Blockchain
NC Global Media’s ‘NC BlockFiesta’ Boosts the Contagious Web3 Craze In Chennai
Chennai, India–(Newsfile Corp. – December 19, 2022) – Dubai-based blockchain media and marketing agency NC Global Media’s “
Rohit Mohan, Founder & CEO of NC Global Media
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Furthermore, Rapogen, one of the passionate metaverse-centric startups, launched their novel hackathon “Amalgamation 2022” at NC BlockFiesta amid the city’s vast web3 community. The launch was headed by their Co-founder and CEO Sriram Venkatesh and the renowned web3 founders along with NC Global Media as the official media partner. Following the evening’s intriguing panel on NFTs and Metaverse, Rapogen also headed a crucial discussion on the “intersection of web2 and web3”.
With a perfect blend of intellect and lively networking, NC Global Media fulfilled NC BlockFiesta’s motto of connecting Chennai’s exuberant web3 community with the industry’s trendsetters.
Chennai’s Web3 Curious Community
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About NC Global Media
NC Global Media is a Dubai-based media and marketing company founded in 2020. The company has established a unique niche in the blockchain industry by collaborating with leading 100+ blockchain clients and firms worldwide. The firm’s mission is to organize the largest blockchain education drive for 1 million+ students in India through the program, NC BlockFiesta.
NC Global Media owns a Google-News-approved online news portal “TheNewsCrypto“, the one-stop portal for up-to-date blockchain news. The news portal educates half a million readers across 150+ global nations with the latest crypto news, exchange news, crypto predictions, and markets of the cryptocurrency and blockchain industry.
Contact Details:
Name: Lokeshk Kumar
Email: [email protected]
Place: Chennai, India
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/148617
Blockchain
Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics
The post Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics appeared first on HIPTHER Alerts.
Blockchain
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Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
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