Daily digital currency dynamics summary (2024-08-27)

1. Economic Daily: Strictly prevent virtual assets from becoming a tool for money laundering.

2. China Court Network: A virtual currency platform ran away and investors could not recover millions of dollars. The court ruled that the loss should be borne by themselves.

3. The US SEC accused a pair of brothers of using cryptocurrency trading robots to implement a $60 million Ponzi scheme.

4. French President Macron: The arrest of Telegram founders is not politically motivated, but based on judicial investigations.

5. The Indian government launched an investigation into Telegram, saying that the application was suspected of being abused for criminal activities such as extortion and gambling.

6. The market value of stablecoins has grown for 11 consecutive months, breaking through $168 billion to a record high.

7. Russia is about to start trials of encrypted payments and exchanges.

8. Investment advisors increased their holdings of spot Bitcoin ETFs worth $1.1 billion in Q2 this year.

9. The Coinbase developer platform is building an API that allows AI to proxy multiple functions, including creating MPC wallets.

10. Yang Bin, chairman of Singaporean company A&A, was sentenced to 6 years in prison for allegedly organizing a crypto mining investment scam.

11. Aave Labs announced plans to use shares of BlackRock's tokenized fund BUIDL to stabilize GHO.

12. Pavel Durov was arrested on 12 counts including cybercrime against "cryptography" services.

13. The UK Financial Conduct Authority has not approved cryptocurrency company registration applications for 6 consecutive months. #美联储何时降息？