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BCH Weekly News #47 (Sep 27th, 2021)

**Robinhood**, a stock and cryptocurrency trading platform, **announced** the launch of its cryptocurrency wallet. Starting next month, the first customers will begin testing crypto wallets and Robinhood will continue to roll out access to more and more customers through the waitlist. Robinhood says the built-in wallet will support authentication, email verification and other security features. The company did not specify which tokens the digital wallet would support, but the app currently provides commission-free trading for BTC, ETH, LTC, BCH, BSV, DOGE, and ETC. https://robinhood.com/ https://blog.robinhood.com/news/2021/9/22/crypto-wallets-are-coming-to-robinhood The next Bitcoin Cash Network Discussion will be **live streamed** on Friday October 1. The topic will be "smartBCH: The Present and the Future." Featuring **Dr. Kui Wang**, Lead Developer of **smartBCH**. https://www.youtube.com/channel/UCmyoHmbSsChInLzZ9S5aAAw https://twitter.com/wangkui0508 https://smartbch.org/ Satoshi's Angels community manager **Jajaa** will host an offline **BCH meetup** in Bangkok, Thailand on September 30th, 17:00~20:00 local time. The meetup will focus on SmartBCH and stablecoin FlexUSD. https://twitter.com/jajaaSB https://twitter.com/jajaaSB/status/1441311265138249731

**ETC Group**, a London-based specialist provider of innovative, digital asset-backed debt securities, announced that it is launching a Bitcoin Cash Exchange Traded Product (ETP) on Deutsche Börse XETRA, available for trading from September 21st 2021. https://etc-group.com/ Users can participate in UI/UX usability research on the Electron Cash mobile wallets for Android and iOS. The goal of the **research** is to improve the polish of the EC mobile wallets so they can be more widely adopted. The first 10 unique individuals to do this will receive $50 in BCH. https://www.reddit.com/r/btc/comments/pu1pel/earn_50_in_bch_by_helping_us_with_electron_cash/ **BenSwap**, the decentralized exchange on smartBCH, has launched liquidity farming for BCH-flexUSD. Backed by **CoinFLEX** exchange, flexUSD is an interest bearing stablecoin that will lend in CoinFLEX’s repo markets and pay interest on the blockchain every 8 hours. https://benswap.cash/farms https://coinflex.com/ The People's Bank of China issued a Q&A statement on preventing cryptocurrency risk. It said all forms of cryptocurrency transactions were illegal and should be banned. Offshore providers of crypto services to Chinese citizens are also in violation of the law. Other contents in the statement are mostly the same as the one issued in 2017, but added the derivatives part.

According to Futu Niuniu App, in accordance with the regulatory requirements of the SFC, the following codes: GBTC, EHTE, ETCG, GDLC, OBTC, LTCN, BCHG will be prohibited from opening new positions from October 1, 2021, existing open positions will not be affected. BCHG, is a Bitcoin Cash Trust (BCHG) issued by Grayscale Investments, a digital asset management company.

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