Blackmoon Crypto Trading Platform Closes
The site, which was one of the first to announce the placement of tokens of the Telegram messenger (Gram) after their approval, Blackmoon Crypto, announced its closure. The main reason for this decision was called by management difficulties of functioning against the background of tight regulation by the authorities.
China will have a national blockchain council
The Chinese authorities have created a national council that will create industrial standards for the blockchain industry, The Block reports, citing the Ministry of Industry and Informatization.
Shenzhen and Huawei authorities will jointly develop blockchain technology
Last Friday, the Chinese Shenzhen authorities and representatives of the country’s largest telecommunications company Huawei signed a cooperation agreement, under which they will jointly develop innovative technologies. About this writes the publication Global Times in its social network.
Peter Schiff again gave a negative forecast for the price of bitcoin
Bitcoin “will fall to the ground.” Such a prediction of the movement of quotes of the first cryptocurrency was given by an implacable critic of digital instruments, the chief global strategist of the investment company Euro Pacific Capital Inc. Peter Schiff on his social network.
European Parliament intends to expand the concept of cryptocurrencies
The EU Parliament has made a recommendation to expand the concept of digital assets and a list of regulated enterprises operating in the eurozone related to this type of activity. Thus, officials recognized that the Fifth EU Anti-Money Laundering Directive (AMLD5), adopted in 2018, can no longer meet the strict measures established by the FATF, therefore, the developers intend to bring the European version of the regulation in line with the international one.
Bitcoin Fold Joins Visa Program
The Bitcoin Fold crypto application has become a member of the Visa program aimed at creating its own fintech project debit card. With its help, holders will be able to earn bonuses from purchases in bitcoins and spend them at their discretion.
Fidelity will expand the range of services provided
The American holding company Fidelity will present its users more opportunities to work with financial assets. This decision was made after increased investor interest in the company’s proposals against the backdrop of the negative trend observed in traditional markets since March of this year.
Cryptopia customer assets recognized as their property
Assets of the New Zealand cryptocurrency bypass Cryptopia, which was hacked at the beginning of last year, are recognized as the “property” of their holders, according to local law. This decision enables former users of the site to hope for a faster return of funds.
The Central Bank of China will continue to develop a national crypto asset in times of crisis
The main financial regulator of China, the Central Bank, will continue to implement its program to create a national payment system based on the digital yuan. This was announced during an online conference with the vice-manager of the central bank, Ifei Fan, at which the participants discussed the main priorities for work this year in the conditions of a difficult global economic situation.
Deutsche Bank: Coronavirus threatens cash use
The largest financial conglomerate in Germany, Deutsche Bank, said that with the rapidly developing epidemic of coronavirus, the authorities need to develop national digital assets. Paper notes currently pose a real threat to human health, as they accumulate harmful bacteria that can be transmitted from person to person.

