Morning Post - November 21

headlines

▌U.S. President Joe Biden calls for stricter global cryptocurrency regulation

Following the FTX debacle, global regulators are negotiating to implement global cryptocurrency regulation. In order to prevent the recurrence of FTX-like incidents and protect investors and other entities, President Biden of the United States has expressed his views on the cryptocurrency field. “It is critical to build public awareness of risks, strengthen regulatory outcomes and support a level playing field, while taking advantage of the benefits of innovation,” the statement said. Stablecoins, which are closely monitored to mitigate potential risks to financial stability.

policy

▌Vitalik: Singapore's well-intentioned attempts at cryptocurrency regulation may not work

Ethereum founder Vitalik Buterin said in an interview recently that Singapore's well-intentioned attempts at cryptocurrency regulation may not work because Singaporean regulators try to distinguish "blockchain usage" from "cryptocurrency." Cryptocurrency, then you have fake blockchains, nobody cares about those blockchains.”In addition, Vitalik Buterin said that it is difficult for regulators to strike a balance between supporting new technologies and cracking down on bad actors, but he also said that Singapore has long positioned itself as a cryptocurrency-friendly judiciary Jurisdictions, which have only begun to tighten in recent months, though, regulators are only trying to “stop cryptocurrency speculation” rather than outright banning cryptocurrencies.

Blockchain application

▌COP27 announced the launch of "Ethereum Climate Platform", founding members include Microsoft, Polygon, ConsenSys

The 27th Conference of the Parties (COP27) of the United Nations Convention on Climate Change announced the launch of the "Ethereum Climate Platform" Ethereum Climate Platform (ECP). Blockchain software technology ConsenSys and enterprise software developer Allinfra convened many companies to become founding members, including : Microsoft, Polygon, AAVE, Art Blocks, Celo, CodeGreen.Org, Enterprise Ethereum Alliance, ERM, Filecoin Green, Gitcoin, Global Blockchain Business Council, Huobi Global, Laser Digital, The Climate Collective, UPC Capital Ventures, W3bcloud, etc.