Encryption event analysis:

#CHZ has remained highly active after the World Cup. After previously announcing the development of an EVM-compatible Layer 1 chain, there are also a series of plans surrounding sports entertainment, such as partnerships, third-party fan tokens, NFT ticketing, and entertainment. Related infrastructure development deserves attention #crypto2023

In addition, Dubai’s policy banning activities related to privacy tokens is not the first one. Privacy tokens are a technology that naturally has the ability to evade supervision, so they will be a big need in the encryption industry, but for regulators , this kind of token with opaque transactions is even more unacceptable than other crypto tokens. This new regulation includes a ban on privacy leaders such as Dash, Monero, and ZEC. The local area also prohibits development companies related to this technology from carrying out related activities~