Subscribe to SXDCA
SXDCAIOST node partner Sigma launches cross-chain bridge Sigma-Bridge
IOST node partner Sigma officially launched the cross-chain bridge Sigma-Bridge today. It is reported that Sigma-Bridge is an asset cross-chain tool developed by Sigma for fast asset transactions and contract calls between major compatible networks. It was originally created to realize two-way conversion between IOST and ETH assets, and now it can realize asset transfer between other ecosystems (such as IOST and BSC). In the future, Sigma will gradually expand Sigma-Bridge to other high-perfo...
SXDCABitwise Bitcoin custody address received 1036 Bitcoins from market maker Flow Traders 50 minutes ago
On-chain analyst Embers tweeted that the Bitwise BTC (BITB) custody address received 1,036 Bitcoin (BTC) from market maker Flow Traders 50 minutes ago, worth approximately $40.05 million. Accordingly, BITB’s net inflows on January 22 reached $41.56 million.
SXDCARBI Governor: Cryptocurrencies threaten rupee stability, urges investors to remain cautious
According to News.bitcoin, Bank of India Governor Shaktikanta Das issued multiple warnings about cryptocurrencies at the World Economic Forum in Davos this week, saying: “Cryptocurrencies carry huge risks, especially for emerging market economies. Because it affects financial stability, monetary stability and the monetary system." “Cryptocurrency has no underlying layer, it’s not a currency, but it has the potential to become one, in which case it can take over part of the payment system, it ...
<100 subscribers
SXDCAIOST node partner Sigma launches cross-chain bridge Sigma-Bridge
IOST node partner Sigma officially launched the cross-chain bridge Sigma-Bridge today. It is reported that Sigma-Bridge is an asset cross-chain tool developed by Sigma for fast asset transactions and contract calls between major compatible networks. It was originally created to realize two-way conversion between IOST and ETH assets, and now it can realize asset transfer between other ecosystems (such as IOST and BSC). In the future, Sigma will gradually expand Sigma-Bridge to other high-perfo...
SXDCABitwise Bitcoin custody address received 1036 Bitcoins from market maker Flow Traders 50 minutes ago
On-chain analyst Embers tweeted that the Bitwise BTC (BITB) custody address received 1,036 Bitcoin (BTC) from market maker Flow Traders 50 minutes ago, worth approximately $40.05 million. Accordingly, BITB’s net inflows on January 22 reached $41.56 million.
SXDCARBI Governor: Cryptocurrencies threaten rupee stability, urges investors to remain cautious
According to News.bitcoin, Bank of India Governor Shaktikanta Das issued multiple warnings about cryptocurrencies at the World Economic Forum in Davos this week, saying: “Cryptocurrencies carry huge risks, especially for emerging market economies. Because it affects financial stability, monetary stability and the monetary system." “Cryptocurrency has no underlying layer, it’s not a currency, but it has the potential to become one, in which case it can take over part of the payment system, it ...
Share Dialog
Share Dialog
U.S. Senate Sen. Jack Reed (D-R.I.) has introduced a new bill called the Crypto Assets National Security Enhancement Act of 2023, which would impose strict anti-money laundering (AML) requirements on decentralized finance (DeFi) protocols. And require DeFi protocols to implement bank-like controls over their user base. The bill seeks to "combat the rise in cryptocurrency crime and cut off avenues to evade money laundering and sanctions critical to national security." Mike Rounds (R-S.D.), Mitt Romney (R-UT) and Mark Warner (D-VA) are co-sponsors.
“If no one controls a DeFi protocol, then, as a backstop, anyone who invests more than $25 million in developing it will have these obligations,” the briefing document said. These controlling entities would need to vet and collect information about their customers, maintain anti-money laundering programs, report suspicious activity to governments, and prevent sanctioned individuals from using their protocols. It would also expand Treasury’s powers to police suspected money launderers in non-traditional financial environments, including cryptocurrencies.
U.S. Senate Sen. Jack Reed (D-R.I.) has introduced a new bill called the Crypto Assets National Security Enhancement Act of 2023, which would impose strict anti-money laundering (AML) requirements on decentralized finance (DeFi) protocols. And require DeFi protocols to implement bank-like controls over their user base. The bill seeks to "combat the rise in cryptocurrency crime and cut off avenues to evade money laundering and sanctions critical to national security." Mike Rounds (R-S.D.), Mitt Romney (R-UT) and Mark Warner (D-VA) are co-sponsors.
“If no one controls a DeFi protocol, then, as a backstop, anyone who invests more than $25 million in developing it will have these obligations,” the briefing document said. These controlling entities would need to vet and collect information about their customers, maintain anti-money laundering programs, report suspicious activity to governments, and prevent sanctioned individuals from using their protocols. It would also expand Treasury’s powers to police suspected money launderers in non-traditional financial environments, including cryptocurrencies.
No comments yet