05th Feb: Blockchain DXB) Podcast 🎙️📊Report on Digital Asset Regulation 🔴SEC 'retroactive relief' for past ICO ❗WazirX) Offers New Scheme to Creditors 🚨Coinbase) Secures License in UK🔴White House, Senate, and House Leaders Hosted a Press Conference on Digital Assets. You can watch it here via YouTube https://rb.gy/7cazw2)A bipartisan working group is developing a regulatory framework for digital assets to promote innovation while ensuring consumer protection. Key priorities include:- Regulatory Clarity- Stablecoin Legislation- Bipartisan Collaboration- Consumer Protection- Future Plans❗No Clarity or update on the Bitcoin Reserve❗The U.S. aims to lead in digital asset regulation with clear, fair, and effective policies. David O. Sacks)🟠 According to SEC Commissioner Hester Peirce, the White House's new Crypto Task Force aims to improve regulatory clarity for digital assets, addressing past criticism of the SEC under ex-Chair Gary Gensle Official info here https://rb.gy/2ap9nm) The document focuses on- Security Status- Scoping Out- Coin and Token Offerings-Registered Offerings- Special Purpose Broker-Dealer- Custody Solutions for Investment Advisers- Crypto-Lending and Staking- Crypto Exchange-Traded Products- Clearing Agencies and Transfer Agents- Cross-Border Sandbox❗ One can also Engage with the Crypto Task Force via written submissions & The Task Force will consider requests for in-person or virtual meetings🔥 WazirX) Creditors Face Key Vote Officla info via Twitter)/X here https://rb.gy/8jalbq) Two paths, two very different outcomes.WazirX exchange lost $230M in a 2024 hack. A Singapore court-approved restructuring to prevent total liquidation.WazirX creditors must vote on a recovery plan:🟢 Approve → Payouts start April 2025, trading resumes, and recovery tokens are issued.🔴 Reject → Liquidation, delayed refunds until 2030, lower recovery.🟠 Coinbase) Obtains VASP Registration in the United Kingdom Officially the Financial Conduct Authority) (FCA) info here https://rb.gy/vyox9u)This registration will allow Coinbase to offer a better suite of retail, institutional, and ecosystem products and services to users across the UK as the largest registered VASP.🟠 Two UAE news⚡ Nestlé) Collaborates with Dubai AI Campus) to Transform the Future of Product Innovation through AI in the Region⚡ Saudi AI startup vminds.ai) secures six-figure pre-SeedFor slides click here: https://shorturl.at/lxqHK )
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