#NFTs are becoming a popular conversation amongst UK politicians ⬇️
https://www.coindesk.com/policy/2023/10/10/uk-group-calls-for-nft-copyright-infringement-safeguards-and-code-of-conduct/
https://www.coindesk.com/policy/2023/10/10/uk-group-calls-for-nft-copyright-infringement-safeguards-and-code-of-conduct/
Coindesk
U.K. Group Calls for NFT Copyright Infringement Safeguards and Code of Conduct
The Culture, Media and Sport Committee, which includes representatives from several U.K. political parties, started an inquiry into non-fungible tokens in November.
🚨 Crypto Bank #Xapo gets massive regulation license to offer stocks in the EU ⬇️
https://www.coindesk.com/business/2023/10/11/crypto-bank-xapo-snags-european-broker-license-will-offer-stocks-like-apple/
https://www.coindesk.com/business/2023/10/11/crypto-bank-xapo-snags-european-broker-license-will-offer-stocks-like-apple/
Coindesk
Crypto Bank Xapo Snags European Broker License, Will Offer Stocks Like Apple
The Markets in Financial Instruments Directive (MiFID) license will soon allow the firm to offer S&P 500 stocks. In addition, Xapo, which has always been bitcoin-only, plans to add Ethereum’s ETH.
🚨 Famous Italian supercar manufacturer #Ferrari accepts payment for its vehicles in #cryptocurrencies ⬇️🇮🇹
https://finbold.com/ferrari-to-officially-accept-crypto-as-payment-for-its-supercars/
https://finbold.com/ferrari-to-officially-accept-crypto-as-payment-for-its-supercars/
Finbold
Ferrari to officially accept crypto as payment for its supercars
Luxury sports car manufacturer Ferrari has announced its decision to accept crypto as a form of payment for its vehicles in the United States.
#AUSTRALIA 🇦🇺: Gearing up to propose a new licensjng regime for cryptocurrency exchanges within the country.
https://www.coindesk.com/policy/2023/10/16/australia-proposes-new-licensing-regime-for-crypto-exchanges-aims-for-draft-legislation-by-2024/
https://www.coindesk.com/policy/2023/10/16/australia-proposes-new-licensing-regime-for-crypto-exchanges-aims-for-draft-legislation-by-2024/
Coindesk
Australia Proposes New Licensing Regime for Crypto Exchanges, Aims for Draft Legislation by 2024
The timeline indicates it could take till 2025 for an Australian digital asset platform to receive a licence under the freshly proposed regime.
🚨 #BINANCE; New users in UK ❌
https://www.coindesk.com/business/2023/10/16/binance-to-stop-accepting-new-uk-users-to-comply-with-ad-rules/
https://www.coindesk.com/business/2023/10/16/binance-to-stop-accepting-new-uk-users-to-comply-with-ad-rules/
Coindesk
Binance to Stop Accepting New U.K. Users to Comply With Ad Rules
The firm will stop accepting new users starting Monday after U.K. regulator FCA last week restricted Binance's local partner from approving crypto ads.
🚨#UNISWAP; 0.15% now active on crypto swaps involving #ETH, #USDC, amongst others. ⬇️
https://www.coindesk.com/business/2023/10/16/uniswap-labs-to-charge-015-fee-on-crypto-swaps-involving-eth-usdc-other-tokens/
https://www.coindesk.com/business/2023/10/16/uniswap-labs-to-charge-015-fee-on-crypto-swaps-involving-eth-usdc-other-tokens/
Coindesk
Uniswap Labs to Charge 0.15% Fee on Crypto Swaps Involving ETH, USDC, Other Tokens
The company is levying a fee on some crypto swaps originating through its interface.
🚨US dollar deposits are no longer eligible with Binance’s US platform…amid SEC’s progress in finding market regulation⬇️
https://www.coindesk.com/policy/2023/10/17/binanceus-halts-direct-dollar-withdrawals/
https://www.coindesk.com/policy/2023/10/17/binanceus-halts-direct-dollar-withdrawals/
Coindesk
Binance.US Halts Direct Dollar Withdrawals
U.S. dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.
🚨There’s a new layer 2 mainnet that has launched, SCROLL. Now, competiting for a place at being amongst the most ¨Scalable Solutions¨ for cheaper, faster transactions.
💥A layer 2 on top of the world’s largest smart-contracts blockchain, 𝐄𝐓𝐇𝐄𝐑𝐄𝐔𝐌.
https://www.coindesk.com/tech/2023/10/17/scroll-confirms-mainnet-live-as-co-founder-predicts-speed-gains-over-ethereum/
💥A layer 2 on top of the world’s largest smart-contracts blockchain, 𝐄𝐓𝐇𝐄𝐑𝐄𝐔𝐌.
https://www.coindesk.com/tech/2023/10/17/scroll-confirms-mainnet-live-as-co-founder-predicts-speed-gains-over-ethereum/
Coindesk
Scroll Confirms Mainnet Live, as Co-Founder Predicts Speed Gains Over Ethereum
Blockchain data showed that Scroll’s smart contract was deployed on Oct. 8, but the team held off making its official announcement until this week.
🚨The dark side of cryptocurrency. Fantom Foundation, with cryptocurrency FTM ranked at 63rd on Coinmarketcap’s website, has now been victim to over 500,000$ stolen from their foundation wallet. 🥷
https://www.coindesk.com/business/2023/10/17/fantom-foundation-wallets-drained-657k-stolen/
https://www.coindesk.com/business/2023/10/17/fantom-foundation-wallets-drained-657k-stolen/
Coindesk
Fantom Foundation Wallets Drained; $657K Stolen
The stolen funds have been transferred to a wallet that holds around $7 million worth of ether.
🚨 The #EU has established new crypto tax guidelines. Crypto firms now to report customers’ holdings between tax authorities. 🇪🇺
Read more ⬇️
https://www.coindesk.com/policy/2023/10/17/eu-formally-agrees-on-new-crypto-tax-data-sharing-rules/
Read more ⬇️
https://www.coindesk.com/policy/2023/10/17/eu-formally-agrees-on-new-crypto-tax-data-sharing-rules/
Coindesk
EU Formally Agrees on New Crypto Tax Data Sharing Rules
The rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
🚨 #EU is cracking down on cryptocurrency. AND privacy advocates are concerned!
Major Centralization of DIGITAL EURO incoming? 👀
What do you think? #DCNARMY
https://www.coindesk.com/policy/2023/10/18/eu-privacy-watchdog-takes-aim-at-excessive-centralization-of-digital-euro/
Major Centralization of DIGITAL EURO incoming? 👀
What do you think? #DCNARMY
https://www.coindesk.com/policy/2023/10/18/eu-privacy-watchdog-takes-aim-at-excessive-centralization-of-digital-euro/
Coindesk
EU Privacy Watchdog Takes Aim at ‘Excessive Centralization’ of Digital Euro
The central bank digital currency has met significant opposition from lawmakers worried over the potential for state snooping
🚨 SOUTH KOREA: SK Telecom partner with CryptoQuant to deliver their very own crypto wallet ⬇️👀
https://www.coindesk.com/business/2023/10/18/korean-giant-sk-telecom-to-release-crypto-wallet-with-cryptoquant-as-partner/
https://www.coindesk.com/business/2023/10/18/korean-giant-sk-telecom-to-release-crypto-wallet-with-cryptoquant-as-partner/
Coindesk
Korean Giant SK Telecom Releases Crypto Wallet With CryptoQuant as Partner
The wallet features on-chain data analysis tools that may inform users' market decisions.
🚨 #Circle, issuer of USDT has added new upgraded wallet features enabling merchants to pay for customer gas fees 👀⬇️
https://www.coindesk.com/tech/2023/10/19/circle-to-let-merchants-pay-for-customers-gas-fees-with-web3-wallet-upgrade/
https://www.coindesk.com/tech/2023/10/19/circle-to-let-merchants-pay-for-customers-gas-fees-with-web3-wallet-upgrade/
Coindesk
Circle to Let Merchants Pay for Customers' Gas Fees With Web3 Wallet Upgrade
Southeast Asian super-app Grab is currently piloting the new product to cover gas fees for its Singaporean users if they use NFT vouchers.
🚨 Exemplary. #PetroChina has completed their first international crude oul trade in #DigitalYuan 🇨🇳⬇️
https://www.coindesk.com/business/2023/10/23/petrochina-completes-first-international-crude-oil-trade-in-digital-yuan-report/
https://www.coindesk.com/business/2023/10/23/petrochina-completes-first-international-crude-oil-trade-in-digital-yuan-report/
Coindesk
PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange
Bright news for ETFs ✅⬇️
https://www.coindesk.com/policy/2023/10/23/grayscale-court-victory-over-sec-in-spot-bitcoin-etf-case-made-final/
https://www.coindesk.com/policy/2023/10/23/grayscale-court-victory-over-sec-in-spot-bitcoin-etf-case-made-final/
Coindesk
Grayscale Court Victory Over SEC in Spot Bitcoin ETF Case Made Final
Grayscale's application to convert its GBTC to a spot ETF will now be re-considered by the SEC.
THAILAND: It’s biggest institutions are actively pursuing exposure to the cryptocurrency asset class. ⬇️
https://www.coindesk.com/business/2023/10/30/thailands-kasikorn-bank-buys-majority-stake-in-satang-crypto-exchange-for-103m/
https://www.coindesk.com/business/2023/10/30/thailands-kasikorn-bank-buys-majority-stake-in-satang-crypto-exchange-for-103m/
Coindesk
Thailand’s Kasikorn Bank Buys Majority Stake in Satang Crypto Exchange for $103M
The move continues a trend of Thailand's major traditional financial institutions moving into crypto.
#Zodia Markets, backed by Standard Chartered has received the VASP(Virtual Asset Service Provider) license in the Republic of Ireland:
https://www.coindesk.com/policy/2023/10/27/standard-chartered-backed-zodia-markets-gains-registration-in-ireland/
https://www.coindesk.com/policy/2023/10/27/standard-chartered-backed-zodia-markets-gains-registration-in-ireland/
Coindesk
Standard Chartered-Backed Zodia Markets Gains Registration in Ireland
Ireland is emerging as an attractive destination for crypto firms; Coinbase designated the country as its EU hub earlier this month.