1/ The Crypto Council for Innovation ( @crypto_council ) unveils a whitepaper on an effective #DeFi framework, emphasizing that DeFi's unique risks demand distinct #regulations, not traditional finance ones. 🔄💡

1/ #Cyprus, known for its crypto-friendly stance, is re-evaluating industry regulations. 🇨🇾 The country’s finance ministry ( @MoF_Cyprus ) plans to tweak its Anti-Money Laundering laws to align with global standards set by the FATF ( @FATFNews ) & MONEYVAL report. 🔍

1/ Finance leaders from the @G20org nations are converging in Marrakesh, Morocco, on Oct 12-13 under India's G20 leadership. 🇮🇳🤝

1/ Canadian Securities Administrators ( @CSA_News ) introduces interim guidance on "stablecoin" trading. 🇨🇦 This follows the CSA's stance from Feb 22, 2023 that #stablecoins might be securities and/or derivatives. 🪙

1/ Qatar Financial Centre Regulatory Authority @QFCRA & @QFCAuthority have unveiled a Consultation Paper on the QFC #DigitalAssetsFramework. 📣

1/ At the 2023 Futures Industry Expo, @CFTC Chair Rostin Behnam emphasized the need for clearer #cryptoregulations. 💼📊

𝐘𝐨𝐮𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐕𝐞𝐫𝐢𝐬𝐜𝐨𝐩𝐞 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐑𝐞𝐜𝐚𝐩 𝐢𝐬 𝐡𝐞𝐫𝐞! 🌐 Explore global #crypto regulatory moves! From Brazil's surge 🇧🇷 to U.S. legislation 🇺🇸, uncover the impact on the crypto realm! 🚀 Tap to read 👇🏼

🚀 TODAY'S THE DAY, CHAMELEONS 🚀 Hop onto Discord at 11:00 AM EST 🕚 & let's discuss moderation, NFTs, and brilliant partnership ideas. 🤝 It’s more than a #communitycall, it's a celebration of community ideas. 🎉 Excited to see you all there! 👀 https://t.co/GON88ihjZX

1/ Senator Kirsten Gillibrand @gillibrandny is actively talking to fellow Democrats, aiming to gather support for clearer #cryptolaws amid talks of a #governmentshutdown. 🗣️🔒

1/ Taiwan's Financial Supervisory Commission has released stringent #crypto guidelines. 🇹🇼 It has mandated local platforms to keep company & customer assets separate and establish solid review standards for listing/delisting of #cryptoassets. 🛂💼

🌐 New Veriscope Regulatory Recap! 🌐 Explore crucial #cryptoregulations shaping global landscapes. 🌿 From the EU’s #DAC8 to the UK’s impactful legislations 🇪🇺🇬🇧 delve into regulatory harmonization & its ripple effects on #crypto ecosystems. Details👇🏼

2/ 𝐌𝐢𝐱𝐞𝐝 𝐯𝐢𝐞𝐰𝐬 𝐢𝐧 𝐔.𝐒. 𝐂𝐨𝐧𝐠𝐫𝐞𝐬𝐬 𝐨𝐧 𝐂𝐁𝐃𝐂𝐬 While Rep. Emmer @GOPMajorityWhip fears a CBDC could give the government undue financial oversight, @RepMaxineWaters warns against U.S. lagging in global #CBDC standards.

1/ 🇲🇹 Malta's MFSA @MFSAComm opens public consultation on #cryptorule changes in line with EU's #MiCA regulations.  The deadline is September 29, 2023, and the new rules could take effect by December 2024.

1/ 𝐀𝐮𝐠𝐮𝐬𝐭 𝐰𝐚𝐬 𝐚 𝐰𝐡𝐢𝐫𝐥𝐰𝐢𝐧𝐝 𝐨𝐟 𝐚𝐜𝐭𝐢𝐨𝐧 𝐚𝐭 #𝐒𝐡𝐲𝐟𝐭𝐍𝐞𝐭𝐰𝐨𝐫𝐤. Not only did we evolve as a knowledge hub for #cryptoregulations, but our Product & Engineering were also laser-focused on a game-changing feature: User Signing for Private Wallets.

If you are into #crypto and do not pay attention to hashtag #cryptoregulations, you are on for some big and bad surprises 🤯 Luck favors the prepared! Be one of them and subscribe to @shyftnetwork Veriscope Regulatory Recap 👇🏼

1/ The European Parliament voted in favor of #DAC8, a #cryptocurrency tax reporting rule, that has cleared the last hurdle for implementation. 🗳️ Member states have until Dec. 31, 2025, to adopt the rule, which goes live on Jan. 1, 2026.

The latest #Veriscope Regulatory Recap is out! 🌐 In this edition, we explore: @CFTC plans for the new crypto pilot program. 🇺🇸 Australia's @AuSenate rejects the Digital Assets Bill. 🇦🇺 And more... Tap below for the full scoop 👇

🔍𝐒𝐡𝐲𝐟𝐭 𝐃𝐞𝐯 𝐃𝐞𝐞𝐩 𝐃𝐢𝐯𝐞 - 𝐀𝐮𝐠 𝟐𝟎𝟐𝟑🔍 We have been hard at work on User Signing for Private Wallets to meet #TravelRule compliance. Beta release is in September! 🚀 For the full scoop and what’s next, read our latest dev update 👇🏼

1/ Just ahead of the G20 Summit ( @g20org ), IMF ( @IMFnews ) and FSB ( @FinstbBoard ) released a policy paper today on #cryptoregulations, focusing on financial stability and macroeconomic risks. 📢

Since Sept 1st, #FATFTravelRule compliance has become mandatory for UK-based VASPs (= #crypto businesses). 🇬🇧 Our latest blog post delves into challenges & solutions for seamless, cross-jurisdictional compliance. 📝 Get informed & check the details👇🏼

1/ @FinStbBoard & International Monetary Fund @IMFNews have drafted synthesis papers on crypto asset regulation for #G20 finance representatives. 📣 The official release is set for September 7 🌐

1/ The #CryptoTravelRule comes into force in the UK from today. 🇬🇧 All UK-based #crypto businesses are required to collect & verify transaction details.  If you're a VASP, incoming payments from non-compliant jurisdictions will need a "risk-based assessment." #UKregulations

1/ Continuing with our focus on Veriscope, now we are diving into transaction workflow considerations for VASPs (= #crypto businesses) when it comes to #Travel Rule compliance. So, let's get started. 👀

1/ Continuing our discussion on Veriscope, let's talk about user data exchange post-address Proofs. Shyft Veriscope specializes in secure data-sharing between VASPs (= #crypto businesses). 🔐

What is the Travel Rule Solution exactly, and how does it enable VASPs (= #crypto businesses) to comply with the #FATFTravelRule? If that is what you have been curious about, we got you covered with our latest blog post. Tap 👇

1/ Continuing with our Veriscope campaign, we are diving into the workflow of Shyft Discover, the first half of Shyft Veriscope, today. 🚀🔍

The latest #Veriscope Regulatory Recap is here! 🌐 In this issue, we dive into: UK to enforce the #FATF Travel Rule from Sept 1st. 🇬🇧 New Zealand adopts a wait-and-see approach for #cryptoregulation. 🇳🇿 And more... Tap below 👇

1/ Missed the Veriscope Regulatory Recap? Our AI reporters have summarized the crucial bits for you: #France tightens DASP rules ahead of EU's #MiCA 2024. 🇫🇷 Oman releases consultation paper on #crypto guidelines. 🇴🇲 And more...

1/ Dubai's Virtual Assets Regulatory Authority (VARA) has updated the #Custody Services Rulebook to allow #staking services by custodians.  No separate license is needed for VA Management and Investment Services, but specific VARA approval is required. 🇦🇪📜

1/ 𝐃𝐚𝐲 𝟕: Continuing with our Veriscope campaign, we will discuss Shyft Discover & Veriscope Share - two core components of Shyft Veriscope today. 🌐🛠️

1/ It's time for our monthly special editorial - the Shyft Perspective. This time, we explore Crypto Regulations - The South American Way. Gain insights into the dynamics of South America's #crypto domain, its distinctive challenges & great potential.

1/ #NewZealand's House of Representatives urges caution in #cryptoegulations ⚠️ Its latest report highlights both the potential and the challenges of #digitalassets‼️ The recommendation is for a balanced approach rather than aggressive measures. 🇳🇿💼 👉 https://t.co/89n6Re3ZMn

1/ Starting 1st September 2023, the UK based #crypto businesses must comply with the #FATFTravelRule. It mandates collecting, verifying, and sharing info about #cryptotransfers. 🇬🇧🔒

Our Shyft DAO Community Call is at 11 AM EST! 📣⏰ So, let’s unite and share news and ideas 🌟 Join us on Discord 👉 https://tinyurl.com/5hah9ypp

𝐃𝐞𝐛𝐮𝐧𝐤𝐢𝐧𝐠 #𝐅𝐀𝐓𝐅 𝐓𝐫𝐚𝐯𝐞𝐥 𝐑𝐮𝐥𝐞 𝐌𝐲𝐭𝐡𝐬 🛑 In our latest blog, we are looking into the common misconceptions around the #FATFTravelRule – from tech requirements to P2P transfers and compliance costs. 🔍 #TrustinShyft Read for the facts 👇 https://t.co/JDRj9GrbIn

1/ During a recent @G20org meeting roundtable, leading economic officials advocated for greater global coordination on #cryptoregulations.  IMF Managing Director @KGeorgieva opposed a full #cryptoban, likening crypto to water that will always find a way. 💧🌍

1/ 𝐃𝐚𝐲 𝟔 VASPs (= crypto businesses) must share user data when processing #crypto transactions for their users as per the #FATFTravelRule. However, no universal system exists yet to do this safely. 🌐🔐 https://twitter.com/shyftnetwork/status/1690022935891701760

1/ 𝐃𝐚𝐲 𝟓 Today, we will discuss Address Proofs, another key feature of Shyft Veriscope. 🔍 It ensures VASP’s (= #crypto business’) sensitive user data is sent to the right counterparty while complying with the #TravelRule. https://twitter.com/shyftnetwork/status/1689720991423889409?s=46&t=gTAcikfDUryW5G0RyTjOJw

1/ July saw significant development at Shyft, tech-wise.  Our Product & Engineering team focused on User Signing for private wallets & the enhancement of our Veriscope Infrastructure-as-Code (IaC). 🛠️💼 👉 https://t.co/MtFWsgF00l

📣Hey everyone 📣 The next Community Call we will be hosted on Discord on Friday, August 4th at 11:00 AM EST! 🗓 You won’t want to miss this one! We’ll be blessed by the presence of one of the Co-Founders of Shyft @ArmyofJuan where we’ll get a chance to discuss some updates from the core team as well as the Ambassador Program! 🤩 So, mark your calendars 🗓, set your clock ⏰, and join us this Friday on Discord! 👇🏼 https://discord.com/events/827591371950391317/1136690987113119825

We are excited to share our latest report on the EU's Transfer of Funds Regulation (#TFR) and its implications for #Crypto Asset Service Providers (CASPs). From timelines to compliance obligations, we analyze all key aspects of TFR. We also highlight how #ShyftVeriscope enables #CASPs to comply with TFR seamlessly. Swipe through to discover the must-knows of TFR and join the conversation!

Have you checked out the latest edition of the Shyft Perspective yet? This issue provides a comprehensive analysis of the complex landscape of US #crypto regulations. 🔍🇺🇸 Don't miss out! Tap👇 https://www.shyft.network/newsroom/the-shyft-perspective-a-new-regulatory-summer-for-the-usa

1/ Hello Chameleons, it's time for the 5th edition of The Shyft Perspective! 🚀 And this time, we're checking the US' summer regulatory temperature. A complex landscape where multiple agencies & acts govern #crypto scenarios & their outcomes. 🔍 👇 https://twitter.com/shyftnetwork/status/1683908083909623808?s=46&t=gTAcikfDUryW5G0RyTjOJw

1/ Shyft Perspective's upcoming July edition will delve into the US summer regulatory heat. 🇺🇸 We will examine the complex, multi-layered US #crypto scene, guided by bodies like FinCEN, SEC, and CFTC. ⚙️🏦 https://twitter.com/shyftnetwork/status/1682073211620540426?s=46&t=gTAcikfDUryW5G0RyTjOJw

1/ Yesterday, a pivotal discussion unfolded at an event hosted by @Worldpay_Global & @theflutterwave . Experts, including Shyft Network's co-founder @josephweinberg explored the rapidly evolving payments & crypto landscape in MENA, coinciding with Worldpay's UAE debut. https://twitter.com/shyftnetwork/status/1679575003962941440?s=20

1/ As we approach mid-July, we reflect on what we've achieved in the last 4-5 weeks! 🚀 June was action-packed, filled with breakthroughs, launches, and educational initiatives. We analyzed, wrote about, and discussed six of the latest compliance & privacy major topics.⚡️ https://twitter.com/shyftnetwork/status/1678796891448922112?s=20

Hey, #Chameleons! 🔥 Can you feel that? That's the energy buzzing for our next #CommunityCall! So, clear your schedules, set those alarms, ⏰ and join us today at 11:00 AM EST! 🗓️ Grab your virtual seat now 👇 https://t.co/nUZneCb2fd https://twitter.com/ShyftDAO/status/1677300317979918337?s=20

It's time for the latest Veriscope Regulatory Recap! Dive into key #crypto regulatory strides globally, from the UK's recognition of crypto trading to the EU's bank regulations revision. 🔔 And more... Don't miss out 👇 https://www.shyft.network/newsroom/veriscope-regulatory-recap-19th-june-to-4th-july Please like and rt https://twitter.com/shyftnetwork/status/1676275877447966745?s=20

𝐖𝐫𝐚𝐩𝐩𝐢𝐧𝐠 𝐔𝐩 #𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫𝐒𝐡𝐲𝐟𝐭: 𝐎𝐮𝐫 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 𝐓𝐨𝐠𝐞𝐭𝐡𝐞𝐫 🌍 As we bring our #DiscoverShyft campaign to a close, let's reflect on the milestones we've reached together and how we can continue to strive for a better and safer future! 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐦𝐞𝐧𝐭 𝐢𝐧 𝐏𝐫𝐢𝐯𝐚𝐜𝐲 :man_detective: We've shared how Shyft Network lets YOU control your data, ensuring privacy without compromising ease-of-use. Keep asking questions about your digital rights in the blockchain world! 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐢𝐬 𝐏𝐨𝐰𝐞𝐫 🤝 We've seen the strength in collaborations. From governments to tech partners, our network grows stronger every day. We will continue supporting alliances that bolster data security. 𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐲𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞, 𝐏𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐧𝐠 𝐘𝐨𝐮 🛡️  Remember #ShyftVeriscope? It's a shining example of our commitment to making regulatory #compliance easier and more transparent.  𝐓𝐫𝐮𝐬𝐭 𝐢𝐧 𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐅𝐮𝐭𝐮𝐫𝐞 💫 Our vision? A world where trust is built into every #blockchain interaction. Remember, your trust propels us forward! 𝐎𝐮𝐫 𝐉𝐨𝐮𝐫𝐧𝐞𝐲, 𝐎𝐮𝐫 𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭 :trophy::busts_in_silhouette: Each step we've taken in this campaign has been with you. Your involvement has enriched this journey. Keep engaging with us! 𝐓𝐡𝐞 #𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫𝐒𝐡𝐲𝐟𝐭 𝐂𝐡𝐚𝐩𝐭𝐞𝐫 𝐂𝐥𝐨𝐬𝐞𝐬, 𝐛𝐮𝐭 𝐭𝐡𝐞 𝐒𝐭𝐨𝐫𝐲 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬... :blue_book::hourglass: As we wrap up, remember this is not the end. It's a pause before we start our next chapter. Stay tuned! 𝐘𝐨𝐮𝐫 𝐕𝐨𝐢𝐜𝐞, 𝐎𝐮𝐫 𝐈𝐧𝐬𝐩𝐢𝐫𝐚𝐭𝐢𝐨𝐧 :speaking_head::mega: Your insights and opinions have inspired us every step of the way. Continue to share your thoughts and help us shape the future of digital privacy and security! 𝐎𝐧𝐰𝐚𝐫𝐝𝐬 & 𝐔𝐩𝐰𝐚𝐫𝐝𝐬 :globe_with_meridians::rocket: As we embark on our next adventure, we're excited to continue exploring and innovating toward a safer crypto world for all. Share your experience during the #DiscoverShyft campaign and ideas on how to strengthen trust on the blockchain! https://twitter.com/shyftnetwork/status/1674788547990278148?s=20

Hey #Shyftoshis! 🎉 Gear up for a thrilling #TwitterSpaces chat, "The Shyft Perspective," on June 29th, 12 PM EST! 📅 Our expert panel, Shyft’s Zach Justein and Juan Aguinaco and the well-known Loretta Joseph will discuss new #crypto regulations, FATF Travel Rule & #DeFi impacts. As well as Shyft’s part in all of it!! Join us to explore the future of digital finance together. Mark your calendars! 🗓️ Can't wait to see you all! 💫 Tap below to set a reminder 👇 https://twitter.com/i/spaces/1nAKErLrRdRGL