Shopify May Be the New Go-To Platform for NFT Trading
宏观新闻 General News
El Salvador Bitcoin Law Has Citizens Protesting
Despite a three-month ban on protests to ostensibly prevent the spread of COVID, a group of Salvadorans composed of leftist unions, student associations, and others gathered at the Legislative Assembly yesterday to protest the country’s adoption of Bitcoin as its national currency.
The group, organized by the “Block of Resistance and Popular Rebellion,” used banners and slogans to demand that the so-called Bitcoin Law, which makes BTC legal tender and obligates businesses to accept it, be revoked.
But the protestors, like an estimated 77% of Salvadorans, think it’s a bad idea.
专业发展 Enterprise Development
Shopify Will Let Its Users Sell NFTs in Storefronts
Shopify is an e-commerce platform that allows users to create online storefronts. Traditionally, it has handled physical merchandise, but now it is moving into digital goods with crypto collectibles or NFTs.
Before this feature was added, merchants had to sell NFTs through third-party marketplaces. The new feature, however, will give merchants more control over their relationship with customers in terms of “how and where they want to buy.”
The feature is only available to select customers right now.
FTX Announces Latest Project to Combat Climate Change
The launch of FTX Climate was announced by the exchange on Tuesday and is pitting FTX head-to-head with carbon usage and climate issues.
According to FTX, the initial program will consist of funding research that could have an actual impact on climate change, supporting carbon removal solutions and other special projects to be determined. Finally, FTX stated they are committed to meeting the claim that it will be carbon-neutral by the end of 2021.
FTX climate will spend no less than $1 million annually to help achieve these goals. “We have spent $1,616,000 so far this year with an additional $1,200,000 committed to longer-term initiatives.”
专业分析 Specialist Analysis
UCL Centre for Blockchain Research Associate: Crypto Miners ‘Need More Scrutiny’
Several cryptocurrency and blockchain experts testified in front of elected officials of the US Senate Committee on Banking, Housing and Urban Affairs on Tuesday to lay out the benefits of crypto networks and parts of it that still need to be addressed.
During a meeting called “Cryptocurrencies: What are they good for?” senators heard from Angela Walch, professor at St. Mary’s University School of Law and a research associate at UCL Centre for Blockchain Technologies; Jerry Brito, executive director at non-profit Coin Center; and Marta Belcher, chair of Filecoin Foundation.
法律监管 Policy & Regulations
Binance CEO wants to ‘work with regulators’ as the exchange expands
Changpeng Zhao, the chief executive officer and founder of Binance, has said he wants the major cryptocurrency exchange to work with local regulators as it establishes regional headquarters.
According to a Tuesday report from Reuters, Zhao, also known as CZ, hinted Binance would depart from its decentralized approach to finance and wanted the exchange to coordinate with regulators as the company expands.
“We want to be licensed everywhere,” said CZ. “From now on, we’re going to be a financial institution.”
