The New York Stock Exchange submitted a proposal to the SEC to change the ETF rules of Bitcoin.

The Securities and Exchange Commission (SEC) announced on February 11 that it had begun reviewing the proposals of changing Bitcoin ETF rules submitted by Arca and Bitwise, two companies of New York Stock Exchange. The proposal was published in the Federal Register on February 15, which meant that regulators had 45 days to decide whether to approve, reject or extend the proposal.

2019-02-15
Notice
Interpretation of "Block Chain Information Service Management Regulations": Block Chain Is No Longer An Extrajudicial Place From Today On

As a new Internet application technology, block chain technology has once become an "extrajudicial place" because of the lack of clear regulation and supervision while bringing development opportunities. On January 10, 2019, the National Internet Information Office promulgated the ‘Block Chain Information Service Management Regulations’ (hereinafter referred to as the Regulations). It came into effect on February 15, 2019, and ended the situation that block chain information services has no law to base on. This article will interpret the Regulations from three aspects: the background of its appearance, the content of its provisions and the places to explore.

2019-02-18
Notice
Hard Core: 6000 Words to Understand Lightning Network Principle

If Alice and Bob complete a deal, having their own account books on hand, they may tamper with the books in the direction that is good for them without third-party’s witness. How do banks solve this problem? In the traditional banking industry, the bank acts as a third party that both sides trust, to keep accounts, and it is subject to the third-party’s accounts because Alice and Bob trust it. So it's useless for both sides to tamper with the account books anyway.

2019-02-15
Notice