24H News Roundup Nov 6: BCH Will Embrace Its Hard Fork Upgrade On Nov 5
[Policy]
1. The Financial Services Agency of Japan plans to establish a restriction rule in 2019 to prohibit portfolios and sales of trust investments targeting virtual currency;
2. Turkey’s President Recep Tayyip Erdogan directed that the government should finish testing the national central bank digital currency (CBDC) in 2020;
3. Finland’s Financial Supervisory Authority (FIN-FSA) announced that it has granted registration to five crypto service providers.
[Cryptocurrency]
1. BCH will embrace its hard fork upgrade on Nov 15;
2. Stellar decides to cut the number of lumens for distribution and burnt 55 billion lumens;
3. The Aragon community has officially proclaimed itself against ProgPoW to block changes to Ethereum’s mining algorithm;
4. Justin Sun released a post on Weibo (Chinese Twitter) on Nov. 5 and claimed TRON network officially passed the №27 proposal, and the new incentive mechanism will take effect;
5. The core development team for Æternity announced its LIMA hardfork on Nov 5, releasing the latest software to miners and in fact, handing over governance to the community;
6. Walmart is partnering with Ripple partners, MoneyGram and Ria, to power its Walmart2World money transfer service;
7. NANO will go live on Kraken on Nov 6.
[Exchange & Wallet]
1. Binance has partnered with Advcash to offer deposits and withdrawals of Ruble (RUB) via the Advcash service;
2. Cryptocurrency exchange Binance could soon add support for Ukrainian hryvnia (UAH) and Kazakhstani tenge (KZT) for its direct fiat-to-crypto trading facility;
3. Gemini added an automated customer tax reporting function.
[Others]
1. The Softbank Group of Japan was turned down by the parent company of ACU after it offered $600 million to buy 62% of ACU’s share;
2. Coca-Cola’s bottlers now rely on the blockchain solution, which was developed by German software corporation SAP to keep track of all transactions that take place within 70 franchises;
3. Bangkok Bank (BBL) is set to roll out a blockchain-based letter of credit (L/C) service next month and aims for the innovative financial service to increase the bank’s trade finance business.

