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Crypto Regulation and Market Anticipations
The MiCA's ratification has effectively legalized the cryptocurrency market across 27 EU countries. Eight more potential member nations will soon modify their laws to comply with MiCA. This move means the legislation will impact over half a billion people, making it a unique event of unprecedented scale.
A Twitter user (@hufhaus9) has created a visual timeline outlining the SEC’s response deadlines for the approval of BlackRock’s Bitcoin spot ETF.
Just 10 days ago, the renowned global investment firm with $10 trillion in assets applied for a groundbreaking Bitcoin spot exchange-traded fund in the United States.
First deadline: August 12, 2023
Second deadline: September 26, 2023
Third deadline: December 25, 2023
Final decision: February 23, 2024
If granted approval, BlackRock will be able to purchase BTC directly from the spot market, potentially utilizing platforms like Coinbase, on behalf of its clients.
With the BTC halving and these deadlines coinciding, the first quarter of 2024 promises to be an exciting period! Yuga Labs' Book Celebrates CryptoPunks' 6th Anniversary
The creators of CryptoPunks, are crafting an immersive book that will detail each of the 10,000 Ethereum avatars, pixel by pixel. Set to release in Fall 2023, the book aims to showcase the artwork of CryptoPunks and their profound impact since their inception. Decentralizing Verification: EU's New Blockchain Initiative
Protokol, an organization at the cutting edge of Web3 and blockchain technology, has disclosed its partnership with the EU-funded initiative, EBSI Vector. The project is poised to pioneer a novel decentralized system that will transform the way educational and professional credentials are verified across the borders of EU nations. NASA Building ChatGPT-like System for Space Station
NASA is undeterred by the portrayal of AI systems in science fiction movies and is developing its own ChatGPT-like system for an upcoming space station. The space agency is working on a generative AI system that will enable astronauts and mission control to communicate with vessels and conduct experiments. Animoca Brands Joins the Celo Blockchain Ecosystem
Animoca Brands is set to introduce their Web3 games into the mobile application of the Celo blockchain. They will also serve as one of Celo's network validators, ensuring its security alongside industry giants like Deutsche Telekom, Coinbase, a16z, among others. American Crypto Business? Welcome to France!
In late April, the European Parliament gave the green light to the Markets in Crypto Assets (MiCA) legislation. MiCA has emerged as the first-ever and most comprehensive package of standards and rules governing the crypto industry across EU nations. This development prompts us to ponder how the ripple effects of MiCA will be felt outside Europe. Uniswap Labs reveals plans for Uniswap v4 protocol upgrade
Uniswap Labs has announced the draft code for Uniswap V4, a complete redesign of their popular decentralized exchange protocol. The new architecture aims to offer more customization and efficiency. The cost of creating liquidity pools is projected to reduce by 99%, and the protocol will permit developers to construct more cost-effective, minimalistic pools. Ripple and University of Toronto Team Up for Crypto Education
The University of Toronto, Canada's largest higher education institution by enrollment, is partnering with Ripple to establish an independent XRP ledger validator that will primarily process payments, marking a significant step in fostering the upcoming wave of the crypto industry.
Ethereum co-founder Vitalik Buterin has teamed up with India-based crypto fund Crypto Relief and Polygon co-founder Sandeep Nailwal to contribute a substantial sum of $100 million towards COVID-19 research and the development of medical infrastructure in India.
Recognizing the ongoing threat of COVID-19 and potential future pandemics, Buterin took to Twitter on June 8th to highlight the urgent need for a comprehensive global solution. He emphasized the importance of combining cutting-edge scientific innovation with effective on-the-ground implementation to address these challenges head-on.
The generous donation will be directed towards critical areas of research, with a particular focus on studying COVID-19 airborne transmission and advancing the development of improved medical equipment.
By prioritizing these aspects, the initiative aims to enhance understanding and mitigation strategies, ultimately curbing the spread of the virus and improving healthcare outcomes for affected individuals. UK Implements Stricter Rules for Crypto Investments
The UK’s financial regulator has announced tougher marketing regulations for cryptoassets. Starting in October, British consumers purchasing cryptocurrencies will have a mandatory 24-hour “cooling-off” period, allowing them to reconsider their investment decisions. 







