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⚖️ Regulation Roundup
- Estonia Approves Bill to Regulate Crypto Service Providers This is a positive step for the industry, providing much-needed clarity for businesses operating in Estonia 🇪🇪 Read more
- US Targets Crypto Exchange KuCoin This enforcement action by the US 🇺🇸 Department of Justice highlights the ongoing scrutiny of crypto exchanges regarding Anti-Money Laundering (AML) compliance. It's a reminder that as the industry matures, regulatory expectations will continue to evolve. Read more
- Indonesia Considers Regulatory Sandbox for Crypto Firms This measured approach by Indonesia 🇮🇩, exploring a regulatory sandbox for crypto firms, is an interesting development. It could pave the way for controlled innovation while managing potential risks Read more
- EU Updates AML Rules for Anonymous Crypto Transactions 🇪🇺 The EU's update to AML rules for anonymous crypto transactions reflects a global trend towards balancing financial inclusion with mitigating illicit activities. Read more
- Tron Blockchain Tied to Illicit Crypto Activity This report highlights the importance of addressing illicit activities within the crypto space. Blockchain technology can be misused, but ongoing efforts to improve transparency and compliance can help mitigate these risks. Read more
🏦 CBDCs projects
- IMF Proposes Digital Money for Pacific Islands The IMF's proposal for digital money in the Pacific Islands is an example of how blockchain technology can promote financial inclusion. Read more
- SWIFT to Launch CBDC Platform & UAE Develops CBDC Strategy News of SWIFT's CBDC platform launch in 2025 and the UAE's CBDC strategy highlights the growing interest in central bank digital currencies around the world. Read more on SWIFT and on the UAE CBDC
📈 Adoption on the Rise
- HSBC Launches Tokenized Gold for Retail Investors in Hong Kong 🇭🇰 HSBC's launch of tokenized gold for retail investors opens up new avenues for traditional finance to embrace blockchain technology. Read More
- UK Government Backs Tokenization Collaboration The UK 🇬🇧 government's support for tokenization collaboration demonstrates a growing recognition of the potential of this technology. Read More
- U.S. Sanctions Target Russian 🇷🇺 Crypto Entities This action highlights the potential use of crypto for sanctions evasion, but it's important to note that blockchain's transparency can also be a tool for regulators. Read More
- Philippines 🇵🇭 Blocks Binance Amid Regulatory Concerns This is a reminder of the ongoing challenges around global crypto regulations. Read More
Innovation in Focus
- Ethereum Network Reaches 1 Million Validators This is a significant milestone for the Ethereum network, demonstrating its growing decentralization and security. Read More
- Near Foundation Unveils Chain Signatures ()Near Foundation's Chain Signatures technology has the potential to improve scalability and efficiency in blockchain applications. Read more
- Open Launches On-chain Ticketing Ecosystem This development by OpenSea paves the way for innovative ticketing solutions powered by blockchain. Read more
- Circle Launches USDC on Solana Circle's launch of USDC on Solana demonstrates the interoperability potential of stablecoins across different blockchains. Read more
