Friday, April 26, 2024
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DeFi Should Be Regulated Like Traditional Finance Players, Global Securities Body Says

“There is a common misconception that DeFi is truly decentralized and governed by autonomous code or smart contracts,” Tuang Lee Lim, Chair of IOSCO’s Board-Level Fintech Task Force, said in a statement. “In reality, regardless of the operating model of the DeFi arrangement, 'responsible persons' can be identified.” Original Source

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Singapore MAS proposes digital money standards with major industry players

The Monetary Authority of Singapore (MAS) released a proposal for a common protocol that would specify the conditions for the use of various types of digital currencies. On June 21 MAS published a whitepaper that covers technical specifications outlining the lifecycle of its new Purpose Bound Money (PBM) concept, along

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Big Players of Crypto Donate $1M to Crypto Investigator ZachXBT after Defamation Lawsuit

Prominent crypto personalities and businesses have extended help to ZachXBT as he faces the defamation lawsuit from musician and tech entrepreneur Jeffrey Huang. Several prominent businesses and members from the crypto community have donated more than $1 million in stablecoins and tokens to crypto investigator ZachXBT, as he prepares to

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DigiToads P2E game is what Axie Infinity players have been waiting

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The cryptocurrency exchange, Coinbase, has been accused by the Securities and Exchange Commission (SEC) of violating federal securities laws.  This news has caused uncertainty within the community, especially since a similar lawsuit was filed against Binance the

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