Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials' attention last week.
Due process and regulators in the United States continue to compete in the market in a creative struggle, trying to clearly propose something other than a full range of online game rules for login passwords.
Lawmakers Edward Markey and Richard Trumenthal wrote a letter stipulating that MetaCEO Mark Zuckerberg strictly forbids young people from visiting the company's illusory world service platform. According to the two due process, allowing children between the ages of 13 and 17 to access the virtual device is "very risky" because of privacy leakage, eye fatigue and cyber violence.
Along with his friend Jared Fisher, Markey also announced the reintroduction of the Natural Environmental clarity Act on encrypted assets in the U.S. Congress. The bill would require data encryption mining companies to disclose the amount of work that consumes more than 5MW power, while requiring Environmental Protection Agency directors and leaders to conduct a collaborative study of the impact of data encryption mining in the United States.
Another group of lawmakers-Elizabeth Warren, Charles Van Holland and Sabo Marshall-have written to BinanceCEO Zhao Changpeng to express anxiety about several industries of Binance-themed events. Lawmakers require the company to provide data, including its balance sheet. The trio claimed that there were data showing that the company was trying to evade the US ban and facilitated money laundering of at least $10 billion.
Gary Gensler, the current chairman of the Securities and Exchange Commission (U.S.Securities and Exchange Commission), has reapplied a proposed rule that extends the asset custody rule to a large number of cryptocurrencies, saying investors need a lot of maintenance. The proposed rules would provide for a written agreement between consultants and fund custodians, raise the requirements for foreign institutions serving as fund custodians, and explicitly extend the rules to ensure that they are free to buy and sell transactions.
In France, according to the strict login password enterprise license law
The French National Assembly Network voted to establish stricter approval rules for new cryptocurrency companies in accordance with the law so that local laws and regulations are in line with the proposed EU standards. The online vote was based on 109 votes in favor (60.5%) to 71 boycotts (39.5%). The French Senate has already passed the bill, which is now handed over to US President Emanuel Macron, who has 15 days to approve the bill or send it to the legislature.
If based, the new law will drive the company's headquarters, French cryptocurrency service providers, to follow stricter compliance rules, stating that customer assets are isolated and follow new accounting standards for reporting to regulators, while providing detailed risk and benefit delivery announcements as a means to enhance consumer protection.
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Dubai is another digital currency random economic development zone.
RAK, one of Dubai's seven emirates, has also issued a free zone for digital and virtual asset companies, which once again attract data encryption companies around the world because of the way their countries enter the industry. RAK Digital Assets OASIS (RAK DAO) will become a "innovative free zone for unregulated activities in the field of virtual assets".
The free zone will specialize in dealing with digital and virtual asset service providers in cutting-edge technologies, such as the illusory world, blockchain technology, utility dynamic passwords, virtual asset wallets, irreplaceable dynamic passwords, decentralized autonomous organizations, decentralized application processes and other Web3-related projects.
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The proposed amendment in South Dakota would ban cryptocurrencies, but not CBDC.
South Dakota has already issued a law to change the uniform Commercial Code to limit the definition of currency and shut out cryptocurrencies. Under the proposed new definition, the central bank's digital currency (CBDC) will still be called a loan currency. The nearly 117-page amendment was submitted by Poroshenko McStevens to the State House of Representatives, which defines "loan currency" as "a medium of exchange authorized by domestic or other national government departments at this stage."
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