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Evening Must-Read | Effective Policy Elements for Encrypted Assets
1. Paradigm: Stablecoins should not be regulated like banks and money market funds
Stablecoins present an opportunity to upgrade and meaningfully expand payment systems for the digital age. However, despite technological advancements around the world and the continued demands of clients in today's digital economy, several recent regulatory actions and aspects of current legislative proposals have shoehorned crypto payment instruments into existing banking and securities frameworks , which would be a step backwards. click to read
2.Multicoin Capital joint innovation: most of the discussion frame about RWA is wrong
There's been a lot of talk about RWA lately. I find that most of these discussions are framed wrong. Like NFTs, RWAs are a fairly horizontal term that refers to many different things. click to read
3. DeFi is dead? Little do they know that the gears of fate have already started turning
Since the DeFi Summer in 20 years, after these years of development, although the entire track has gradually improved and various infrastructures have been derived, after reaching the peak in May 21, UNI, LINK, AAVE, SNX and other legends** The price performance of traditional DeFi blue chips is extremely bad, and it seems that they cannot escape the embarrassing situation of being gradually forgotten by market hotspots****, which once again verifies the concept of "loving the new and despising the old" in the circle. **click to read
4.Move War: What are the independent innovations of Aptos and Sui technical solutions?
Since the inception of Bitcoin, we have witnessed “L1 Wars”, which drove the development of cutting-edge technologies to solve the blockchain trilemma. There is always a need for highly scalable solutions, as no single solution can meet the needs of the industry while ensuring top-level security. This led to the creation of Sui and Aptos, which leveraged the architecture of Facebook's abandoned projects Diem and Novi. click to read
5. Effective Policy Elements for Crypto Assets
Recently, the Executive Board of the International Monetary Fund (IMF) discussed a board document on effective encrypted asset policies. of Effective Policies for Crypto Assets). The report summarizes nine core elements of an effective policy framework by which policymakers can better mitigate the risks posed by crypto-assets while harnessing the potential benefits of technological innovations associated with them to help member states establish a comprehensive, Consistent and harmonized framework for crypto assets. click to read