ANIVERSE Crypto Daily News_Jan 18, 2023💌

Wednesday, January 18, 2023
ANIVERSE Crypto Daily News💌

1. Thailand’s SEC Issues New Regulations For Crypto Custodians.
-The new regulations will require companies operating in the digital asset space to establish a digital wallet management system. This is to help with the efficient custody of digital assets and to ensure the safety of customers’ assets.

2. Polygon Completes Hard Fork to Reduce Gas-Fee Spikes, Disruptive Reorgs.
-Polygon, an Ethereum scaling project, completed a hard fork designed to reduce instances of spiking gas fees and disruptive chain reorganizations known as “reorgs.”

3. South Korea Launches Metaverse Replica of Seoul.
-South Korea is bringing Seoul to the metaverse, launching a virtual replica of the city with a goal of improving its public services. The virtual world is estimated to be completed by 2026.

4. Solana Foundation, Ripple, GBBC and Others Form Partnership to Promote Crypto Solutions for Climate Change.
-Solana Foundation and blockchain platform Ripple are partnering with industry group Global Blockchain Business Council (GBBC) to accelerate the use of crypto-based solutions for climate change.

5. Crypto Developers Grew in Numbers Amid Bear Market, VC Firm Electric Capital Says.
-Amid a significant drop in crypto prices in 2022, there was an 8% increase in year-to-year growth in full-time developers that worked on different blockchain ecosystems, according to the VC firm’s 2022 Electric Capital Developer Report.

6. French Crypto Companies Must Seek Authorization by 2024 Under New Lawmaker Plans.
-The plans offer more time than a Senate proposal, as the country prepares for a new EU crypto law.

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