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Shanghai Court Issues Verdict in First Digital Yuan Money Laundering Case ⚡️ ➡️ A Shanghai court has issued a verdict for the first instance of money laundering using Chinese digital yuan and cryptocurrency, marking a significant legal precedent of crypto-related crimes in China. 🔔 According to Shanghai Securities News, the Yangpu District People’s Court of Shanghai has concluded this landmark case, which involves laundering criminal activity-related money with crypto and digital yuan. ➡️ The racers would proceed with the accounts and withdraw cash from ATMs. Eventually, they deposited the cash withdrawn from the digital yuan wallets in their own accounts and transfer the money to clients’ designated accounts, completing the money laundering. 👌 To promote Chinese digital yuan, four types of e-CNY wallets were introduced, including Type 4, the anonymous wallets used by Xiao’s point racing team. To open a Type 4 account, users do not need to be present in a bank or provide identification documents, but only verify a mobile number. 🔕 Though Type 4 wallets retain the anonymity, it has relatively low deposit and transfer limits. The team purchased numerous phone numbers, more than 30 smartphones, and withdrew over 10 million yuan ($1.6 million) from over 900 digital yuan accounts.

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AI and Blockchain Experts Form ‘Anime Chain’ Preparatory Committee ⚡️ ➡️ AI and blockchain experts in Japan have established the “Anime Chain” Preparatory Committee. It aims to provide a generative AI, including the foundation model exclusively with opt-in training data. Importantly, data legitimacy is ensured through blockchain technology, the announcement said.Per the blog post, this is in response to current copyright and ethical issues associated with generative AI. ‼️ The roadmap consists of three steps. Step 2 will see the use of a token “or similar methods for OSS developers and content creators to circulate, return, and visualize value, and provide financial support for development and production.” 👌 Step 3 will see the creation of a standalone blockchain, and the autonomous decentralization of the management organization. 🔴 The committee plans to expand the content ecosystem from the traditional focus on Europe, America, and Asia, to a more global ecosystem. This includes regions such as the Middle East and Africa. 💬 “With the realization of this initiative, we aim to set up a production environment where creators and companies can use generative AI safely and securely, free from copyright and ethical concerns,” the team said. 📣 Also, they want to help resolve the labor shortage in anime production, which is an issue for the entire industry. This initiative aims to expand the content ecosystem and set up an environment where creators can continually engage in production and maximize their earnings, it said. 💬 “We plan to return the earnings from the content produced by generative AI not only to the creators but also to the rights holders of the training data based on the history of generation recorded on the blockchain.”

Join Waterfall Protocol for the Testnet launch and prepare to earn rewards on the Mainnet! Waterfall is the most decentralized BlockDAG protocol currently available 🚀 🔑 Key Features: 📌 This decentralized platform has the potential to attract much more validators than other protocols. 📌 Minimal hardware requirements: Dual-Core CPU, 4GB RAM ( your cellphone has 2-4 times more than that). 📌 High performance and scalability, thanks to parallelism in BlockDAG. 📌 Compatible with EVM and Ethereum API. They have been rigorously testing technology since 2021. More than 170 Workers(block producers) on the TestNet are owned by the community members (developers and future users). On the first day after the new TestNet announcement, 115 Workers connected and more than 450 000 transactions were processed. On January the 2nd more than 650 000 transactions was successfully processed. Find out more details in their communities: https://t.me/waterfall_network https://twitter.com/waterfall_dag https://discord.gg/Nwb8aR2XvR

EBA Discusses Proposed Guidelines for Stablecoin Issuers 📌 🟢 European banking regulators have urged stablecoin issuers and other stakeholders to dialogue with regulators ahead of proposed stablecoin rules under the Markets in Crypto Assets (MICA) regulation. 🟥 The European Banking Authority (EBA) at a Jan 11 public hearing organized to examine the proposed regulations on stablecoins rolling out under the MICA framework. ➡️ In line with global standards, the financial regulators called for improved synergy between stakeholders in the sector and regulators to produce the perfect template to guide operational practices in the market. 👌 The EBA outlined proposed rules for stablecoins to all participants which it describes as asset reference tokens (ARTs) because they reference one or more assets to the underlying assets to maintain stability. 📣 Officials for the regulators stressed the importance of getting public feedback in shaping the entire landscape and are set to expand public consultations in the coming weeks until the final implementation. 🔕 Isabel Vaillant, an EBA director, highlighted at the hearing that the dialogue and resolutions reached in this batch will help both parties start on the right footing stating other benefits of the public hearing.

South Korean Ex-Police Officer Denies Crypto ‘Bribery’ Charges ♾ ⚡️ The trial of a former South Korean police officer has begun in Gwangju. The ex-law enforcer denies taking bribes during a suspected crypto fraud investigation. Per the news broadcaster YTN, the former police sergeant is accused of receiving bribes from a crypto “broker.” ➡️ Prosecutors think the ex-police officer (surname: Jang) took over $30,000 in cash “on two occasions” in 2021. The prosecution service said that Jang was part of a team investigating suspected crypto fraud in the capital Seoul. 📌 Prosecutors say that a broker surnamed Seong gave Jang the money in a bid to divert the course of the investigation. The court heard that Jang said he would “exert an influence” in a case that was “being investigated by the Seoul Metropolitan Police Agency’s Financial Crimes Investigation Unit.” 🟥 Jang confessed to taking money from Seong. But Jang claimed the payments were loans, not bribes. Jang told the court that a company where he “served as an executive” had been “experiencing [financial] difficulties.” ➡️ The prosecution service said it wanted to summon and interrogate Seong as a witness.

Radiant Capital Resumes Arbitrum Markets Operations After Security Breach 👌 🔴 Radiant Capital has announced the reopening of its lending and borrowing markets on Arbitrum after an extensive security review. ➡️ According to Radiant Capital’s recent post, this resumption came after a detailed review and resolution of the security breach that resulted in a significant loss of $4.5 million Ethereum. The review was completed by OpenZeppelin, independent Ethereum researchers, and white hats. 📌 Following this rigorous analysis, the Radiant DAO Council unpaused market operations. Additional safeguards have been implemented to prevent similar incidents in the future, with a focus on enhanced security protocols. 💬 “Users are free to use all available lending and borrowing markets,” said Radiant Capital in the announcement. “Native USDC will be brought live over the coming days after additional reviews due to the increased complexity of doing so safely.” 📣 To address any potential financial discrepancies arising from the pause, the company disclosed plans for a Snapshot proposal. “A Snapshot proposal for the DAO regarding the methodology to repay the excess debt and fully recapitalize the Arbitrum WETH market will go up for a vote shortly,” said Radiant Capital.

Wallet Drainers Make Off with $295 Million from 320,000 Users in 2023 📌 🔔 Popular crypto phishing scams drained almost $300 million from 320,000 users in 2023 with figures increasing monthly as bad actors deploy sophisticated techniques. 🟢 In a recent publication, cryptocurrency security firm, Scam Sniffers analyzed the market trends in the previous year stressing the activities of bad actors amid growing asset prices and extensive regulatory activities. 🔕 According to the report wallet drainers deployed on phishing websites achieved some “level of success” tricking users into signing big false transactions leading to loss of assets and more regulatory scrutiny in the markets. 👌 “Over the past year, phishing activities have steadily increased each month with phishing scammers employing more sophisticated tactics to evade security measures. Scam Sniffer has made findings on “Wallet Drainers” that warrant the industry’s full attention.” ➡️ In total, wallet drainer scams recorded took out $295 million from 324,000 victims last year with airdrops and hacking incidents seen in several months. Notably, March saw larger activities linked to the price fluctuations of USD Circle.

Indonesian Authorities Raid Ten Crypto Mining Facilities for Energy Theft ⚠️ ⏺ Indonesian authorities crack down on ten Bitcoin (BTC) mining sites for stealing energy from the national grid to power mining operations in the country. 🗣 According to reports from local media outlets, the government moved in on ten crypto mining sites whose operations saw them tap into the utility poles of the state-owned electricity company. 🌟 Authorities of the state-owned electricity company, PLN noted that wider coordination was key to uncover the mining operation deriving electricity from the national grip without approval. According to the report, the Bitcoin mines cost the state 1.4 billion Indonesian rupees approximately $100,000. 🔕 The raid uncovered 1,300 BTC mining machines used for illegal operations with one machine billed to consume 1,800 watts. Inspector General Agung Effendi, the North Sumatra Police Chief noted that the incident has been going on for an estimated six months with 26 people arrested from the ten locations. ⚠️ The PLN further assured all stakeholders to continue their collaborations with the police to prevent further electricity theft and protect the national grid.

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Hashdex Launches New Ad Campaign Amid SEC Deliberation on Bitcoin ETF Approvals 📌 📣 Hashdex, an asset management firm, has released a new advertisement as the U.S. Securities and Exchange Commission (SEC) is in the process of reviewing applications for the listing of spot Bitcoin exchange-traded funds (ETFs) in the country. ➡️ On December 28, Hashdex posted an advertisement on X (formerly Twitter), aligning with the ongoing deliberations at the Securities and Exchange Commission (SEC) regarding the approval or denial of applications for listing spot Bitcoin exchange-traded funds (ETFs) in the United States. The ad spot from Hashdex presents an interview scenario set in the 1980s, a period characterized by the increasing adoption of personal computers. ➡️ In the interview, the subject expresses criticism towards using home computers for everyday tasks, reflecting a dismissive attitude towards the technology. 🟢 The individual in the interview remarks, 💬 “It is amazing to me that tremendous impact that home computers have had on everyone, and yet it seems to me that people I have talked to have said that it takes longer to do something by putting it into your computer and calling it up again than if you just kept a simple record for yourself in-house.”

New Argentina President Legalizes All Foreign Currencies For Payment ‼️ ⏺ Argentina’s newly elected leader, Javier Miliei, has struck down forced legal tender laws forcing Argentinians to settle debt obligations in specific currencies, enabling use of alternatives like USD and Bitcoin (BTC). 🗣 The rule comes attached to a sweeping executive order repealing over 300 laws, aiming to deregulate and rebuild the Argentinian economy. It also fuliflls one of Miliei’s chief campaign promise to enable local currency competition and help “dollarize” the nation. ❕ “It is necessary to respect the will of citizens to agree on the forms of cancellation of their obligations to give sums of money, without distinction of the legal tender or not of the currency that is determined,” read a translated version of the decree on Wednesday. 🔴 The nation’s minister of foreign affairs clarified on Thursday that contracts can now be “agreed in Bitcoin,” alongside virtually any other crypto or physical good including “kilos of steer or liters of milk.” ➡️ Though not explicitly targeted towards crypto, industry influencers view the bill as a step along the path toward Bitcoin (BTC) adoption, a currency proponents claim can help members of unstable economies escape hyperinflation.

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Paxos Receives Regulatory Approval to Expand into Solana Blockchain 📌 ➡️ Paxos has announced an expansion of its stablecoin issuance to the Solana blockchain after securing regulatory approval from the New York Department of Financial Services. ⚡️ In a press release published Friday, the stablecoin issuer noted that the initiative is a “significant milestone for the innovation and evolution of Paxos’s enterprise and consumer-facing businesses,” after previously exclusively using Ethereum due to restrictions imposed by the New York Department of Financial Services (DFS). ➡️ Additionally, the company said that it plans to offer its Pax Dollar (USDP) stablecoin on Solana to the public on January 17, 2024. USDP is a fiat-collateralized stablecoin. ❕ “The expansion of our stablecoin platform to support Solana marks an important step towards making stablecoins ubiquitous for everyday consumers,” said Walter Hessert, head of strategy at Paxos. “By integrating USDP with Solana, we’re making it easier for anyone to get and use the safest, most reliable stablecoins.” ⚠️ Hessert told Fortune that Paxos obtained a “non-objection” for extending USDP from Ethereum to Solana following a thorough and comprehensive evaluation, primarily centered around Solana’s internal risk framework.

UK Treasury Unveils Regulatory Framework for Digital Securities Sandbox ⚡️ 🟥 The UK Treasury has revealed its regulatory framework for a Digital Securities Sandbox under the Financial Services and Markets Act. 👌 In a memo published on Monday, the UK Treasury explained that the purpose of these regulations is to establish a regulated setting, enabling both companies and regulators to experiment with new technology within financial markets. This initiative seeks to overcome current regulatory challenges and stimulate innovation within the crypto industry. 📣 These regulations grant the Treasury the authority to waive, adjust, or introduce new legislative mandates. Additionally, they authorize the Bank of England and the Financial Conduct Authority to manage and oversee a sandbox if granted the necessary powers by the Treasury. ♾ There is also a provision for the findings from sandbox experiments to be permanently incorporated into legislation through collaboration between the Treasury and Parliament. ⚠️ The regulations will empower qualifying financial market entities to engage as “sandbox entrants,” allowing them to undertake approved activities utilizing emerging technologies for a trial period of five years under adjusted regulatory conditions.

$XDEFI: Massive adoption for the leading multi-chain wallet. 50x Potential?! XDEFI Wallet, the 3rd largest multi-ecosystem self-custody wallet, has positioned itself for massive growth. Token Catalysts: 🤝 XDEFI is forming partnerships with medium-sized exchanges, paving the way for tens of millions of new users on the XDEFI Wallet. 💹 More users mean more volume, resulting in increased revenue shared with $XDEFI stakers (75% revenue share). 🌐 XDEFI Wallet supports more chains than any other wallet, making it the go-to choice for utility, which generates more volume. Trust Wallet could easily hit $1 billion market cap during the bull run. So, it's not unreasonable to expect $XDEFI to reach $100 million MC (10x) or even $500 million MC (50x) with its bullish catalysts. Once the gas tank feature is released, $XDEFI will become the universal gas token. Say goodbye to gas worries! Demand will skyrocket. 👉🏼 Buy $XDEFI on Uniswap 👉🏼 Install XDEFI Wallet

Verida and inDAO Team Up to Help Uzbekistan Adopt Web3 Tech 📣 📌 inDAO, a specialized organization focused on incorporating blockchain technology into daily life, and Verida, a provider of self-sovereign digital identity solutions, have formed a partnership with the goal of promoting the widespread adoption of Web3 in Uzbekistan. ➡️ The partnership will include the implementation of pilot projects and engagement with government stakeholders. The objective is to establish both technological and business consensus, ultimately delivering a cost-effective and efficient digital infrastructure for Uzbekistan. 🔔 This collaboration also aims to tackle user privacy and digital security across sectors such as healthcare, education, and real estate. ➡️ Verida and inDAO will collaborate directly with the Uzbekistan government’s Digital Economy Research Center to showcase the potential of this Web3 technology as a crucial component of Uzbekistan’s digital strategy, the release noted. ➡️ Over the course of 2023 and 2024, the companies will jointly undertake pilot programs to illustrate how inDAO’s blockchain technology, along with Verida’s self-sovereign web3 wallet and regulatory-compliant data storage, can empower citizens by providing them with control over their digital presence.

🚀🚀 $UNILAPSE: a huge pump coming on December 18? Missed $BLUR? Then don’t miss $UNILAPSE. This Korean NFT marketplace is about to launch token staking & NFT staking on Dec 18. $UNILAPSE chart shows a breakout from accumulation and almost no resistance above. $0.040-45 should be next. Huge potential for price discovery - could shed a zero very soon. 🌋 ❗️ Unilapse is an important NFT player in Asia: - Best South Korean artists - Incorporated in Hong Kong - Offline art gallery + VR gallery - Participates in major events like Art Busan 💲 Afraid to miss the pump? The best strategy is to get in before staking starts on Dec 18! 💰 Buy $UNILAPSE on MEXC 🌎 Official Telegram

SEC Finally Serves Hex Founder Richard Heart with Lawsuit Alleging Fraud ⚡️ ✏️ The United States Securities and Exchange Commission (SEC) has finally served Helsinki-based cryptocurrency developer Richard Heart with a lawsuit filed in July, according to a new court document. According to court documents, the SEC had been attempting to serve Schueler for over two months. 🟥 The latest court filing reveals that Heart (real last name Schueler) was served using a substitute service on October 31st in Helsinki, meaning the SEC was unable to physically deliver the lawsuit to Heart in person. ⚡️ The substitute service, in accordance with Finnish law, provides an alternative means of delivery for defendants who are hard to track down. 💬 “The multiple attempts of contacting Mr. Schueler (using different methods) over a period lasting nearly seven weeks have given ample time for a response from Mr. Schueler,” SEC attorney Matthew Gulde stated. ⤵️ Heart has been laying low since this past summer when the SEC filed the lawsuit against the crypto developer, alleging that he misappropriated millions in offerings and violated federal law through the sale of unregistered currencies.

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Political Movement The Other Party Reveals Plan for Blockchain-based Democracy in the UK ✅ ➡️ The Other Party debuted in the UK today with a commitment to decentralize power and restore it to the public using blockchain technology. 👌 According to a statement published on its website, The Other Party aims to shake up conventional centralized political systems, fostering a more direct and transparent democratic process by harnessing the potential of blockchain technology. 💬 “Our mission is to remove the centralized power of politicians and return it to the hands of the people,” The Other Party founder Dom Ryder said. “By leveraging blockchain technology, we are ensuring every voice is heard, every vote counts and every decision is transparent and incorruptible.” 📣 One of The Other Party’s initiatives involves the issuance of “governance passports” to UK voters in the form of NFTs. These passports serve as a digital identity on the blockchain, ensuring that votes “immutable, traceable and protected from tampering or undue influence,” according to the party. 🛡 The concept revolves around verifying eligibility while upholding the anonymity of voters involved in decision-making. This approach empowers each passport holder to actively propose, vote on, and directly implement policies. 🟠 The Other Party also emphasized that any elected representatives from the party would be under a legal obligation to adhere to decisions made by their constituents rather than conforming to a party line.

House Committee Unanimously Passes Pro-Blockchain Bill ⚠️ 🟥 The House Committee on Energy has voted unanimously to approve a new piece of legislation entitled the “Deploying American Blockchains Act.” 📌 According to the brief, the bill would “direct the Secretary of Commerce to promote the competitiveness of the United States related to the deployment, use, application, and competitiveness of blockchain technology or other distributed ledger technology, and for other purposes.” 👌 The brief notes that the Secretary of Commerce would “serve as the principal advisor to the President” regarding policy issues related to blockchain technology. ⚠️ Moreover, the bill would require the Secretary of Commerce to spearhead a “Blockchain Deployment Program” that would “support American leadership in the deployment and use of blockchain technology and other distributed ledger technology, applications built on blockchain technology or other distributed ledger technology, tokens, and tokenization.” 📣 Led by efforts from Congresswoman Lisa Blunt Rochester (D-DE) and Congressman Larry Bucshon (R-IN), the bill has even garnered approval from some of the crypto industry’s biggest voices, including the Blockchain Association and the Chamber of Digital Commerce.

🚀 The best AI L0/L1 gem for December: $DAG $DAG Constellation Network should reach at least $0.64 in the next few weeks (the Feb 2023 high) – there are very few local resistances along the way. 💎 $DAG is only $130 million market cap now but could go to $10 billion in the AI bull market – 5 reasons why: ✅ Mainnet 2.0 is live ✅ Perfect for big AI models, IoT, federal agencies... ✅ The L0 has zero fees and can host an infinite number of L1’s ✅ Validated by the US government (Department of Defense) ✅ Uses the best tech stack by Cosmos, Polkadot & Cardano $DAG on KuCoin Official Constellation Network Telegram

IBM Unveils New Cold Storage Technology for Enhanced Crypto Asset Security ⚠️ ➡️ IBM has announced the release of the latest technology designed to enhance the security of cold storage for digital assets, aiming to revolutionize the way cryptos are managed and protected. ➡️ The IBM Hyper Protect Offline Signing Orchestrator (OSO) is specifically developed to overcome the challenges associated with traditional methods of cold storage for digital assets. By integrating advanced security features such as disconnected network operations, time-based security, and electronic approval by multiple stakeholders, OSO represents a significant leap in protecting high-value transactions. 📌 In the announcement blog, IBM wrote, “OSO is designed to address limitations of current cold storage offerings for digital assets, including the need for people to perform manual procedures for the execution of a cold storage transaction.” ⚡️ Further elaborating on the functionality, the blog explained, “Hyper Protect OSO provides a policy engine that brokers communication between two different applications that have been designed not to communicate directly with each other for security purposes.”

Why $RBW is the no.1 gaming token pick for this month 📈 Huge volume on $RBW (Crypto Unicorns) – a great game backed by Polygon, Delphi fund, etc. $0.30 would be a perfect entry, but it’s better to DCA as the pullback from the current level can be very shallow. The real party starts above $0.40 – this gaming token can easily go to $0.70-.75 even before the real gaming bull market starts. 🔥🔥 $RBW has lots of utility in the game – and even more is coming in 2024. Check out Rainbow Rumble and the other mini-games – and you’ll understand why top venture funds invested $26 million in this project! Trade $RBW on BitGet Trade $RBW on Uniswap Website

Osmosis and UX Chain Announce Merger, Set to Jointly Launch Cosmos-based DeFi Hub 📣 ➡️ Osmosis and UX Chain are preparing to merge in a move that seeks to create a comprehensive DeFi hub. Subject to approval, the merger would result in the fusion of lending protocol UX Chain’s lending logic and algorithms with Osmosis’ decentralized exchange, the largest DEX on Cosmos. ♾ In an announcement posted on Osmosis’ forum on Sunday, the companies jointly detailed a plan for the proposed merger. The procedure will take place in incremental steps, starting with the assimilation of UX Chain’s codebase into the Osmosis Chain. 💬 “When looking through the Cosmos, it is clear that Osmosis has shown a dominant presence as the most successful DEX in the ecosystem,” Osmosis said in its post. “Concurrently when looking at lending platforms in Cosmos it is quite apparent that the Umee UX Chain is the dominant lending platform in Cosmos with more special features than any other lending platform in crypto. Considering the potential synergies, we’re proposing a merger of these blockchain protocols into one of the most powerful DeFi ecosystems possible.” 📌 The merger seeks to maximize the capabilities of both platforms, with the initial phase expected to include the harmonization of shared total value locked across the two networks. During this preliminary step, both chains will maintain the separate trading of their respective tokens — the Osmosis token and the UX token.

Brazilian Senate OKs ‘15% Crypto Tax Rate’ ⚠️ ➡️ Brazilian senators have voted in favor of a bill that proposes taxing crypto tax profits earned on overseas crypto platforms at a fixed rate of 15%. Per the parliamentary website and a report from Brazil’s Livecoins, lawmakers “seriously amended” the bill to ensure no loopholes were included. Should the bill become law, users of international crypto exchanges such as Binance, Coinbase, and Kucoin will need to declare their earnings. 📌 The law is slated to come into force on January 1, 2024. It will require Brazilian crypto investors to declare these gains “separately from other income and capital gains.” Some more active crypto traders will breathe a sigh of relief, however. The amended bill replaces an initial proposal for a “sliding scale”-type structure. 📣 Under this proposal, those earning less than $1,200 from crypto trading on overseas platforms would have been exempt from taxation. But crypto traders earning over $10,140 per year would have faced tax bills of over 22%.

Continuing our exploration of M20 Chain & its $MCOIN 👀 M20 Chain, an early-stage project with immense growth potential, offers cheap and fast transactions. Waiting for their Metaverse in April: a digital realm for community, business, virtual exploration, gaming, and entertainment. Some thoughts: 🔹 M20Chain connects people with Web3, eliminating entry barriers. 🔹 Passed Certik audit, ensuring a secure Web3 experience. 🔹 Empowers artists with copyright protection and fair compensation. 🔹 Revolutionizes education with immutable records for easier credit transfers and job applications. Its own native $MCOIN: 🔹 Listed on 4 CEX. 🔹 Empowering creators and securing digital assets. Diving deeper here: @m20chainannouncements Become among the first in community: @m20groupchat

Crypto Loans Platform Nexo Integrates Koinly to Ease User Tax Obligations 🗣 ➡️ Nexo, a lending platform that provides instant crypto loans, has partnered with Koinly to simplify user’s tax reporting. 📌 Effective November 30, 2023, the collaboration enables Nexo users to easily generate tailored crypto tax reports. A company statement said that the partnership will streamline the crypto tax reporting and preparation of financial statements. ➡️ Further, Koinly allows Nexo users to cater to their specific transaction histories and tax obligations through the Nexo app. Nexo clients can also access custom country-wise tax reports for over 100 jurisdictions. ❕ “Our partnership with Koinly reflects our dedication to providing holistic financial solutions and empowering our clients to make informed financial decisions,” said Antoni Trenchev, co-founder and Managing Partner of Nexo. 👉 Additionally, the company noted that the service automates accurate tax reports, simplifying tax complications and reducing human error. Nexo users can avail the service for free up to 800 transactions annually. For users exceeding this transaction volume, a 30% discount is offered on Koinly.

Continuing our exploration of M20 Chain & its $MCOIN 👀 M20 Chain, an early-stage project with immense growth potential, offers cheap and fast transactions. Waiting for their Metaverse in April: a digital realm for community, business, virtual exploration, gaming, and entertainment. Some thoughts: 🔹 M20Chain connects people with Web3, eliminating entry barriers. 🔹 Passed Certik audit, ensuring a secure Web3 experience. 🔹 Empowers artists with copyright protection and fair compensation. 🔹 Revolutionizes education with immutable records for easier credit transfers and job applications. Its own native $MCOIN: 🔹 Listed on 4 CEX. 🔹 Empowering creators and securing digital assets. Diving deeper here: @m20chainannouncements Become among the first in community: @m20groupchat

New Find: Delving into M20 Chain & MCOIN World🔍 Just stumbled upon something truly exciting in the vast crypto space – M20 Chain and its native coin MCOIN. Imagine a space where learning about Blockchain & Web3 is as simple as your everyday web browsing. M20's primary mission is to break down barriers and make the complex world of Web3 accessible to everyone. Here's why M20 is catching my eye: 1️⃣ Early Growth Potential: As an early-stage project, M20 Chain holds significant growth potential. 2️⃣ Cost-Effective Transactions: Experience cheap and lightning-fast transactions. 3️⃣ ILO Metaverse Launch: Get ready for the Initial Land Offering in the metaverse – all set to unfold before Bitcoin's next halving! I recommend you not to skip such projects – early birds get the biggest profits! Check out the official announcements: @m20chainannouncements and dive deeper into the community chat: @m20groupchat

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Interactive Brokers Partners with OSL to Launch Crypto Trading for Retail Clients in Hong Kong ⚠️ 🟥 Interactive Brokers, an automated global electronic broker, is expanding cryptocurrency trading to retail investors in Hong Kong. The broker is now the first SFC-licensed securities broker to be approved to allow retail clients to trade cryptocurrencies in Hong Kong. 🔔 According to the announcement made on November 28, Interactive Brokers will be opening crypto trading for retail clients in Hong Kong in collaboration with OSL, a cryptocurrency exchange. This development allows Interactive Brokers’ retail investors in Hong Kong to have immediate access to digital asset trading through a single unified platform powered by OSL. 🔴 Hong Kong clients of Interactive Brokers can now hold Bitcoin (BTC) or Ethereum (ETH) in their accounts alongside traditional assets like stocks, derivatives, commodities, forex, and others. Each trade is subject to a commission ranging from 0.20% to 0.30% of the transaction value. ⚡️ The clients receive the benefits of centralized cash management as they can now trade cryptocurrencies like Bitcoin and Ethereum, along with stocks, options, futures, currencies, bonds, mutual funds, exchange-traded funds (ETFs), event contracts, cryptocurrency futures, and futures options, all from a single account and interface. 🟠 As the exclusive digital asset trading platform for Interactive Brokers, OSL aims to broaden investor access to digital finance, emphasizing its commitment to setting global standards for performance, security, and compliance.

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🏎 Revolutionize Your Ride with EDrive Token! Calling all car enthusiasts and crypto pioneers! EDrive Token merges Automotive and Blockchain for a new era of decentralized ownership and sustainable mobility! Democratizing Cars: Unlock classic and luxury cars with EDrive's platform! Now, everyone can co-own valuable assets like supercars and classics, breaking barriers in an industry once reserved for the elite. Transparency and Authenticity: EDrive ensures complete transparency, traceability, and authenticity in the automotive sector. Your car's history and ownership are securely recorded on the BSC. Rewards for Early Supporters: Early backers and supporters of EDrive enjoy tangible benefits! Don't miss out on being part of this revolutionary journey. Economic Impact: Beyond an upgrade, EDrive reshapes economic dynamics in the automotive sector, from ownership to businesses. 🚀 Join the future of automotive investment: EDrive GemPad IDO EDrive Website Let's accelerate towards a sustainable, decentralized automotive future together!

Tether and Bitfinex Drop Opposition to FOIL Request ⚠️ 💬 “Our decision is rooted in our unwavering commitment to transparency and the belief that we have nothing to hide,” the companies said in a joint statement released on Friday, November 24th. ➡️ If granted, a FOIL request would provide access to specific records belonging to the cryptocurrency exchange and stablecoin issuer. Cryptonewscom has reached out to both Tether and Bitfinex for additional information pertaining to the details of the request. 💬 “However, it’s essential to clarify that transparency does not mean a wholesale release of all our documents,” their statement continued. “This approach is not in line with standard business practices.” 🟥 The companies then called out a number of journalists, including Zeke Faux, Ada Hui, and Shane Shifflet, who lodged the FOIL request for “certain behaviors” and highlighted their “concerns.” In particular, the statement alleges that Faux’s work “has sometimes extended beyond the boundaries of professional journalism.” However, the companies provided no explicit examples to support this claim. 🔔 Additionally, the statement takes aim at both the Wall Street Journal and Bloomberg, calling the news organizations’ reporting “one-sided and inaccurate.”

Spain’s Central Bank Governor Says Digital Euro Not Consumer Priority, Pushes for Wider Collaboration 📌 ➡️ The Governor of Spain’s central bank, Pablo Hernandez de Coz says there is no urgent desire among users in the jurisdiction for a Central Bank Digital Currency (CBDC), explains the digital euro’s roadmap. 📌 In a recent speech at the Annual Convention of the Associacion de Mercados Financieros, Madrid, the central bank Chief said the desire to float the digital euro was borne out of three main factors; complementing cash use in the region, innovation of present payment systems and driving monetary autonomy. ➡️ According to him, considering present market dynamics, a digital euro is important but not a pressing necessity and this can be seen from consumer behaviour. 📌 Despite the growing use of digital payments and a decline in cash transactions, users have expressed concerns with digital currencies replacing cash although it has been properly explained as being overblown and without merit. ➡️ A recent study places the use of digital methods at 55% however 60% of the population requires cash as a viable option for many reasons leading to authorities stressing that the CBDC would aim to complement cash with other benefits and not replace it.

Republic Plans to Pay Users’ Dividends on Avalanche Blockchain 📣 🟢 Next-generation investment and technology firm Republic has announced plans to issue its upcoming digital asset on the Avalanche blockchain network. Called Republic Note, the digital asset will serve as a form of dividend payout for investors who tap into the extensive portfolio of the Republic investment infrastructure. 🔴 Providing more context on a tweet on X (formerly Twitter), the firm stated that Republic Note is its flagship investment product. With this dividend-paying digital token, users will be able to access its 750+ private equity portfolio. ➡️ Currently on offer for $0.36, the Republic Note boasts over $900,000 in its dividend pool size. Dividends are expected to be shared using Circle’s USDC stablecoin once it hits the $2 million threshold. ✅ Furthermore, the digital token secured over $30 million from both private and institutional investors in the early days of its launch. 290,000 plus community members are currently signed up for the crypto-based program when it fully enters the market. ⚡️ Once the digital token begins trading, users will have access to a maximum token supply of 800 million of the blockchain-based security tokens. For now, about 372 million of these digital tokens are currently in circulation.

Islamic Coin is expected to make another listing this year to attract liquidity and raise the price of its token!📌 ♾ The official listing of $ISLM was conducted October 10th on KuCoin. Islamic Coin also announced that KuCoin is only a kickstarter and soon there will be listings on other top-tier exchangers and that means new liquidity is coming up too. 📣Islamic Coin has the UAE Royal Family members on Executive Board and is backed by top names in finance. The coin is committed to empower 1.8B+ Muslims with a gateway to Shariah-compliant Web3. Even before the official listing Islamic Coin secured $400M from private investments and from ABO Digital. 👌Developers claim that if at least 3% of Muslim community holds their ISLM, the capitalization will be comparable to BTC. And they already have the biggest Twitter account among crypto Muslim community with 1.3 million followers. Partnerships with SushiSwap and Pyypl will help further expand Islamic Coin's ecosystem, providing liquidity and staking assets, and setting the stage for lucrative token mining opportunities. ⚠️Get ready to witness the birth of a coin that could very well disrupt the $2 trillion Islamic financial market. Join Islamic Coin Official Telegram Channel not to miss any updates and visit KuCoin to trade and deposit ISLM.