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cover of episode Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 29th March 🚨 🔵 Senate plans to ban crypto wallet! 🚨 European Banking Federation paper on European digital money ⚡ Crypto Fear & Greed Index: GREED

Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 29th March 🚨 🔵 Senate plans to ban crypto wallet! 🚨 European Banking Federation paper on European digital money ⚡ Crypto Fear & Greed Index: GREED

2023/3/29
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Blockchain DXB

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29th March: Crypto & Coffee at 8 🎙️ 🔵 Senate plans to ban crypto wallet! 🚨 European Banking Federation) paper on European digital money ⚡ Crypto Fear & Greed Index: GREED 🟦 Left-leaning administration Elizabeth Warren is pushing the Senate to ban your crypto wallet Cointelegraph) has reported that Elizabeth Warren is back with an Anti-Money Laundering act that would among other things make it mostly illegal for you to use your own crypto wallet. The bill is particularly harsh on decentralized finance (DeFi), including noncustodial ones, requiring platforms to record the personal information of users and submit it to the government without a warrant or probable cause.  Check out Blockchain DXB)s Crypto & Coffee at 8 podcasts where we explore this area in detail.🔥 The European Banking Federation) is the voice of 33 national banking associations from all across Europe, representing over 3,500 banks & they have published a vision paper on a Digital Euro Ecosystem. The paper focuses on the retail digital euro & can be found here https://lnkd.in/dx69TjWZ) Some of the highlights of the paper include

  • creates value for end-customers and the economy for existing and new innovative use cases, without crowding out payment services provided by the private sector,
  • preserves financial stability and bank funding, thus maintaining European banks’ lending capacity to the economy,
  • foresees a robust business model so so incentivize intermediaries to provide services and innovate based on the digital euro,
  • balances design choices to safeguard the privacy and enable the fulfilment of compliance requirements (KYC, AML, CFT) while allowing intermediaries to process customers’ payment data based on customers’ consent to provide value-added services, and
  • leaves ample room for the private sector to add on solutions and services to better serve customers.👀 Binance) CEO Changpeng Zhao) has addressed the allegations against him by The U.S. Commodity Futures Trading Commission) (CFTC). Official blog here https://lnkd.in/dhSF9nPv) & it states the complaint appears to contain an incomplete recitation of facts, and Binance does not agree with the characterization of many of the issues alleged in the complaint. A few areas in the blogs are related to the following points ⚡ Technology for Compliance & US Blocks ⚡ Cooperation and Transparency with Law Enforcement ⚡ Registrations and Licenses ⚡ Trading 🔥 The Crypto Fear & Greed Index is Greed, detailed information here https://alternative.me/) could this sentiment change over the weekend?
  • Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
  • When Investors are getting too greedy, that means the market is due for a correction.🟠 Two UAE news: (See slides) ⚡ BNB Chain and Fellaz) Team used NFT Ticketing to Ultra Music Festival in Abu Dhabi ⚡ Dubai-headquartered Eureeca) to focus on building the first democratised digital investment bankFor slides click here: https://tinyurl.com/54shzr6j)LinkedIn Profile: https://tinyurl.com/569zh78j)

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