Morning Post - September 26

headlines

▌Moscow is preparing to become a cryptocurrency exchange

Russia's largest stock exchange, Moscow Exchange, is preparing to become a cryptocurrency exchange, it said on social media. Jinse Finance previously reported that the Moscow Exchange (MOEX) is drafting a bill aimed at allowing digital financial assets (DFA) and DFA-based securities trading.

cryptocurrency

▌Apple will allow apps to sell NFT in its App Store

Apple now allows apps that sell NFTs to be installed and sold through its App Store. Developers of current apps can sell NFTs in apps, and new apps can also set NFTs in them. However, many have focused on Apple's hefty 30 percent cut of each transaction, and The Information reported that Magic Eden pulled its service from the App Store after learning of the policy.

▌ApeCoin community initiates a new proposal AIP-88 to launch NFT Launchpad

The ApeCoin community has launched a new proposal AIP-88, which aims to launch a Launchpad for the ApeCoin NFT project and integrate the ApeCoin community into one NFT delivery platform. AIP-88 titled "Earn ApeCoin Income Through No-Code NFT Drop Platform and Launchpad", initiated by Bored Ape Yacht Club member and NiftyKit co-founder Dan, hopes to use this self-service smart contract-based Launchpad platform to fund developers Support and establish deep integration with ApeCoin, and set it as the basic token of the creator economy.

▌MiCA has hindered the application of stablecoins in the EU

The digital asset landscape in the European Union is changing ahead of the adoption of the Market in Cryptoassets (MiCA) regulatory framework, which aims to instill regulatory transparency in crypto assets. Although well-intentioned, MiCA's current structure may hinder innovation. But if a revised version of the policy is passed, the EU could become one of the leaders in digital payments.

▌Tagus Capital: Bitcoin is a hedge against irresponsible money printing by central banks

The recent popular saying in the currency circle is "one bitcoin is one bitcoin". What this point of view is trying to express is that it doesn't matter what the price of Bitcoin is, because the supply is fixed, and in theory, it will play a role in supporting the price in the long run. Joshua Lim, former director of derivatives at Genesis Trading, said: "With the price of Bitcoin falling sharply, 1 BTC = 1 BTC is a half-joking statement by Bitcoin maximalists. They believe that Bitcoin will eventually become a unit of account. So don’t worry about the price, just focus on the absolute amount of bitcoin we have now.” Ilan Solot of Tagus Capital said, “Bitcoin is not an inflation tracking tool, it is not an inflation-protected bond, and the price will not follow inflation. Rising and rising, Bitcoin is a hedge against irresponsible money printing by central banks.”