To tackle the challenge of the loss of autonomy on personal data experienced in Web2, ShareRing has launched a new website with blockchain-powered digital identities that will usher in the Web3 era. The lack of the ability to manage digital identity and footprint in Web2 has been the primary stumbling block to safeguarding privacy and ownership of data. Tim Bos, the CEO of ShareRing, acknowledged: “Over the years, there’s been a trend for large companies to host more and more data about you in their data warehouse to…
Day: June 29, 2022
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‘I Don't Follow Trends’: Multicoin’s Kyle Samani on How to Make It in Crypto
The Multicoin Capital founder says to zig when everyone zags, during CoinDesk’s “Future of Work Week.” Source
BSV Global Blockchain Convention Dubai 2022 | Day 3 Sights & Sounds
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Day 3 of #GBC22 in #Dubai features discussions on regulatory compliance for digital assets, tokenization of assets and securities on the #blockchain, building on blockchain tech, and block reward mining. #Bitcoin creator Dr. Craig returns to stage discussing cloud security, overlays, and blockchain. ► Hit #Subscribe & #HitTheBell so you don’t miss out on any new videos! ———————————————————————————– ► Our Links: Facebook ► Twitter ► Instagram ► LinkedIn ► Telegram ► Web ► ——————————————————————————— CoinGeek is the authority on blockchain technology, with…
EU officials reach agreement on AML authority for supervising crypto firms
The European Council has reached an agreement to form an anti-money laundering body that will have the authority to supervise certain crypto asset service providers, or CASPs. In a Wednesday announcement, the council said it had agreed on a partial position of a proposal to launch a dedicated Anti-Money Laundering Authority, or AMLA. According to the regulatory body, the AML body will have the authority to supervise “high-risk and cross-border financial entities” including crypto firms — “if they are considered risky.” European Parliament member Ondřej Kovařík said EU officials had…
Uzbekistan Presents Registration Requirements for Cryptocurrency Miners – Regulation Bitcoin News
Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want to mint digital currencies will have to register with the government and use renewable energy. Uzbekistan Discusses Draft Regulations for Crypto Mining Sector Entities involved in cryptocurrency mining will need to register and renew their certificate every year, according to a draft decree by the director of Uzbekistan’s National Agency for Perspective Projects. NAPP is the country’s main crypto watchdog, which is directly subordinated to…
Meet ‘Frequency,’ Polkadot’s New Decentralized Social Media Parachain
The team behind Project Liberty’s Decentralized Social Network Protocol announced the newly named parachain at Polkadot Decoded. Source
DeFi Shouldn't Be Regulated, Crypto Advocates Tell UK Regulator
The FCA hosted its first two day CryptoSprint in May which gathered industry experts from the U.K. and beyond its borders to hear their thoughts on how the industry should be regulated. Some expressed that DeFi should not be regulated. Source
FCA Says the Crypto Industry Doesn’t Want Them to regulate DeFi
According to the report, some participants in the room thought that DeFi, which describes a range of blockchain-powered financial applications designed to cut out intermediaries and centralized institutions such as banks, should not be regulated due to the philosophical ambitions behind its creation. Original Source CryptoDeFidoesntFCAindustryRegulate CryptoX Portal
Market Wrap: Bear Market Guides in Vogue as Bitcoin Drops for Fourth Straight Day
Bitcoin (BTC) was sliding toward $20,000 on Wednesday, and the Bankless newsletter is offering traders mental health tips for surviving crypto winter. Original