European Trade Group Warns Against Excluding DeFi from MiCA Regulations
The Association of European Financial Markets (ASME) has called for the DeFi industry to be included within the scope of regulations on the encrypted asset market.
As MiCA regulations exclude DeFi and NFTs, the trade group noted that excluding DeFi could pose unintended risks to financial stability and potential ripple effects.
The trade group recommends developing a risk-based classification system for DeFi activities and digital assets, along with a consistent regulatory framework and varying degrees of centralization.
M

If you want to ask which two things are the hottest in the NFT circle recently, it must be Azuki and ERC6551. Azuki is already in a bad state without saying much. This time, let’s talk about ERC6551. How popular is it? In the just-concluded ETHGlobal Waterloo Hackathon in Waterloo, Canada, 4 out of 11 projects were related to ERC6551

Rumors of the resignation of Gary Gensler, claiming that the SEC chairman has internally submitted a letter of resignation.
I was really worried when I saw a lot of people forwarding fake news in the morning...

The Hong Kong government formed a panel of industry and government officials to oversee the development of Web3, with a particular focus on promoting its growth in an ethical manner.
The group will propose sustainable and responsible developments to help Hong Kong become a Web3 hub.
The Hong Kong government is actively promoting the region as an attractive venue for cryptocurrency companies, with more than 80 virtual asset-related companies expressing interest in establishing their presence in Hong Kong.
The Securities and Futures Commission of Hong Kong will soon allow licensed platforms to p

After reading this news...full of emotions...
What the SEC did is even more unacceptable! Through issues such as regulation and compliance, the market is swaying.
The former is to share one's preferences on the Internet, while the latter has strong policy factors. So which one should be sanctioned 🤔
But I didn't expect the market to react so violently. Just because the application documents are insufficient, everyone panics like this?

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Overall, the development of Web3 still faces many problems and challenges, but it is also full of great potential and opportunities. Only through continuous efforts and innovation can the popularization and development of Web3 be realized.

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🔰Conclusion
As Web3 evolves, there are various challenges and obstacles that need to be addressed in order to realize its full potential. But the good news is that Web2 businesses can play a key role in helping overcome these barriers and furthering the industry.

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Web2 businesses can address some of these issues by providing resources, expertise and actively participating in the development of blockchain technology. Collaboration between each other can accelerate the development of the industry, bring more innovations and applications, and ultimately benefit the entire ecosystem.

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I am optimistic about the integration of Web2 enterprises into Web3, after all, it will be of positive help to the sustainable growth and success of the industry. As the industry continues to evolve and face new challenges, Web2 and Web3 work together to advance blockchain technology and develop its full potential, bringing more innovative and convenient applications.

However, if you are a person who wants to stay in the market for a long time, I personally think that the development and future direction of Ethereum cannot be ignored. After all, many Ethereum, as the largest ecosystem in the blockchain field, are basically a pull And the state of moving the whole body.
Learn about the development process of Ethereum, maybe you will get some different inspirations.