Blockchain
Asia’s First Physical Metaverse-Themed Web3, NFT and Crypto Conference Happening In Singapore
The first ever metaverse-themed blockchain & web3 conference will be held on 28th July 2022 in one of Asia’s most prominent club; Zouk Singapore. The conference titled THE WEB3 CON will showcase and feature promising start-ups, established organisations and investors within the Blockchain, Crypto, NFT and Metaverse industry under one roof in a futuristic neon-lights and glitz set up. The conference event is organised by Asia’s leading blockchain accelerator AsiaTokenFund Group and its partners Morpheus Labs, Block Tides, AC Capital, and Reactify all of which are leading web3 players in Asia and the US.
For the first time in Asia, the blockchain event will be housed in a two-floor, three club-hall venues all under one roof in the iconic Zouk building located in Clarke Quay, Singapore. The location was carefully selected to fully embody the meaning of metaverse and web3 – futuristic, innovative and ground breaking.
“We want to move away from the traditional and dull conferences done in ballrooms as it doesn’t really bring out the true definition of metaverse. At this venue, attendees can relax, enjoy the lights, do some work, have fun and learn something new with superb light show and entertainment lined up. It’s truly going to be a conference like no other,” said Ken Nizam – Founder if Asia Token Fund Group, Organiser of The Web3 Con 2022.
“We’ve been waiting for the right event to speak at just before Coinweb ships it’s first product in a bid to prove the platform is not just another science project that doesn’t leave the lab, and Web3 Conference is the right fit for us to join at, being held in the epicentre of South East Asia’s tech hub,” said Toby Gilbert, CEO of Coinweb, one of the key speakers of the event.
Other prominent Key Speakers, exhibitors and partners includes Huawei, Binance, Chainalysis, Kucoin Labs, ChainUp, GEMS, Sleep Future, Anotoys Collectiverse, PLAYGROUND and many more.
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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
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