Coinbase has been authorized by the New York State Department of Financial Services (NYDFS) to engage in virtual currency business activities.

Perhaps influenced by this news, the U.S. stock market (SOS) surged 47.19% at the opening.

According to the official announcement, Tether announced that it will stop supporting its euro stablecoin EUR₮ and will stop processing new minting requests in 2022. Existing EUR₮ users must complete the redemption operation before November 27, 2025.

November 27, 2024 22:30 (GMT+8): MORPHOUSDT perpetual contract; November 27, 2024 22:45 (GMT+8): CHILLGUYUSDT perpetual contract.

Partior, a blockchain-based real-time clearing and settlement fintech company, plans to expand its cross-border settlement capabilities and develop features such as instant foreign exchange swaps and multi-bank payments with the support of Deutsche Bank. Deutsche Bank will join its platform as a euro and dollar settlement bank and strengthen the capabilities of its recently launched dbX cross-border payment ecosystem.

With strategic investment from Binance in September, OpenEden has taken an innovative path in the RWA field. It focuses on the U.S. Treasury bond on-chain and opens up new paths for investors. Its product OpenEden TBill Vault allows USDC holders to easily participate in U.S. Treasury bond investment; with the support of Moody's "A" rating, the TVL exceeds 125 million US dollars and attracts many institutional clients. How it will shine in the RWA market after Binance's investment is worthy of investors' attention.

Whether you have been in the industry for the past few years or not, you may have overlooked that cryptocurrency is actually becoming a consumer product. It creates a new medium that allows people to consume in the era of the dopamine economy where attention is fragmented and its value is somewhat fleeting.

According to CoinDesk, Japanese social media giant Line plans to launch 30 blockchain-based mini Dapps (decentralized applications) early next year, covering games, social, DeFi and AI chat functions, and plans to expand the total number to 150 by the end of the first quarter.

In recent years, with the rapid development of blockchain technology, more and more entrepreneurs have turned to the Web3 field, trying to find opportunities in this blue ocean. However, for domestic Web3 entrepreneurs, in order to open up a sustainable development path in the gap between policies and market environment, they need to solve not only the problems related to the business content itself, but also the complex legal compliance challenges. This article summarizes the more frequent legal issues that Lawyer Shao will be asked in daily work, hoping to provide some ideas or inspiration for Web3 entrepreneurs.

Steadily advance the digital RMB pilot, continuously improve the digital RMB acceptance environment, and enrich the digital RMB usage scenarios.

Starting from 20:15 today, Binance will launch THE 1-75x U-based perpetual contract.