METACrypto Lending Protocol Maple Finance to Return to Solana and Open Cash Management Solution
Crypto lending protocol Maple Finance is returning to Solana and open-sourcing its cash management solution. The new product provides on-chain treasury management solutions for clients such as DAOs and web3 companies. Cash management solutions simplify the process of accessing US Treasury yields. Solana-based protocols such as stablecoin issuer UXD, perpetual protocol Drift, and DeFi lending protocol Solend have committed to using lending pools. It is reported that Maple is one of many crypto...
METAFinancial Conduct Authority of the United Kingdom: British encryption companies will be required to …
The UK Financial Conduct Authority (FCA) announced that from September 1, 2023, crypto asset businesses in the UK will be required to collect, verify and share information about the transfer of crypto assets, known as the "travel rule". The rule aligns the practice of sending and receiving transactions by crypto asset businesses with common practice in other financial services sectors. To further support crypto asset businesses, the FCA said it has been working with industry, the Joint Money ...
METAUS judge allows SEC to question Daniel Shin about Terraform and gather evidence from payments compan…
U.S. District Judge Jed Rakoff ruled that the U.S. Securities and Exchange Commission (SEC) could seek the assistance of the South Korean government to question Terraform Labs co-founder Daniel Shin and collect evidence from payments firm Chai Corp. The SEC wants to question Shin and obtain documents from Chai to help prove its allegations against Terraform and its former CEO, Do Kwon. Do Kwon, who is currently serving a four-month sentence in Montenegro for possessing a false passport, faces...
METACrypto Lending Protocol Maple Finance to Return to Solana and Open Cash Management Solution
Crypto lending protocol Maple Finance is returning to Solana and open-sourcing its cash management solution. The new product provides on-chain treasury management solutions for clients such as DAOs and web3 companies. Cash management solutions simplify the process of accessing US Treasury yields. Solana-based protocols such as stablecoin issuer UXD, perpetual protocol Drift, and DeFi lending protocol Solend have committed to using lending pools. It is reported that Maple is one of many crypto...
METAFinancial Conduct Authority of the United Kingdom: British encryption companies will be required to …
The UK Financial Conduct Authority (FCA) announced that from September 1, 2023, crypto asset businesses in the UK will be required to collect, verify and share information about the transfer of crypto assets, known as the "travel rule". The rule aligns the practice of sending and receiving transactions by crypto asset businesses with common practice in other financial services sectors. To further support crypto asset businesses, the FCA said it has been working with industry, the Joint Money ...
METAUS judge allows SEC to question Daniel Shin about Terraform and gather evidence from payments compan…
U.S. District Judge Jed Rakoff ruled that the U.S. Securities and Exchange Commission (SEC) could seek the assistance of the South Korean government to question Terraform Labs co-founder Daniel Shin and collect evidence from payments firm Chai Corp. The SEC wants to question Shin and obtain documents from Chai to help prove its allegations against Terraform and its former CEO, Do Kwon. Do Kwon, who is currently serving a four-month sentence in Montenegro for possessing a false passport, faces...
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Dymension, the modular blockchain network of the Cosmos ecosystem, announced on the X platform that its modular liquidity layer has been online, and the Dymension embedded AMM has also been online.
This launch will establish Dymension’s fundamental role as a settlement and liquidity layer, allowing users and protocols to share liquidity on the basis of shared security, while laying the foundation for the next phase of licensing RollApps.
RollApps will launch its assets on Dymension’s liquidity layer, creating the modular ecosystem Launchpad. Each currency pair in the liquidity layer requires DYM as the underlying asset. Additional underlying assets may be whitelisted upon governance approval.
Dymension, the modular blockchain network of the Cosmos ecosystem, announced on the X platform that its modular liquidity layer has been online, and the Dymension embedded AMM has also been online.
This launch will establish Dymension’s fundamental role as a settlement and liquidity layer, allowing users and protocols to share liquidity on the basis of shared security, while laying the foundation for the next phase of licensing RollApps.
RollApps will launch its assets on Dymension’s liquidity layer, creating the modular ecosystem Launchpad. Each currency pair in the liquidity layer requires DYM as the underlying asset. Additional underlying assets may be whitelisted upon governance approval.
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