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GSC to Participate in One of the Biggest Events in the Gaming Industry – SIGMA ASIA 2023

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Hong Kong, China–(Newsfile Corp. – May 17, 2023) – Global Strategic Consultancy Limited, a leading firm that provides risk advisory and mitigation services pertaining to financial markets, has announced its participation in this year’s SIGMA ASIA event which will be held in Manila, Philippines, Asia’s leading hub for gaming, from 19th to 22nd July.

Global Strategic Consultancy Limited

The event, which would take place at Manila’s largest convention center, SMX Convention Center, will be attended by numerous major players from different industry segments relevant to the gaming industry while also featuring B2B (Business to Business) as well as B2C (Business to Consumer) brand names alongside a number of land-based exhibitors.

Event attendees include payment services firms, gaming operators, online gaming platform operators, FinTech firms, software solution providers, and payments solutions providers amongst many others. Additionally, the event will also feature a number of prominent figures as speakers across a broad industry spectrum.

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Participation in such a major event within the gaming industry would serve as an excellent opportunity for Global Strategic Consultancy Limited to further broaden its network of potential partners amidst the company’s push toward growing its community and presence in the Asia-Pacific region as well as to eventually venture into other industry sectors.

In a statement affirming its participation in SIGMA ASIA 2023, Global Strategic Consultancy Limited stated that, “We are excited and honored to have the opportunity to participate in SIGMA ASIA 2023 alongside some of the most prominent organizations across different industry segments. We are pleased to have such an incredible opportunity to engage with leading organizations to identify ways to foster collaboration, realize expansion and bring about greater benefits for all our stakeholders.”

Media contact:

Company Name: Global Strategic Consultancy Limited

Contact Person: Johnny Lee

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Email: [email protected]

Website: https://gsconsultancy.io

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/166300

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Global Fintech Market Size To Worth USD 1009.10 Billion By 2033 | CAGR Of 14.01%

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Blockchain

Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches

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Sarah Brennan, an accomplished figure in corporate and securities law, serves as General Counsel at Delphi Ventures, focusing on investments in the Web3 space. With over 14 years of experience in securities law and a deep involvement in digital assets since 2017, Brennan also co-leads LeXpunK, a collective dedicated to establishing legal frameworks for decentralized digital communities.

In a candid interview with a prominent cryptocurrency news outlet, Brennan discussed various critical topics. She addressed the emergence of crypto super PACs, funded significantly by major firms like Ripple and Circle, to counter strict SEC regulations. Brennan viewed the SAB 121 bill, backed by the US administration, as potentially isolating the crypto community from broader financial integration.

While acknowledging the influence of centralized entities in advocating for crypto interests, Brennan cautioned against replicating traditional financial hierarchies within the crypto sphere, which contradicts its revolutionary ethos. She expressed concerns about monopolistic scenarios that could dominate the crypto landscape, exerting excessive control over essential industry components and traditional financial operations.

Regarding regulatory challenges, Brennan advocated for tailored regulations to manage systemic risks posed by large centralized crypto institutions. She criticized the current regulatory opacity and inconsistency, which she believes have fostered suboptimal business practices. Through LeXpunK, Brennan endeavors to pioneer experimental legal structures that could redefine regulatory compliance for token issuances, though reception from policymakers has been lukewarm.

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Looking ahead, Brennan emphasizes the need for proactive regulatory approaches using antitrust measures to prevent crypto monopolies, promote decentralization, and target bad actors. However, she highlighted the persistent communication gap between crypto-literate legal advocates and hesitant regulators as a significant obstacle.

Brennan continues to drive forward her mission through new advocacy platforms aimed at shaping the future of cryptographic regulation, navigating complexities to ensure balanced and effective regulatory frameworks in the evolving crypto landscape.

Source: shakirabrasil.info

The post Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches appeared first on HIPTHER Alerts.

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Italy Ramps Up Crypto Oversight in Line with MiCA

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Italy is preparing to strengthen its oversight of cryptocurrency markets to align with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This initiative, initially enacted in 2022, aims to impose stricter monitoring of digital asset markets, particularly targeting insider trading and market manipulation. Under the new decree, fines ranging from 5,000 to 5 million euros ($5,400 to $5.4 million) will be imposed based on the severity of violations, reinforcing compliance and market integrity.

For blockchain firms and decentralized finance (DeFi) protocols, MiCA presents significant challenges. These entities must decide between fully decentralizing their networks or complying with MiCA’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Fully decentralized networks are exempt from reporting requirements but risk non-compliance if they employ foundations or intermediaries moderating communities.

Centralized exchanges like Binance are adapting to MiCA by categorizing stablecoins as authorized or unauthorized, aligning with regulatory requirements without delisting these assets from spot markets. Uphold has similarly adjusted by delisting certain stablecoins for compliance purposes.

Despite regulatory pressures, experts are optimistic about stablecoins’ future. Figures like Jeremy Allaire, CEO of Circle, predict stablecoins could represent 10% of the money supply within a decade. They anticipate widespread adoption driven by benefits such as financial inclusion, lower remittance costs, and seamless cross-border commerce via public blockchains.

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This regulatory framework underscores the transformative potential of stablecoins and blockchain technology within the global financial system.

Source: coinfomania.com

The post Italy Ramps Up Crypto Oversight in Line with MiCA appeared first on HIPTHER Alerts.

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