create various digital renminbi application demonstration zones.Further enrich and improve application scenarios for digital renminbi in the transportation sector.Promote innovative digital renminbi application scenarios in the port and shipping sector.Actively advance the application of digital renminbi in cross-border payment and other businesses. Actively promote the participation of digital renminbi operating institutions and related enterprises in the pilot testing of the multilateral central bank digital currency bridge in the Guangzhou area. The Guangzhou Commodity Exchange's commodity trading platform and the Guangzhou Shipping Exchange's digital renminbi application will be implemented.Vigorously enhance the foundational strength of the digital renminbi industry.

Analyst: Major trading platforms in Europe and the United States will be closed for Christmas, and a deleveraging market before Trump's inauguration cannot be ruled out

ChainCatcher message, Greeks.live analyst Adam posted on social media that this Wednesday is Christmas, and major trading platforms in Europe and the United States will be closed for the holiday, with crypto funds typically showing outflows this week.Currently, ETFs are the main source of external funds for the crypto market, and the pressure from fund outflows on the crypto market has significantly increased compared to previous years, with strong risk-averse sentiment in the market. This bull market has not yet experienced a significant correction, and now with the Christmas holiday, funds are relatively tight. It is possible that there will be a deleveraging event before Trump's inauguration, with a strong risk-averse sentiment in the market.The options market has nearly $12 billion in options expiring, accounting for more than 40% of the current total open interest. Large traders and market makers are actively adjusting their positions, and paying close attention to the market can occasionally yield good opportunities for bargains. The volatility expectation for this week's Christmas is not high; the market is more focused on betting on the trends before and after Trump's inauguration at the end of January. Recently, it remains a good opportunity to buy options.
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