Headlines
Binance to Delist BCHSV on April 22
Binance announced the delisting of Bitcoin SV (BCHSV) effective April 22, 2019, at 18:00 UTC. All pending orders will be automatically removed post-trading halt. CEO Changpeng Zhao tweeted, "Do the right thing," supporting the decision.
Exclusive: Li Guangpeng’s Leadership Role at OKCoin
Li Guangpeng, formerly an operations executive at OKCoin, has been appointed legal representative of Beijing Okailianchuang Network Technology Co., Ltd. (OKCoin’s parent company), replacing founder Mingxing "Star" Xu. Insiders describe Li as overseeing "all digital currency-related operations," including fund management and approvals.
Digital Currency Updates
- BCHSV Plummets 10% in 24 Hours following Binance’s delisting notice. Conversely, BCH surged 15% amid the news.
- ShapeShift Joins Delisting Trend, announcing BSV’s removal within 48 hours, citing alignment with Binance’s stance.
Blockchain Applications
Beijing’s Haidian District leverages blockchain for streamlined government services, enabling simultaneous property registration and utility transfers.
Heilongjiang’s Wuchang City invests $7.3M in a blockchain-based rice traceability platform to combat counterfeit products.
Porsche Tests Blockchain for Parking Fees, automating microtransactions via a partnership with Quantoz.
Nestlé, Carrefour & IBM collaborate to trace Mousline potato supply chains using IBM’s Food Trust blockchain.
Global Policies
🇰🇷 Busan, South Korea, designated as a Blockchain Regulation-Free Zone, aims to attract SMEs with 13 blockchain-focused initiatives.
🇫🇷 France Exempts Crypto Trading Taxes for retail investors in 2019, excluding professional entities.
🇧🇾 Belarus Proposes Bitcoin Mining Hub near nuclear power plants to capitalize on low-cost energy.
Funding & Investments
📉 2345.com Fails to Fulfill Blockchain Subsidiary Funding as per its 2018 annual report.
🇯🇵 ST Blockchain Fund Invests $200M in Bithumb’s parent company BXA to enhance cross-border digital trading.
💡 *ConsenSys Seeks $200M Funding** at a $1B valuation (per The Information*).
🚀 London’s Turquoise Platform hosts 20|30’s tokenized stock sale, raising $393K.
FAQs
Q: Why did Binance delist BCHSV?
A: Binance cited community standards and "doing the right thing," though specifics were undisclosed.
Q: What’s the impact of France’s crypto tax exemption?
A: Retail investors benefit from simplified taxes, but professionals remain taxable.
Q: How does blockchain improve supply chains?
A: It enhances transparency (e.g., Nestlé’s potato tracking) and reduces fraud (e.g., Wuchang’s rice platform).
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