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Top Crypto Events Planned for Tomorrow
1 - Bancor Network Token (BNT): Bancor V2.1 Voting Ends
Voting on Bancor v2.1 is live! The vote will last 3 days & conclude this Saturday, October 18 at 13:30 GMT.
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2 - PIVX (PIVX): AMA
Join the $PIVX alliance AMA voice chat at discord.pivx.org on 10/18/2020 1:00 pm EST to discuss what a #SENT & #PIVX Alliance can.
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Some World Crypto News
#1 - OKEx users found out that they couldn’t cash their chips early Friday as the founder of the cryptocurrency exchange was ‘arrested’.
Mingxing Xu, also known as Star Xu, was reportedly being questioned by police, Chinese news agency Caixin reported today. The news from Caixin came shortly after OKEx issued an “Announcement on Suspension of Withdrawals ” of crypto assets on its platform, meaning no one could get their money out. The company’s digital coin, OKB, fell nearly 11%.
#2 - Cryptocurrency adoption and investments remain low in Muslim countries as people are still unsure of its compliance with Islamic law. At the SCxSC Fintech Conference 2020 last week, Datuk Dr. Mohd Daud Bakar, an expert in shariah compliance, said that investors need more time to understand cryptocurrency from the shariah perspective.
Bakar is currently the chairman of the Shariah Advisory Council at the central bank of Malaysia, Securities Commission of Malaysia (SC), and the Labuan Financial Services Authorities. He is also a shariah board member at a number of financial institutions, including the Accounting and Auditing Organisation for Islamic Financial Institutions, Morgan Stanley (Dubai), Bank of London and Middle East (London), Noor Islamic Bank (Dubai), Jadwa-Russell Islamic Fund (Saudi Arabia), and Salama Islamic Insurance.