26th Sep 🚫Cryptomarket = $925B , 24 hour trading Volume at $50.9B , Stablecoins accounts for $45.63B See slide no 1 & 2 below
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đź‘€ Are stablecoins a safe haven for cryptocurrenciesâť“
Who wins the war on stablecoins?
🚦European Union’s MICA ie Markets in Crypto-Assets is getting in the way of Circle’s Euro Coin as it aims to instil regulatory clarity around crypto assets. Cointelegraph has an informative article https://bit.ly/3DULjJc
✋🏻 Defense Advanced Research Projects Agency (DARPA) the research and development agency of the U.S. Department of State in partnership with Inca Digital is currently researching the Risks of Crypto to National Security More info via The Washington Post https://wapo.st/3LLWg1M
🚨The project is part of the U.S. government’s wider crackdown on illicit uses of digital assets. Inca Digital will develop tools that give the Pentagon a granular view of crypto markets’ inner workings, in part to help authorities crack down on illicit uses of digital assets. CEO Adam Zarazinski has some interesting things in the article, particularly about scams
🚨Earlier in June DARPA had also partnered with Trail of Bits which released a very critical report that examined unintended centralities in distributed ledgers. report here https://bit.ly/3UC28P4 the blog provides a critical & informative summary https://bit.ly/3dJfUPk
Assembly Bill 2269 — Vetoed by Office of California Governor Gavin Newsom a good move? Bill here https://bit.ly/3CbfcU8 He recommended a “more flexible approach” & that he is waiting for federal regulations to “come into sharper focus for digital financial assets” before working with the legislature to establish crypto licensing initiatives.
A good move for the cryptocurrency industry for sure as it would have created a licensing regime for anyone hoping to facilitate crypto transactions, likening it to how money transmissions are currently overseen by the Money Transmission Act. Left-wing leaning democrat Tim Grayson who sponsored the bill shared his statement via Twitter here https://bit.ly/3xNUZBd
💥Liverpool Football Club expands its partnership with Sorare, they will release new unique experiences for the football fans. Multimedia fan content and release new unique experiences for Reds fans and Sorare’s managers. Info here https://bit.ly/3Rbmcoj
đź’Ą AC Milan partners with MonkeyLeague to launch new NFT Game Official info https://bit.ly/3BJufDo The first and more exclusive batch will be auctioned on 6 Oct on Magiceden
💥Two UAE news: (See slides) ⚡ Metaverse Community Gather to Discuss and Showcase the Potential of this New Immersive World- Dubai Metaverse Assembly 28th — 29th Sep, Museum of the Future DUBAI FUTURE FOUNDATION ⚡ Metaverse Everything podcast by Blockchain DXB
For slides click here: https://bit.ly/3Cdu7gT
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