Monat: Januar 2023

• The European Parliament has voted on policies for banks holding digital assets such as Bitcoin and Ethereum.
• Banks with crypto holdings must hold up to 1,250 percent of the amount they hold in crypto assets.
• The recommendations from the Basel Committee On Banking Supervision were taken into account in the policies.

The European Parliament has recently voted in favor of modifications to the Capital Requirements Directive and the Capital Requirements Regulation, allowing banks to hold digital assets such as Bitcoin and Ethereum. The vote by the Parliament’s economic and monetary affairs committee is a major step forward in the use of cryptocurrencies throughout the financial sector.

The new policies stipulate that banks with crypto holdings must hold up to 1,250 percent of the amount they hold in crypto assets. This percentage was determined based on the recommendations of the Basel Committee On Banking Supervision (BCBS). The BCBS’s papers on the subject of crypto assets over the last three years were consulted in order to create the new guidelines.

The BCBS also advised banks on how to address potential risks associated with holding digital assets. Their recommendations were taken into account when creating the new policies, ensuring that banks are able to hold these assets safely and securely.

Caroline Liesegang, a spokesperson for the Association for Financial Markets in Europe (AFME), stated that the Parliament, Commission, and Council should provide a clear definition of what can be considered as crypto assets. This would provide more certainty to banks that are looking to invest in digital currencies.

The new policies will help to open up the crypto market to more investors and provide more opportunities for banks to diversify their portfolios. With the adoption of these new guidelines, the European Parliament is taking a significant step towards embracing digital currencies.

• Terra Classic (LUNC) has received a huge boost following a successful integration with Interchain Station.
• Lead developer Jared has confirmed that the rebranded Terra network will join a list of other blockchains in the Web3 industry.
• The announcement, however, did not have a positive effect on LUNC price on Wednesday.

The Terra Classic (LUNC) blockchain has recently seen a huge boost to its capabilities with the successful integration of the Interchain Station. Lead developer Jared of Terraform Labs has confirmed that the rebranded Terra network will be joining a list of other blockchains in the Web3 industry, such as Osmosis, Juno and SEI. This will allow for seamless communication between different blockchains, as well as the ability for DeFi developers to access oracle data from different chains with ease.

However, the announcement did not have a positive effect on the LUNC price on Wednesday, according to market data provided by Coingecko. The LUNC price is down approximately 2.6 percent in the past 24 hours, trading around $0.00016310. Despite the short-term downturn in price, the impact of the Interchain Station is expected to be long-term on the price of LUNC.

The launch of interchain support was originally planned for January 12, but was delayed due to technical issues. However, Jared surprised the LUNC community by announcing the launch would be taking place within 48 hours of the tweet. The support team for the Interchain Station will be underway in the coming days.

The successful integration of the Interchain Station with LUNC is a major step forward for the Terra Classic (LUNC) blockchain, and will surely bolster its capabilities in the Web3 industry. With the support team on the way, it could be the start of a new era of seamless communication between different blockchains and the unlocking of more potential for DeFi developers.

• Meta Masters Guild (MEMAG) is launching a new mobile gaming guild, developing a high-quality gaming ecosystem and rewarding community members for victories and participation.
• MEMAG tokens are available during the first stage of the presale at $0.007, with 35% of the total token supply allocated to the presale.
• The primary focus of the ecosystem is sustainability, optimizing gamers‘ engagement and giving them the chance to earn reward tokens while playing fun games.

Meta Masters Guild (MEMAG) is a new mobile gaming guild that seeks to revolutionize the play-to-earn gaming industry. The guild is aiming to create a high-quality gaming ecosystem that rewards community members for their victories and participation. At the center of this ecosystem is the native token $MEMAG.

The presale has now opened, with the first stage offering $MEMAG tokens at $0.007. Of the total token supply of 1 billion tokens, 35% is allocated to the presale. Only 10% of the capped supply is allocated to exchange liquidity – this offers investors more access to the tokens during the presale.

The primary focus of the Meta Masters Guild ecosystem is sustainability. This means that gamers will be kept engaged and have the chance to earn more reward tokens by playing the games for extended periods. All the MMG titles hosted on the platform will issue in-game rewards known as Gems. Players can then convert these Gems into $MEMAG tokens and cash them out into the best altcoins such as Ethereum or reinvest them into the ecosystem. It is important to note that players truly own all the in-game assets received as rewards.

Reinvesting options include using the tokens to purchase in-game items such as skins and characters, as well as staking tokens to earn rewards. Players can also use the tokens to participate in tournaments and other events, where they can earn more tokens as rewards.

All in all, Meta Masters Guild is an exciting new venture that is aiming to revolutionize the play-to-earn gaming industry. With the presale now open, investors have the chance to get in early and benefit from the growth of the ecosystem. Through the sustainable gaming platform, gamers will have the chance to have fun while earning reward tokens.

• RINO has launched a free Community Edition of their enterprise-focused Monero Wallet.
• This wallet is powered by multi-signature cryptography, and offers 2FA authentication for greater safety.
• It also allows users to buy and sell XMR directly from the wallet (crypto-crypto and soon, fiat).

RINO, a company dedicated to providing secure, enterprise-focused Monero Wallet solutions, has recently launched a free Community Edition of their wallet, allowing everyone to benefit from some of the unique features they offer. This wallet is powered by multi-signature cryptography, meaning that funds are always securely protected, even if the wallet password is compromised. It also allows users to buy and sell XMR directly from the wallet, both crypto-crypto and soon, fiat.

The RINO team wanted to address the lack of professional tools and custody options for Monero users, which has been a major obstacle to the business adoption of this digital asset. Other coins have long benefited from a range of highly secure custody services offered by companies such as Bitgo, Fireblocks, and Copper.

The Community Edition of the RINO wallet offers a range of features specifically designed to improve safety and convenience. First, it has 2FA authentication, which is essential for keeping funds safe, even if the wallet password is compromised. Secondly, wallets are always instantly synchronized without any waiting time upon connection. Even if users are away from their phone or laptop, they can still receive a notification for each incoming transaction.

The wallet also allows users to buy and sell XMR directly from the wallet at competitive rates, without needing to use an external exchange. This makes it much easier and more secure for users to manage their XMR holdings.

In short, RINO’s launch of a free Community Edition of their enterprise-focused Monero Wallet allows all Monero users to benefit from some of the unique features they offer. Features such as 2FA authentication, fast synchronization, and the ability to buy and sell XMR directly from the wallet, make the RINO wallet a great choice for those looking for a secure and convenient way to manage their XMR holdings.