UK TO INTRODUCE CRYPTO RULES TO COMPLETE WITH TRUMP -LED US
The UK government is set to unveil new crypto regulations to counter Donald Trump's pro-crypto policies in the US and attract global investment to the UK's digital assets market.¹ This move aims to bolster the UK's competitive edge in the global digital assets market, as Trump's election win and pro-crypto stance have gained significant attention from investors.
The UK Treasury plans to introduce two bills focused on supporting stablecoin providers and addressing regulatory gaps. This legislation will include exemptions for certain services, such as staking and custodial wallets. Additionally, the UK is moving ahead with broader regulatory efforts through its Property Bill, which will safeguard the ownership rights of digital assets, including cryptocurrencies and NFTs.
Key aspects of the UK's crypto regulations:
Stablecoin legislation: To support stablecoin providers and address regulatory gaps
Property Bill: To safeguard ownership rights of digital assets, including cryptocurrencies and NFTs
Exemptions: For certain services, such as staking and custodial wallets
These regulations aim to create a more supportive environment for crypto businesses and investors, countering the appeal of Trump's pro-crypto policies in the US.
🚀 Tether is shaking things up with its new asset tokenization platform, Hadron! After months of anticipation, CEO Paolo Ardoino unveils a service that transforms real-world assets like bonds and stocks into digital tokens. 🌐
Hadron aims to revolutionize finance for nations and corporations by offering tools for KYC, AML compliance, and more. Supporting multiple smart contract networks, it's set to make the digital asset space more accessible and transparent.
With tokenization poised to be a multi-trillion industry, could this be the next big leap for crypto? Share your thoughts below! 💬
🚀 Tether, the company behind USDT, has unveiled Hadron, a new platform for asset tokenization! This service aims to transform real-world assets like bonds, stocks, and commodities into digital tokens, opening up fresh financing opportunities for businesses and governments.
- Hadron supports various smart contract networks and Bitcoin scaling networks.
- It includes tools for risk management, KYC, and AML compliance.
- Tether's CEO, Paolo Ardoino, believes Hadron will enhance the financial industry by making digital assets more accessible.
What do you think about this move by Tether? Share your thoughts in the comments!
🚀 Tether's new platform, Hadron, is here to tokenize everything but your grandma's cookie recipe! 🍪 From bonds to loyalty points, they're turning real-world assets into digital tokens. Why? To open up new financing opportunities for nations and corporations. 🌍
With tools for risk management, KYC, and AML compliance, Hadron is ready to rock the blockchain world. Supporting multiple smart contract networks, it's like the Swiss Army knife of tokenization. 🛠️
Think this will change the game? Let me know in the comments! 💬 #DeFi #Web3
💰 @FolksFinance raises $3.2M in a Series A funding round led by @borderless_cap. Other investors in the round include @AlgoFoundation, @Maple_block and @sovoventures.
#FolksFinance is a DeFi platform that enables cross-chain lending, borrowing, staking, and trading. Prioritizing security, efficiency, and user empowerment, it offers a seamless experience similar to centralized exchanges, setting a new benchmark for #DeFi applications.
👉
A new Sky Executive Vote is now live. If passed, the proposed changes to the Sky Protocol will take effect 16 hours after approval by the Sky Ecosystem Governance, impacting users as follows:
Changes to the Savings Rate
• The Sky Savings Rate (SSR) will increase to 8.5%, and the Dai Savings Rate (DSR) to 7.5%.
Stability Fee Parameters Update
• ETH Stability Fees will increase: ETH-A to 8.25%, ETH-B to 8.75%, and ETH-C to 8%.
• WSTETH Stability Fees will increase: WSTETH-A to 9.25%, and WSTETH-B to 9%.
• WBTC Stability Fees will increase: WBTC-A to 11.25%, WBTC-B to 11.75%, and WBTC-C to 11%.
The vote also includes a Spark Proxy Spell, which, if approved, will affect SparkLend and Spark's Morpho Vaults users. Additionally, the Executive Vote addresses updates to the Sky Ecosystem Liquidity Bootstrapping Funding, Integration Boost Funding, and other initiatives.
For more details, please read the complete proposal at: https://t.co/2bKtiHVv1q.
If approved by the Sky Ecosystem Governance, the proposed protocol changes will take effect within 16 hours.
$PNUT
🔥 Crypto market is trying to create strong support :
today Bitcoin almost dumped & created a support near $89k & gradually going up & soon BTC will break the resistance of $93k & hit $100k before the end of November .
🔥 CROSS-CHAIN INTEROPERABILITY: THE CEDFI EDGE WITH BOUNCEBIT
ENHANCING LIQUIDITY AND SCALABILITY
BounceBit utilizes cross-chain interoperability to connect various blockchain ecosystems, improving the stability and functionality of CeDeFi.
KEY BENEFITS
1. Enhanced Liquidity: Unified markets across multiple chains.
2. Greater Scalability: Optimized transaction throughput.
3. Increased Stability: Lowered fragmentation and risk.
CROSS-CHAIN TECHNOLOGY IN CEDFI
1. Atomic Swaps: Secure, peer-to-peer exchanges without intermediaries.
2. Sidechains: Offloading computations to improve performance.
3. Interoperability Protocols: Standardized communication across chains.
BOUNCEBIT'S CROSS-CHAIN ADVANTAGE
1. Multi-Chain Compatibility: Supports Ethereum, Binance Smart Chain, Polygon, and more.
2. Decentralized Governance: Decisions made by the community.
3. Automated Smart Contracts: Transparent, secure, and efficient processes.
THE POTENTIAL OF CROSS-CHAIN TECHNOLOGY
1. Seamless Asset Transfer: Across different blockchain networks.
2. Increased Liquidity Access: Enabling participation in diverse markets.
3. Catalyst for Innovation: Fuels new applications and use cases.
EXPERT INSIGHTS
"Cross-chain interoperability is essential for the evolution of CeDeFi." - CoinTelegraph
"BounceBit’s cross-chain framework bolsters liquidity and scalability." - DeFi Expert
CONCLUSION
BounceBit’s cross-chain interoperability is transforming CeDeFi, unlocking liquidity, scalability, and stability. As cross-chain technology evolves, BounceBit is set to be a leader in the decentralized finance landscape.
FOLLOW BOUNCEBIT
Twitter: @BounceBit
Telegram: @BounceBitOfficial
LinkedIn: @BounceBit
#BBCeDeFi $BB @bounce_bit #HaveYouBinanced #CryptoAMA
🚀 Crypto enthusiasts, exciting times ahead! Ethereum (ETH) has surged past $3,000, with experts eyeing a $10k target this bull run. Meanwhile, RCO Finance (RCOF) is making waves, promising a staggering 12,102% rally by Q1 2025! This new platform, armed with an AI Robo Advisor, aims to revolutionize trading with tailored strategies. Are you ready to ride the wave with ETH and RCOF? Share your thoughts and predictions in the comments! 📈 #CryptoTrends #Ethereum #RCOFinance