Daily View | Sunday November 28

The following content is organized and provided by PlatONWorld for the purpose of spreading more information and has nothing to do with PlatONWorld’s position. The content is from a third-party platform, and the accuracy, authenticity, completeness, validity, and real-time nature of the information are not guaranteed.

【LAT】

Total issuance	Circulation	Pledge rate	Total pledge	Number of addresses
10,250,000,000	2,251,460,000	26.39%	1,224,737,655.71	61,774

Data source: https://scan.platon.network/

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.2198	0.1911	29,889,097
BTC/USDT	55272.72	53500.00	16,924
ETH/USDT	4183.18	4032.74	83,492

Data source: Huobi Exchange

【10 days node data】

2021	Active	Candidate	Exiting	Exited
November 28	201	17	4	121
November 27	201	17	4	121
November 26	201	17	4	121
November 25	201	17	6	119
November 24	201	16	6	119
November 23	201	16	7	118
November 22	201	16	7	118
November 21	201	16	7	118
November 20	201	15	8	117
November 19	201	16	7	117

Data source: https://scan.platon.network/

【Industry News】

British Research Organization: The Bank of England should accelerate the pace of launching central bank digital currencies

On November 28th, the British research organization “Positive Money” stated that the Bank of England should speed up the launch of central bank digital currencies. The agency’s policy and advocacy director Simon Yule said: “Before 2030, multinational companies such as Facebook may have launched their own currencies. These currencies may rapidly expand in scale and dominate the global monetary system. And economic policy formulation has terrible consequences. Central banks should maintain the hope of democratic control over the currency and banking system, and they should act faster to introduce new central bank digital currencies.”

India plans to ban private cryptocurrency, push central bank digital currency

On November 28th, India is preparing a bill to supervise cryptocurrencies. The 2021 Supervision Bill for Cryptocurrencies and Official Digital Currency will be submitted at the winter meeting of the Indian Parliament starting on November 29. All private cryptocurrencies to promote the official digital currency issued by the Central Bank of India (RBI). Although the concept of private cryptocurrency is proposed in the bill, Indian regulation has not yet clearly defined it, which confuses the country’s cryptocurrency service providers, and panic selling has also appeared in the Indian market. On November 24, on the country’s well-known cryptocurrency exchange WazirX, Bitcoin (btc) fell from around 4.3 million Indian rupees (approximately 57,600 U.S. dollars) to 3.35 million Indian rupees (approximately 44,900 U.S. dollars) within a day. The biggest drop was 22%; more obvious was the sell-off of the US dollar stablecoin USDT, which fell from 75.9 Indian rupees (about 1 US dollar) to 60 Indian rupees (about 0.8 US dollars). Judging from the wording of the new bill, Indian regulation has left some room for cryptocurrency, and greater intentions may clear market obstacles for the upcoming central bank digital currency.