Promote the research and development of blockchain technology in the world, accelerate the popularization of digital currency!
On May 12, ZB Research Institute learned that the economic daily published an article “to achieve high-quality development, we need to activate the vitality of digital infrastructure”. The article said that the development of digital infrastructure is conducive to the creation of new supply, and we must vigorously develop the communication network infrastructure represented by 5g, Internet of things and satellite Internet.Computing infrastructure represented by data center and Intelligent Computing Center, as well as digital infrastructure represented by new technology infrastructure such as artificial intelligence, cloud computing and blockchain.
Internationally, on May 12, the European Central Bank will decide whether to start academic research on digital euro in the middle of 2021.Previously, the European Central Bank has promised not to use digital euro to implement deep negative interest rates, and in other major central bank experiments, central bank digital currency (CBDC) will not generate interest.If the same framework is adopted, the digital euro is likely to operate in a way similar to physical cash.According to ZB Research Institute, the European Central Bank may implement digital Euro around 2025.
At present, Israel is also studying the issue of central bank digital currency (CBDC). At present, the steering committee of the Bank of Israel has released the draft CBDC central bank digital currency model.
On May 12, the US Texas house of Representatives passed the “virtual currency act” to recognize the legal status of virtual currency.According to ZB Research Institute, the purpose of the bill is to add the term “virtual currency” to the uniform commercial law. According to the bill, “virtual currency” refers to the digital representation of value, which serves as the medium of transaction, account unit and / or value storage means, and is usually protected by blockchain technology.
ZB Research Institute believes that actively promoting the research and development of blockchain technology in countries around the world will drive the positive trend of the global digital money market in the longer term and have a key impact on the field of digital asset trading.The accelerated popularization of digital currency will also make more people contact and realize digital currency and join in the field of digital currency transaction, which will have a positive effect on digital currency transaction.
On May 12th, Tesla CEO musk launched a “do you want Tesla to accept DOGE to pay?”According to the voting data, 77.9% of the voters support Tesla’s acceptance of DOGE payment, and 22.1% of the voters oppose Tesla’s acceptance of DOGE payment. Musk will announce the voting results in the near future.
Jane Fraser, President of Citigroup and head of global consumer banking, said that cryptocurrency and digital currency will be part of the financial services provided by Citibank.It means that after Goldman Sachs and Morgan Stanley, Citibank may also lay out the field of digital asset trading.
On Tuesday, the Central Bank of Bahrain said in a statement on Tuesday that the Central Bank of Bahrain is working with JPMorgan Chase and bank ABC to launch a pilot program of digital currency settlement.Arab Banks and JPMorgan will try to transfer funds to or from the Central Bank of Bahrain by paying suppliers in dollars.
In addition, e-commerce giant eBay will allow NFT to be sold on the platform.The company said that in the short term, it will provide NFT inventory to sellers who meet eBay standards, and users will see plans, policies and tools for purchasing and selling NFT in the future, covering a wider range of categories.
ZB Research Institute believes that the layout of the above enterprises in the fields of digital currency trading and financial services is enough to point out the investment direction for ordinary investors in the next three to five years.After more and more banks, institutions and multinational enterprises are involved in the field of digital currency trading, the investment profit space of ordinary people will be gradually reduced, and the growing market will be gradually standardized and rationalized.
