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The People’s Bank of China will certify 11 types of financial technology hardware and software that are widely used for digital payment and blockchain services with its new verification system called the Certification of Fintech Products.
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Bitfinex could very well be the victim and there could be many others, although not enough information is available yet to certainly say if they were indeed victims or not, but it would seem highly likely. At the same time, it’s interesting that this is only coming to light now and did not make more noise when it actually occurred or rather noticed. You would think with such a large amount of money someone would raise the alarm much sooner.
Kiffmeister’s Fintech Daily Digest 10/30/2019
