The adoption of digital assets is increasing.

This week will focus on colleges accepting digital assets and cryptocurrencies. Also, the latest version of the cryptocurrency miner exchange rate hike announced by Red Block Lab has been released on the official website, so read it!

Below, we explain how governments and businesses have increased their involvement in the digital heritage ecosystem.

01

A breakthrough in the heritage of the digital ecosystem

Recently, as the number of blockchain service providers has grown rapidly, KB Kookmin Bank, Korea's largest bank, is a prime example. Joshua Stoner of Securities.io, Korea's largest bank, said, “KB Kookmin Bank's decision will generate a lot of interest. KB Kookmin Bank is known to seek out surveillance deals with certain companies, and its services include exchanging digital products in addition to cryptocurrency exchanges.

BitOoda is a member of the Financial Services Regulatory Commission (FINRA) and is a registered trader with the Securities and Exchange Commission (SEC). The company will set up a private equity firm and provide brokerage services for the SAFT (Simple Contracts for Future Tokens) middle market. This decision is important because "the creation of the SAFT brokerage division of BitOoda will make the US digital asset ecosystem the first company to provide financial services to second-tier SAFT operations, both of which are compliant with security regulations. “Marketing Opportunity Reduces the risks you face when trading digital assets by responding to urgent market needs and the real center of attention. As explained in the current issue of Newsletter Week, this paves the way for home adoption.

02 ib

Other news management

The US Department of the Treasury (OCC) has established a platform for entities active in the digital assets industry in the United States with the aim of expanding and streamlining the marketing of digital assets in the United States. In fact, these measures show that the OCC recognizes "the role of banks in safeguarding digital advantages". In particular, "the OCC noted that" cryptocurrency regulatory services, such as holding the cryptographic key specifically associated with the cryptocurrency, are a modern form of banking activity. " digital assets by enabling businesses to monitor digital assets.

03

Institutional Accept Bitcoin

Microstrategy, a venture capital firm, said "its entire $ 250 million financial project has invested in digital assets." Since it is a conglomerate with a market cap of around $ 1.2 billion, the direction of the cryptocurrency is very important. Microstrategy CEO Michael J. Saylor said in a statement to Nasdaq: “Cryptocurrencies have a strong ecosystem with technological backing, which is why Bitcoin has long-term value compared to owning it. cash. ”This is an important reason for its potential. The important thing is that the digital heritage ecosystem can inspire companies to invest heavily in digital assets.

The previous article concludes

1. With the integration of government, large financial institutions such as KB Kookmin Bank and BitOoda have started to provide digital business services, and the vision of good governance behavior has also improved.

2. The US OCC has issued a firm statement that banks can act as cover companies, alternatively for clearer governance.

3. Bitcoin has gained the trust of many organizations through Microstrategy, which has a market value of $ 1.2 billion, which has invested all of its hedge funds in Bitcoin.