The outline of the regulatory regime for future data encryption financial information services in the UK includes topics of general activity, from algorithmic stability worries to irreplaceable tokens and initial public offerings of coins. This will naturally be good news for this field, because the policies and regulations to be promulgated do not recommend a strict ban on algorithm stable numbering, and do not clearly put forward too high regulations on the information sharing of digital currency operators.

The Australian "token projection" consultation document is a fundamental step in the multi-stage reform and innovation agenda of the regulatory market. According to the method of "function" and technology neutrality, several basic definitions of the code of heaven and earth are put forward. It classifies four password-related products, including password property service items, intermediary password property, Internet tokens and intelligent contracts.

Let us not forget Hong Kong, China. The Hong Kong Monetary Authority has issued an introduction to information. Unlike in the UK, it advises against operating algorithmic stability codes in the UK.

It is not every week that two key jurisdictions basically share a clear vision of how passwords should be controlled in the near future. Within three days, the national finance ministries of the UK and Australia each shared nearly 80 pages and 60 pages of information documents.

SEC reached agreement on security claims in the LBRY case

The Foreign Securities and Exchange Commission (SEC) officially acknowledges that the sale of LBRY Credit (LBC) tokens in the secondary market does not constitute securities. Prosecutor John Deaton overcame an important argument at the prosecution hearing in what many call a victory over over-regulation of SEC law enforcement agencies in all areas of passwords. The ruling in this case made many people in the password world breathe a sigh of relief, especially the holders of XRP (XRP), as Ripple is facing a SEC securities lawsuit over the sale of XRP tokens at this stage.

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FTX borrowers look for court subpoenas against key circles of Sam Bankman-Fry

With the bankruptcy liquidation proceedings again, FTX and the affected parties have asked for information and documentation from blood relatives of former CEO Rob Bankman-Fried. A resolution submitted to the Delaware foreign bankruptcy court sought meaningful information from Gabriel Bankman-Fried and Barbara Fried, the second being the buddies and mothers of FTX's founders. According to the filing, FTX and the borrower have sought real estate property belonging to the company and investors.

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The former consultant of Bank of China called on Beijing to seriously consider password restrictions.

Huang Yiping, a former member of China's Monetary Policy Committee, believes that the Chinese government should re-examine whether the ban on encrypted currency transactions is long-term sustainable. The former senior official made up lies that a permanent ban on data encryption could cause formal financial system software to miss many opportunities, including good opportunities related to blockchain and tokenization.

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