Provide users with digital asset storage, transfer, C2C lending, investment, market inquiry and other services. The first phase of the product has been put into operation in November 2018. It is headquartered in Singapore and has branches in the United States, Germany, Japan and China. Its founder Zhao Dong is the founder of d-fund, a well-known blockchain investment institution, and a shareholder of bitfinex exchange. Other members of the team are from well-known international Internet companies such as Alibaba, Tencent and today's headlines. Renrenbit team will give full play to its senior experience in the fields of market, technology, product and operation, and strive to build renrenbit into a more secure and better experience digital asset service platform. Renrenbittrrb: Renren bitrrb, the company publishes more annual financial reports (without audit) and publishes the company's annual results for the first time. According to the financial report, as of December 31, 2019, renrenrenbit's revenue in 2019 was 2.31 million usdt, the net profit was 610000 usdt, and the user asset stock was equivalent to 168 million usdt. According to bituniverse's exchange transparent asset data, renrenrebit's first year asset stock has reached the top 15 level of the exchange's asset swhich banks will let me trade digital currency cryptotock in the world, said zicen, chief marketing officer of renrenbit.
The central bank issued the China financial stability report (2020), which interprets the central bank's digital currency, private sector stable currency and other financial technologies in the special topic of global financial technology development and regulatory progress. The report also said that the financial management departments will do a good job in overall planning and coordination, strengthen the top-level design and overall layout of supervision, and accelerate the improvement of the regulatory framework of financial technology in line with China's national conditions. First, on the basis of innovative regulatory tools, on the basis of summarizing the pilot experience of financial technology innovation supervision, we should improve the risk monitoring system, timely issue white papers, and launch financial technology innovation supervision tools that are in line with China's national conditions and in line with international standards. Second, the core of regulation and prevention is to ensure the safety and regulation of regulatory arbitrage. The third is to build a digital regulatory reporting platform by means of digitization, and realize the formalization, digitization and routinization of regulatory rules by using artificial intelligence technology, accelerate the construction of digital regulatory capacity, and enhance the penetration and professionalism of supervision.
Ma Yun, founder of Alibaba group, said that digital currency may redefine currency. Although the main function of currency still exists, digital currency will definitely redefine currency, just as apple mobile phone redefines mobile phone. Today, digital currency is far from thewhich banks will let me trade digital currency crypto time to compete for standards, but the time to create value. It is necessary to think about how to establish a new financial system through digital currency, to think about the future for the whole world, to think about how to do global trade, and even more to think that there should be a database established on the basis of proven technology in the world, so as to truly solve the problem of sustainable world trade, and to solve the problem of sustainable development of world trade Green and inclusive issues.
According to 21 finance and economics report, President Yi Gang said in his speech today that there was a significant trend change during the epidemic period, that is, contactless finance became more popular, and people's activities have shifted from face-to-face to virtual platforms. New technologies such as big data and artificial intelligence not only bring pressure to traditional commercial banks, but also bring new challenges to the central bank. How to make financial services safer in the convenience and risk brought by technology is an important proposition for the central bank. At present (China's central bank digital currency) is still in its infancy. It needs to formulate a complex and complete legal and regulatory framework. We also look forward to discussing and cooperating with the bank for International Settlements and the global financial stability Committee, so as to make the central bank's digital currency develop steadily and ensure a more stable and secure future.
According to the overseas edition of peopwhich banks will let me trade digital currency cryptole's daily, Yi Gang, President of the people's daily, said that the research and development and application of legal digital currency can effectively meet the public's demand for legal tender under the condition of digital economy, improve the convenience, security and anti-counterfeiting level of retail payment, and boost the development of China's digital economy.