24H News Roundup Nov 7: Russia Planning On Creating Legal Statutes Allowing The Government To Confiscate Bitcoin
Nov 7 · 1 min read
[Policy]
1. The Hong Kong Monetary Authority (HKMA) of China has revealed it is conducting research into applications for a central bank digital currency (CBDC);
2. Russia is planning on creating legal statutes allowing the government to confiscate Bitcoin (BTC), which could enter into law in 2021;
3. The municipal Shanghai government has joined forces with financial institutions to create an alliance to foster the use of blockchain for global trade.
[Exchange & Wallet]
1. Binance’s Margin Trading platform has added BNB/ETH to its list of available trading pairs.
[Others]
1. Micree Zhan says he’ll take legal action to return to Bitmain;
2. JPMorgan will release E-Wallet service.

