AF
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2020 December 03
G
Crypto Regulation News
TL;DR
- Credit card giant Visa announced it is connecting its global payments network of 60 million merchants to the U.S. Dollar Coin (USDC) developed by Circle Internet Financial on the ethereum blockchain. The digital currency is now valued at $2.9 billion.
- A group of U.S. Representatives has unveiled a new piece of stablecoin-focused legislation called the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act.
- Alongside other actions, the CFTC was pleased with its seven enforcement actions in the crypto market.
- President-elect Joe Biden has confirmed the nomination of former Federal Reserve Chair Janet Yellen as the next Secretary of the U.S. Treasury Department.
- The IRS is weighing different approaches to crypto taxation, says the Treasury official.
- The head of the US Securities and Exchange Commission, Jay Clayton, is giving Bitcoin a final boost as he prepares to leave the agency.
- Biden should integrate Bitcoin into US financial system, says Niall Ferguson.
- John Ratcliffe, the US Director of National Intelligence, has reportedly penned a letter to the SEC expressing concern about China’s control over Bitcoin and crypto.
- Coinbase CEO Brian Armstrong is warning crypto asset owners about legislation cracking down on self-hosted crypto wallets that may be hastily introduced in the Trump administration’s final days.
- US senator-elect and former Wyoming state treasurer Cynthia Lummis says states should lead the way in creating policies that allow Bitcoin to function the way it was designed.
- US government labels Virgil Griffith’s argument to dismiss sanctions charges ‘absurd’.
- OECD tax director says international crypto tax standards are coming in 2021.
- Facebook’s Libra rebrands to Diem, hoping to shake off associations. Libra cryptocurrency is finally nearing its launch date, which could be as soon as January 2021, according to the Financial Times.
- BIS report suggests ‘embedded‘ monitoring tool for stablecoins.
- Coinbase to discontinue margin trading services due to regulatory concerns.
- European central bankers predict that the digital euro is at least five years away.
- After January 10, UK crypto firms not registered with the FCA won’t be able to operate. Only three firms have made it on the list so far.
- The Lithuanian State Tax Inspectorate exchanged Bitcoin, Ether and Monero for 6.4 million euro.
- The Block Research analyses of the current regulatory frameworks for cryptocurrency businesses and taxation relating to cryptocurrencies in Japan.
- South Korea to delay new tax regime on cryptocurrencies until 2022.
- Authorities shut off electricity to Bitcoin miners in China’s Yunnan province.
- Russia’s Sberbank plans release of its own crypto token, the ‘Sbercoin’.
- Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency.
- UAE, Saudi Arabian central banks release report on Project Aber CBDC trial.
- Nigeria is establishing a framework for widescale crypto adoption.
- The Venezuelan army turns to crypto mining as the country’s economy collapses.
- Australian government embraces blockchain with a new trial and public servants’ network.
- New, small-scale research from Xangle takes a look at investors’ reflections on their initial coin offering investments between 2017 and fall 2020.
And more!
#Regulation https://medium.com/paradigm-fund/crypto-regulation-news-visa-partners-with-usdc-libra-rebrands-to-diem-and-launches-in-january-4e6d29e1351
vol. 56, 18th November — 3rd December
Visa partners with USDC, Libra rebrands to Diem and launches in January 2021 as USD stablecoin, US Representatives has unveiled the STABLE Act, Biden announces nomination of Janet Yellen to lead Treasury Department, South Korea to delay new tax regime on crypto until 2022TL;DR
- Credit card giant Visa announced it is connecting its global payments network of 60 million merchants to the U.S. Dollar Coin (USDC) developed by Circle Internet Financial on the ethereum blockchain. The digital currency is now valued at $2.9 billion.
- A group of U.S. Representatives has unveiled a new piece of stablecoin-focused legislation called the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act.
- Alongside other actions, the CFTC was pleased with its seven enforcement actions in the crypto market.
- President-elect Joe Biden has confirmed the nomination of former Federal Reserve Chair Janet Yellen as the next Secretary of the U.S. Treasury Department.
- The IRS is weighing different approaches to crypto taxation, says the Treasury official.
- The head of the US Securities and Exchange Commission, Jay Clayton, is giving Bitcoin a final boost as he prepares to leave the agency.
- Biden should integrate Bitcoin into US financial system, says Niall Ferguson.
- John Ratcliffe, the US Director of National Intelligence, has reportedly penned a letter to the SEC expressing concern about China’s control over Bitcoin and crypto.
- Coinbase CEO Brian Armstrong is warning crypto asset owners about legislation cracking down on self-hosted crypto wallets that may be hastily introduced in the Trump administration’s final days.
- US senator-elect and former Wyoming state treasurer Cynthia Lummis says states should lead the way in creating policies that allow Bitcoin to function the way it was designed.
- US government labels Virgil Griffith’s argument to dismiss sanctions charges ‘absurd’.
- OECD tax director says international crypto tax standards are coming in 2021.
- Facebook’s Libra rebrands to Diem, hoping to shake off associations. Libra cryptocurrency is finally nearing its launch date, which could be as soon as January 2021, according to the Financial Times.
- BIS report suggests ‘embedded‘ monitoring tool for stablecoins.
- Coinbase to discontinue margin trading services due to regulatory concerns.
- European central bankers predict that the digital euro is at least five years away.
- After January 10, UK crypto firms not registered with the FCA won’t be able to operate. Only three firms have made it on the list so far.
- The Lithuanian State Tax Inspectorate exchanged Bitcoin, Ether and Monero for 6.4 million euro.
- The Block Research analyses of the current regulatory frameworks for cryptocurrency businesses and taxation relating to cryptocurrencies in Japan.
- South Korea to delay new tax regime on cryptocurrencies until 2022.
- Authorities shut off electricity to Bitcoin miners in China’s Yunnan province.
- Russia’s Sberbank plans release of its own crypto token, the ‘Sbercoin’.
- Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency.
- UAE, Saudi Arabian central banks release report on Project Aber CBDC trial.
- Nigeria is establishing a framework for widescale crypto adoption.
- The Venezuelan army turns to crypto mining as the country’s economy collapses.
- Australian government embraces blockchain with a new trial and public servants’ network.
- New, small-scale research from Xangle takes a look at investors’ reflections on their initial coin offering investments between 2017 and fall 2020.
And more!
#Regulation https://medium.com/paradigm-fund/crypto-regulation-news-visa-partners-with-usdc-libra-rebrands-to-diem-and-launches-in-january-4e6d29e1351
2020 December 04
AF
В Конгресс США внесен законопроект, который сделает нелегальными любые продукты и услуги, связанные со стейблкоинами, если они не получат одобрения регуляторов. Новые ограничения коснутся криптовалюты Facebook в случае принятия документа:
https://www.rbc.ru/crypto/news/5fc8b7d69a7947f0d77f1e06
https://www.rbc.ru/crypto/news/5fc8b7d69a7947f0d77f1e06
G
Humanode — in-house project announcement
Dear friends and colleagues,
Today we have something particularly interesting to share with you. After years of constant research and analysis we are finally ready to present our inhouse project that has been assembled in secrecy all this time. We would like to introduce you to the @Humanode!
Humanode is a decentralized network based on private biometrically encrypted nodes (or replicas). Using solutions that provide fully homomorphically encrypted feature vectors for biometric processing and a Merkle-CRDT mechanism, people will be able to deploy replicas to create a public permissionless financial network based on consensus between equal human nodes with a rule-based monetary policy targeting real value growth and proportional emission.
The Humanode network is a protocol that can prove one's unique identity through novel authentication schemes and grant permission to launch a node and verify transactions running through a public permissionless network based on human existence.
The core stack of technologies enabling human-node technology includes:
● Private biometrics with fully homomorphic encrypted feature vectors, which ensure that the embedded template cannot be mathematically reversed to its original state. They satisfy the requirements of data safety, as they exist in plaintext only for a few seconds at the inception and are deleted immediately afterward. Having multiple biometric types coupled with liveness detection makes it less likely for an adversary to simulate biometric data, as it becomes almost impossible to recreate or steal.
● An IPFS public cluster, which becomes a permissionless public protocol for trusted asset and data transfer maintained by human nodes. It has a cost-based fee model and flexible guaranteed persistence of data.
● A private smart contract on Secret Network for private biometric decentralized key management. The user’s root private key is issued in the private smart contract so that nobody can get access to it.
● The Merkle-CRDT mechanism between equal human nodes in a public IPFS cluster to achieve consensus on the current state of the ledger. It provides strong eventual consistency. Using Merkle Clocks, we ensure causality of events and global convergence of data among replicas.
● IPFS as the environment for working with Merkle-DAG.
● IPFS’s bitswap, DHT, and pubsub features as networking transport, discovery, and data transfer layers.
● Vortex as the DAO governing system.
● Fath as the monetary policy and algorithm targeting real value growth and proportional emission.
We would like to thank everyone who has followed and supported our research and development endeavours throughout all these years. Without you it would have been impossible to amass all the knowledge that lead to the creation of Humanode. With passion in our hearts and tranquillity in our minds we commence to build and invite everyone to join our efforts!
Sincerely,
Paradigm team
Read full announcement via the link below:
https://medium.com/paradigm-fund/humanode-in-house-project-announcement-acc182726429
For more information check out Humanode's
🔺Whitepaper
🔺 Website
🔺 Telegram
🔺 Twitter
🔺 GitHub
🔺 Youtube
Powered by ParadigmLadies and gentlemen,
Dear friends and colleagues,
Today we have something particularly interesting to share with you. After years of constant research and analysis we are finally ready to present our inhouse project that has been assembled in secrecy all this time. We would like to introduce you to the @Humanode!
Humanode is a decentralized network based on private biometrically encrypted nodes (or replicas). Using solutions that provide fully homomorphically encrypted feature vectors for biometric processing and a Merkle-CRDT mechanism, people will be able to deploy replicas to create a public permissionless financial network based on consensus between equal human nodes with a rule-based monetary policy targeting real value growth and proportional emission.
The Humanode network is a protocol that can prove one's unique identity through novel authentication schemes and grant permission to launch a node and verify transactions running through a public permissionless network based on human existence.
The core stack of technologies enabling human-node technology includes:
● Private biometrics with fully homomorphic encrypted feature vectors, which ensure that the embedded template cannot be mathematically reversed to its original state. They satisfy the requirements of data safety, as they exist in plaintext only for a few seconds at the inception and are deleted immediately afterward. Having multiple biometric types coupled with liveness detection makes it less likely for an adversary to simulate biometric data, as it becomes almost impossible to recreate or steal.
● An IPFS public cluster, which becomes a permissionless public protocol for trusted asset and data transfer maintained by human nodes. It has a cost-based fee model and flexible guaranteed persistence of data.
● A private smart contract on Secret Network for private biometric decentralized key management. The user’s root private key is issued in the private smart contract so that nobody can get access to it.
● The Merkle-CRDT mechanism between equal human nodes in a public IPFS cluster to achieve consensus on the current state of the ledger. It provides strong eventual consistency. Using Merkle Clocks, we ensure causality of events and global convergence of data among replicas.
● IPFS as the environment for working with Merkle-DAG.
● IPFS’s bitswap, DHT, and pubsub features as networking transport, discovery, and data transfer layers.
● Vortex as the DAO governing system.
● Fath as the monetary policy and algorithm targeting real value growth and proportional emission.
We would like to thank everyone who has followed and supported our research and development endeavours throughout all these years. Without you it would have been impossible to amass all the knowledge that lead to the creation of Humanode. With passion in our hearts and tranquillity in our minds we commence to build and invite everyone to join our efforts!
Sincerely,
Paradigm team
Read full announcement via the link below:
https://medium.com/paradigm-fund/humanode-in-house-project-announcement-acc182726429
For more information check out Humanode's
🔺Whitepaper
🔺 Website
🔺 Telegram
🔺 GitHub
🔺 Youtube
2020 December 07
AF
AS
Если посмотрю это видео потрачу ли я в два раза больше времени?
AF
Если посмотрю это видео потрачу ли я в два раза больше времени?
там ничего нового
AS
там ничего нового
(это было отсылка к https://youtu.be/8AieOyL9y64 )
AF
(это было отсылка к https://youtu.be/8AieOyL9y64 )
ну, я не фанат Наки
AS
ну, я не фанат Наки
Ну посмотри про удвоенное время. Продлишь жизнь смехом
AF
да, слышал про это
AF
ну, какие к Наки могут быть претензии? ))
AF
M
Команда юристов Трампа намерена завтра представить в Неваде 20 папок с доказательствами нарушений в ходе выборов
Это блеф для избирателей. Потом Трамп скажет что все это отклонили и будет обвинять суды США что они все продались демократам так же как он обвинял все сми в фейкньювс, потом спецслужбы, потом губернароров и т д. Вот увидишь) У него сейчас главная повестка доказать своим сторонникам, что в США уже нет ни демократии, ни права и можно верить только ему
M
Это блеф для избирателей. Потом Трамп скажет что все это отклонили и будет обвинять суды США что они все продались демократам так же как он обвинял все сми в фейкньювс, потом спецслужбы, потом губернароров и т д. Вот увидишь) У него сейчас главная повестка доказать своим сторонникам, что в США уже нет ни демократии, ни права и можно верить только ему
Он же сам говорил своим избирателям, что либо ты победитель, либо лузер. Поэтому он никогда перед своими избирателями не признается, что он не победитель. И будет это делать и до и после иннагурации (он ведь еще хочет баллотироваться в 2024м)
AF
Он же сам говорил своим избирателям, что либо ты победитель, либо лузер. Поэтому он никогда перед своими избирателями не признается, что он не победитель. И будет это делать и до и после иннагурации (он ведь еще хочет баллотироваться в 2024м)
да блин, мужику 74 года. естесвенно он победитель
VP
да блин, мужику 74 года. естесвенно он победитель
Вот оно, влияние российской действительности
M
да блин, мужику 74 года. естесвенно он победитель
Ну да, как он мог проиграть какому то 78 летнему старику)