Morning Post - October 25

headlines

▌Rishi Sunak, who will become the next Prime Minister of the United Kingdom, has stated that he will work hard to make the United Kingdom a global crypto asset center

The latest news is that Conservative MP Rishi Sunak will become the UK's next prime minister after other candidates dropped out of the race. When he was the British Chancellor of the Exchequer, he stated that he would work hard to make the United Kingdom a global center for encrypted assets.

policy

▌French researchers: Now is the time to start regulating the metaverse

Nigerian presidential candidate Asiwaju Bola Tinubu said at the APC meeting that he plans to establish an advisory committee to review the existing regulatory environment for blockchain technology and virtual asset services. Where necessary, the Commission will propose changes to achieve a "more efficient and business-friendly regulatory framework". According to the APC's 80-page manifesto, the Tinubu government actually wants to reform Nigeria's information technology policy. An excerpt from the APC manifesto states that we will reform government policy to encourage prudent use of blockchain technology in finance and banking, identity management, tax collection, and use of crypto assets.

cryptocurrency

▌Foreign media: Part of Messi’s annual salary is paid in cryptocurrency

After the Le Parisien exclusively revealed the contract of Paris Saint-Germain star Mbappé, Adrien Chantegrelet, a reporter from the same newspaper, then analyzed the contract situation of Neymar and Messi. In 2017, Neymar joined Paris with a worth of 222 million and signed a contract with the team until 2022. The estimated annual salary of this contract at that time was 36 million euros after tax. But Messi is actually different. According to Spanish media reports, the total contract between Messi and Barcelona was expected to be 555 million euros, and the fixed annual salary was about 61 million euros. In Paris, Messi receives an annual salary of about 41 million euros after tax, part of which is paid in cryptocurrency.

▌Korean Financial Services Commission: Stablecoins are extremely vulnerable to money laundering

South Korea’s Financial Services Commission (FSC) intends to investigate the proportion of stablecoins used by cryptocurrency exchanges as a means of countering the threat of money laundering in order to prevent money laundering. The FSC’s “Research on Methodology for the Development, Improvement and Application of Risk Assessment Indexes in New Business Sectors” reported that financial authorities consider stablecoins to be highly vulnerable to money laundering.