headlines
headlines
FATF Changes Terminology Requires Crypto Entities to Meet Same AML Requirements as Traditional Finance
Innovative areas of the cryptocurrency industry, such as decentralized finance (DeFi), are under scrutiny from regulators around the world, according to draft guidance released by the Financial Action Task Force (FATF) on Friday. In addition to clarifying its wording on decentralized exchanges (DEXs), FATF also alluded to the growing popularity of NFTs. With regard to DeFi platforms, the FATF stated that its standards may not apply to the underlying software or technology, but entities related to "DApps", such as owners or operators, can now be considered virtual asset service providers (VASPs), and crypto entities must Meet the same "anti-money laundering" requirements as traditional finance.
On March 15, Ether Capital Corporation (NEO:ETHC), a listed company in Canada, bought 11,264 ETHs and spent a total of US$19,616,110 (approximately CAD 24,500,000). Based on this calculation, the company bought ETH at a unit price of US$1,741. Holds 43,512 ETH.
digital currency
digital currency
Ethereum core developer meeting progress: London upgrade will still implement EIP-1559, auxiliary EIP is still under decision
Ethereum core developers held a meeting on March 19 to discuss the EIP related to the London upgrade. Edson Ayllon, project manager of Ethereum Cat Shepherd and contributor to the Ethereum ecosystem, updated the discussion results of the meeting and said that the London upgrade in July will still implement EIP-1559, and the auxiliary EIP is still being decided.
secondary title
Blockchain industry
Blockchain industry
Naver and Visa may be interested in acquiring Bithumb
Naver and Visa may be interested in acquiring South Korea’s mainstream cryptocurrency exchange Bithumb, which could be worth more than 2 trillion won (over $1.7 billion). According to people familiar with the matter, about 10 Korean and overseas companies are interested in acquiring Bithumb shares, and 6-7 are in serious negotiations.
Investment management firm Fortress Investment Group has provided an early payment to creditors of defunct cryptocurrency exchange Mt. Gox. The company is willing to pay up to 80% of what creditors owe.
Investment and Financing
Investment and Financing
Rage.Fan, a fantasy sports and game platform on the chain, recently announced that it has established a long-term strategic partnership with Playcent, an interactive content creation platform for DApps, games and NFTs. It will explore the launch of tokenized games and support the use of RAGE and action cards (NFT ).
NGC Ventures Strategically Invests in Decentralized Exchange JulSwap
NGC Ventures Strategically Invests in Decentralized Exchange JulSwap
News JulSwap, a BSC-based decentralized exchange, announced that NGC Ventures has become its strategic investor.
Zillacracy announced that it has strategically invested in the NFT platform Xcademy
Zillacracy announced that it has strategically invested in the NFT platform Xcademy
According to official news, Zillacracy announced that it has strategically invested in content creator tokenization and NFT platform Xcademy.
According to official news, Zillacracy announced that it has strategically invested in content creator tokenization and NFT platform Xcademy.
Character·Voice
global policy
Bank of Thailand issues guidelines on stablecoins, says it is developing a retail central bank digital currency
The Bank of Thailand (BOT) published guidance on stablecoins on Friday and called for opinions on regulatory consultation. The BOT divides stablecoins into two categories, including those backed by the country's fiat currency, the Thai baht, and others.
Central Bank of Nigeria: Not Prohibiting Cryptocurrency Trading, Just Protecting Banking From It
The Central Bank of Nigeria (CBN) said at the 30th Financial Journalists and Business Editors Symposium that the bank has not banned cryptocurrency trading activities in Nigeria. What the bank is doing is protecting the banking industry from cryptocurrency activity, not banning it.
Character·Voice
Xiao Gang, former chairman of the China Securities Regulatory Commission: Digital currency will not have a subversive impact on currency issuance
Xiao Gang, former chairman of the China Securities Regulatory Commission: Digital currency will not have a subversive impact on currency issuance
Recently, Xiao Gang, the former chairman of the China Securities Regulatory Commission, was a guest on the "National Wealth Lecture" program. When talking about the impact of digital currency on the financial ecology, he said that digital currency will not have a subversive impact on currency issuance. Xiao Gang mentioned that the digital currency has already started to be piloted. According to the announcement of the People's Bank of China, digital currency is a kind of electronic cash issued by the central bank, mainly to replace cash (M0).
Huang Yiping of Peking University: International competition for digital currencies may have begun to emerge
Huang Yiping, deputy dean of the National School of Development of Peking University and director of the Digital Finance Research Center of Peking University, said at the 2021 annual meeting of the China Development Forum that international competition for digital currencies may have begun to emerge, and the issuance and development of digital currencies may change in the future. our international monetary system.
MicroStrategy CEO: Committed to Repairing Global Balance Sheets with Bitcoin
