Morning Post - September 28

headlines

▌Vitalik: The new book "Proof of Stake" has been published

Vitalik tweeted that his new book "Proof of Stake" has been published, "This book brings together various works I have created in the past 10 years, thanks to everyone who helped make this happen!" As previously reported, Vitalik published on August 31 The digital and physical versions of its anthology "Proof of Stake" in the past ten years will be published. Readers can now donate to Gitcoin and get a digital copy and commemorative NFT, and all proceeds will go to charity.

policy

▌EU plans to propose legislation on digital euro in 2023

At a conference hosted by the Banque de France today, EU Commissioner Mairead McGuinness said the European Commission plans to introduce legislation on a "possible" digital euro in 2023 to enable parliament and the European Council to debate it. Work on a digital euro is currently in the prototyping stage, with Banque de France governor François Villeroy de Gahau confirming that a decision on whether to proceed will be made by the end of 2023, with a possible launch in 2026 or 2027. While work on a euro central bank digital currency (CBDC) has largely focused on retail, earlier this week the ECB confirmed that it is also considering a wholesale CBDC for interbank payments.

cryptocurrency

▌Federal Reserve Chairman Powell: The same risks and regulations should be adopted for encrypted assets

Federal Reserve Chairman Powell attends a panel meeting on digital currencies. Powell said that we support responsible innovation, including encrypted products. Regulation creates a level playing field, avoids regulatory circumvention loopholes, and applies the same risks and regulations to crypto assets. We have a lot of work to do in terms of regulating traditional digital assets and new structures, and a lot of thinking about how to deal with this new technology.

▌Fed Chairman Powell: Encourage Congress to pass regulation on stablecoins

Federal Reserve Chairman Powell attends a panel meeting on digital currencies. Powell said that Congress is encouraged to pass regulation on stablecoins, potential stablecoin issuers are very interested in reaching the public more broadly, and the Federal Reserve will always be the main source of trust in money. The Fed needs to play a role in money creation.

▌Christie launched the NFT platform "Christie's 3.0"

Christie's announced that it has partnered with Manifold, Chainalysis and Spatial to launch the NFT platform "Christie's 3.0", which will help traditional auction houses realize NFT sales, and all transactions (including post-sale processing) can be automated and on-chain. It is reported that the first sale of Christie's 3.0 will be nine new NFT works by encrypted artist Diana Sinclair.

▌Axelar Partners with Mysten Labs to Bring Universal Messaging to the Sui Blockchain

Axelar, the proof-of-stake blockchain connecting Web3 ecosystems such as Avalanche, Osmosis and Polkadot, has partnered with infrastructure company Mysten Labs. Recently raised a $300 million Series B investment to enable decentralized applications based on Mysten's Sui blockchain to provide a Web3 cross-chain user experience with a single click. Potential use cases for this partnership include incorporating the liquidity of digital assets into the gameplay of Web3 games, and utilizing digital assets as collateral for multi-chain lending. Axelar and Mysten are creating an environment that goes beyond siled ecosystems and allows developers to draw from all that the Web3 ecosystem has to offer.