Community News:
1. Binance published an article titled "Facing FUD" to respond to recent questions about reserves and other issues
Based on the principle of "openness and transparency", Binance published an article titled "Facing FUD | Response to recent media and community questions" to respond to the constant "FUD" against Binance.
2. Binance and Kazakhstan government launch blockchain education project
Binance is launching a blockchain education program in Kazakhstan. Under a partnership agreement with the local government, Binance will provide educational materials and support for blockchain and compliance basics courses, and will provide blockchain training to more than 40,000 students in colleges and universities in the Central Asian country by 2026. (Bitcoin.com)
3. New York judge approves SBF's $250 million bail
New York judge Gabriel W. Gorenstein approved FTX founder SBF's $250 million bail. The judge said SBF's next court appearance will be on January 3, 2023. (NBC)
Industry News:
1. Dubai real estate developer MAG accepts multiple cryptocurrencies for payment
Last month, MAG, a top real estate developer in the UAE, announced the launch of the Keturah Reserve project. The official description of Keturah Reserve states that the project accepts multiple cryptocurrencies as payment methods. (U.Today)
Policies and Regulations:
1. The Marshall Islands passed a law recognizing The DAO as a limited liability company
The Marshall Islands passed the DAO Act of 2022, and the new law recognizes DAO as a limited liability company. The government also provides a registration process for the crypto community. DAO needs to include "DAO LLC" as part of its name and can obtain formal registration in the Marshall Islands. (The Block)
2. Brazil's crypto regulation bill may become law, planning to allow public institutions to hold cryptocurrencies
Brazil's cryptocurrency regulation bill is about to become law. The bill, which was approved by the House of Representatives two weeks ago, aims to regulate virtual asset providers. If outgoing President Jair Bolsonaro does not veto it before the end of December 21, it will automatically become law. (The Block)