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๐๐ผ Exciting news! @Paysafe, a global payments leader with 29 years of expertise, is now a node operator on Polymesh! This partnership highlights Polymesh's unique approach to node operators ๐๐ผ requiring ALL node operators to be licensed/registered financial entities. Polymesh's permissioned infrastructure offers enhanced security and compliance โย a necessity for institutional-grade #RWA tokenization. ๐ฆ #BlockchainNews #CryptoNews #DeFi #Fintech
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๐๐ผ Exciting news! @Paysafe, a global payments leader with 29 years of expertise, is now a node operator on Polymesh! This partnership highlights Polymesh's unique approach to node operators ๐๐ผ requiring ALL node operators to be licensed/registered financial entities. Polymesh's permissioned infrastructure offers enhanced security and compliance โย a necessity for institutional-grade #RWA tokenization. ๐ฆ
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Regulatory momentum is building globallyโnot a conclusive list, but a few notable developments. NORTH AMERICA ๐บ๐ธ US SEC's first Crypto Task Force report coming soon APAC ๐ญ๐ฐ Hong Kong passes #stablecoin licensing regime ๐ฒ๐พ Malaysia pursues consultation on framework for #tokenized capital market products ๐ป๐ณ Vietnam proposes new penalties for #crypto market manipulation ๐น๐ญ Thailand to issue ~5b baht (US$151m) worth of new investment tokens for retail participation in government bonds ๐ต๐ฐ Pakistan endorses new #DigitalAssets Authority for $25B+ market ๐ง๐น Bhutan partners with @Binance and DK Bank to launch a crypto payment system for tourism MENA ๐ฆ๐ช Dubai Virtual Assets Regulatory Authority updates its rulebook EUROPE ๐ซ๐ท France's government to provide security to leading French crypto entrepreneurs ๐ฌ๐ง UK releases guidance on the collection of cryptoasset user and transaction data _ Compliance-first infrastructure is the future ๐
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๐๏ธ Polymesh is heading to Washington, DC! Our CEO, Bill Papp, will be at the prestigious Blockchain Central DC (June 11-13) hosted by @GBBCouncil. This invitation-only event brings together leaders from the public & private sectors during a critical year for digital asset regulation in the US. ๐บ๐ธ Looking forward to key conversations with regulators and industry on compliant #tokenization and #RWA innovation! #BlockchainCentralDC #GBBC
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