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Announcing The Next GambleFi Token That Could Become The Next $RLB

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An innovative new online casino is gearing up to transform the GambleFi landscape. With an array of classic games using provably fair mechanisms, multi-chain integration, and exclusive investment opportunities, Betix brings a new spin to online gaming.

As the crypto gambling industry continues its meteoric rise, Betix enters the scene ready to provide players with a secure and community-focused gambling platform. Much like the runaway success of Rollbit demonstrated the potential of melding DeFi and gaming, Betix leverages novel technology for secure, entertaining, and rewarding experiences for players globally. And with the great upside the GambleFi industry is currently experiencing, now is the best time to invest.

However, Betix propels the concept of an online casino further. Through a balance of traditional casino entertainment and Web3, Betix brings smooth gameplay and digital assets together seamlessly like Rollbit, Betix employs the provably fair model for random game outcomes.

But games are only one facet of the novel platform. The team has crafted two additional avenues for users to engage with and share in Betix’s success: $BETX and the Wealth Circle.

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The $BETX token gives access to exclusive features like jackpot prizes and mystery crypto chests. With a deflationary model driving value growth through scarcity and buybacks-and-burns, $BETX offers crypto enthusiasts exposure to a unique entertainment token, with tokenomics more focused on community building and long-term value than other popular Gamblefi tokens.

For supporters seeking a direct stake in Betix, the Wealth Circle investment program enables sharing a portion of the platform’s profits. With three tiers catering to different budgets, anyone can buy into the upside potential of this venture. This is where Betix truly differs from platforms like Rollbit, bringing real-world utility and benefit through an accessible revenue-sharing model.

As flagship games like Roulette and Raffle Arena take shape, and backed by sophisticated technology, rewarding tokenomics, and a community-focused design, Betix is preparing for a memorable upcoming launch.

The seed sale, which will be the first of two seed raise and sale phases, goes live from the 30th of January to the 6th of February 2024, and offers prime access to the $BETX token for early adopters. Meanwhile, the Wealth Circle whitelist spots remain limited, and the prelaunch rewards campaign gives access to additional prizes and allocations for a short time. Don’t miss the opportunity to participate in the inception of the next upcoming platform in GambleFi.

Source: ChainWire

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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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