The official website of ICE, the parent company of the New York Stock Exchange, includes 58 digital currencies.

On March 15, heavy news came from Wall Street. ICE Group, the parent company of the New York Stock Exchange, announced the establishment of a "Cryptocurrency Database" and displayed it on ICE's official website. 58 currencies were selected into its cryptocurrency database, including BTC, ETH, EOS, HT, ELA, etc.

ICE Group sent out 6 tweets that day to vigorously promote their new "cryptocurrency database". Judging from the promotional materials, their data should be in cooperation with "Blockstream", the technology company behind Bitcoin. This new Data Feed should be a large and comprehensive database that provides real-time data on cryptocurrency spot and futures trading pairs, historical data, etc. It is a bit like a more comprehensive and official CMC (coinmarketcap). It not only has strong technical support accumulated by ICE for many years, but also has the attention of countless traders and investors around the world. This is a major step for ICE to enter the world of cryptocurrency.

From the examples of the projects above, it is not difficult to see the ICE Group’s criteria for selecting projects. The projects of the currencies included in the database are all projects that have broad community consensus, strong technical support, and are progressing smoothly. It goes without saying that BTC is a big player and its name must be included in the database. ETH has the status of the world's number one smart contract public chain and is well-deserved for being selected.

EOS is a blockchain and smart contract platform that can be used to develop, host and execute commercial-grade distributed applications (dApps) with a focus on speed, scalability and user experience. Simply put, EOS is a universal platform on which many distributed applications can be built. There are currently many DApps deployed on the EOS platform, with daily activity exceeding 10,000 and huge transaction volume. The prosperous community ecology of EOS must be the object of global attention.

Huobi.com is committed to building a safe and trustworthy Bitcoin trading platform. Its HT is the only platform currency selected in its cryptocurrency database, which illustrates the importance that ICE Group attaches to Huobi's strength and future development prospects.

ELA is the token of the Elastos project. Elastos is committed to building the world's first secure and trustworthy new generation Internet driven by blockchain. The project has a strong technical background and innovative infrastructure. Its infrastructure system includes Elastos Blockchain, Elastos Carrier, ElastosRuntime, Elastos Services, etc. It is understood that the development progress of the project has been advancing steadily, and Elastos will soon start the DPoS super node election, open joint mining on the entire network and other major events, which is great news for the community. ICE Group believes that the choice of ELA is closely related to Elastos' previous efforts for compliance as well as the project's powerful technology and active community. It also shows that ICE Group is optimistic about the project.

After experiencing the cold winter of 2018, it can be said that the cryptocurrency market is gradually recovering, and the global understanding and attitude towards cryptocurrency are also constantly changing. Although the concept of cryptocurrency has not yet been widely recognized by regulatory authorities in various countries, its attributes as private property and investment assets are increasingly being substantially recognized.

Most countries recognize cryptocurrencies as private property

In May 2018, a South Korean court ruled on a case of illegally operating a pornographic website. While the criminal suspect An was sentenced, property confiscated and fined, 216 Bitcoins owned by An were also confiscated. A South Korean court said that cryptocurrencies obtained by crime can be confiscated as "criminal proceeds," which will help eradicate crimes using cryptocurrencies.

In October 2018, a Chinese court also set a precedent for cryptocurrency-related legal proceedings when deciding a civil dispute. The three companies jointly sued Company A, requiring Company A to perform the contract and compensate 20.13 Bitcoins (BTC), 50 Bitcoin Cash (BCH) and 12.66 Bitcoin Diamonds (BCD). Company A refused, saying that cryptocurrency transfers are illegal under the law, which means the contract is invalid. The court ruled against Company A on the grounds that although China prohibits the use of cryptocurrency, it is still protected by law as private property.

Traditional financial institutions are more active in cryptocurrencies

At the same time, cryptocurrency and financial capital institutions are gradually getting closer.

Recently, according to the person in charge of Fidelity Digital Assets, one of the world's largest cryptocurrency companies, a survey of 450 hedge funds, financial advisors, venture capital groups, etc. showed that 20% of financial investment institutions are interested in cryptocurrency investment.

The Cyberspace Administration of China has supported the filing of blockchain projects

Domestic regulators are very concerned about blockchain. Dr. Mao Hongliang of the Cyber Security Center of the State Cyberspace Administration of China delivered a speech on "Policy Interpretation and Registration Guidance for Blockchain Information Service Registration." The current registration system only accepts blockchain project registration, and already supports Ethereum, Bitcoin, and EOS main chains

I believe that as the world’s understanding of cryptocurrency continues to deepen, more and more people will accept cryptocurrency, and cryptocurrency will enter more people’s horizons. This is an unprecedented good thing for the entire cryptocurrency industry. Once everyone pays attention to cryptocurrency and blockchain, I believe that the first batch of projects selected into the ICE Group's "Cryptocurrency Database" will be the first thing everyone pays attention to. ICE, the parent company of the New York Stock Exchange, is the first top exchange group on Wall Street to announce that it will display numerous cryptocurrency data on its official website. This step is of great significance in the history of cryptocurrency.

Source: Mars Business News