1/ Shyft's Nea #AI news presenter now has a team of AI-created reporters - Anne, Mark, John, and Jenny - who will cover crypto-related news. 🤖📰 This week, they report on South Dakota's #crypto bill, #SEC Chairman's compliance concerns, and more. 🌐💻 Full video below 👇

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1/ Recently, #ECB raised concerns about the upcoming EU #crypto asset regulations in its blog, citing potential gaps that may allow big players to avoid strict supervision. 😧📉

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Discover the implications of the FATF Travel Rule on Privacy and Data Protection in our latest blog post! 🌐🛡️ Learn about the challenges and solutions for VASPs to strike a balance between compliance and privacy. 💼🔍 👉 Read more here:

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1/ A new #Texas law on #Bitcoin mining, Senate Bill 1751, passed committee and now heads to the full chamber. 🏛️🚨 Its proposed restrictions on grid balancing could significantly impact the local crypto miners. ⚡️🔌📢

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1/ On March 28, Kenyan economist & blogger @AmbokoJH shared alleged screenshots of a crypto bill sponsored by legislator Abraham Kipsang Kirwa. 🇰🇪📲 Source:

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So, what’s this bill all about, and how could it affect Kenya’s crypto ecosystem? Let's look!

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Crypto enthusiasts, draw your seats... The Capital Markets (Amendment) Bill, 2023 sponsored by Mosop Member of Parliament, Hon. Abraham Kipsang Kirwa. In sum, it seeks to incorporate block chain, crypto & digital currencies into the purview of Capital Markets Authority 1/8

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Shyft Dev Deep Dive Monthly - March 2023 is out! 🌟 Explore the latest Shyft-wide features & tech advancements: MTAs, Bloom Filter, and Veriscope IaC. Join our quest to elevate the entire Veriscope ecosystem! More details below👇🏼

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1/ Recently, two Chinese officials advocated for stronger #cryptocurrency regulation worldwide. 🌐🇨🇳 Deputy Governor of People's Bank of China, Xuan Changneng, calls for balancing innovation with respect for existing rules, citing risks & fraud in the #crypto space. #BoaoForum

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Jumpstart your Monday with the Veriscope Regulatory Recap – your source for top #crypto regulatory updates. 🗞️ In this week's edition, we delve into: South Dakota's #crypto bill 🌐 EU's 1k crypto transfer ceiling 💶 And more…👇

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1/ To align with the Kingdom's Economic Recovery Plan, the Central Bank of Bahrain 🇧🇭💸 has updated its #Crypto Assets Module (CRA). Their goal is to drive forward the local crypto market.

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1/ As we say goodbye to March 🗓️, it's time to reflect on our accomplishments 🏆 and set new goals for the upcoming month. 🎯 If ready to join us on this adventure, let us begin! 🚀

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Crypto regulation incoming in Australia! Sen. Bragg has introduced the Digital Assets (Market Regulation) Bill 2023 to introduce a #crypto licensing regime. 🚨🇦🇺 With over 25% of #Aussies owning crypto, this will be an important development to watch. 👇

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1/ As we say goodbye to March 🗓️, it's time to reflect on our accomplishments 🏆 and set new goals for the upcoming month. 🎯 If ready to join us on this adventure, let us begin! 🚀

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1/ Shyft's 🤖 AI news reporter is back! Nea has summarized the latest Veriscope Regulatory Recap, covering the G7 #crypto regulatory recommendations, the proposed bipartisan #Blockchain Regulatory Act, the EU's vote on #MiCA in April & more. Check out both parts👇

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1/ 🚨Breaking news: #SEC chief Gary Gensler is scheduled to testify before the House Financial Services Committee for the first time on April 18! 🎙️💼 So, what's on the agenda? 🎯

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1/ Hey, Shyft community! 🎉 This week, we've gathered some of the most frequently asked questions from our community and are sharing the answers from the @shyftnetwork team in this Twitter thread! 🧵 So, let's get the ball rolling! 🏀

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Don’t let Monday get you down! Start your week with Veriscope Regulatory Recap. 🎉 Here’s what we covered: Illinois’ proposed #crypto bill ✅ A Federal Judge taking on the #SEC over current regulatory uncertainty ✅ And more… Tap 👇

www.shyft.network

Want to understand the #FATF Travel Rule better? 🤔 Look no further! We answer the most Googled questions on the FATF Travel Rule, its impact on the #crypto industry, and more in our latest blog post! More details below👇

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Big news! 📢 Shyft Veriscope is thrilled to announce a partnership with modular crypto AML service provider Sygna! 🤝 Shyft - Sygna alliance is a key milestone in crypto Travel Rule #interoperability & #compliance 💡 More details below 👇

www.shyft.network

1/ Busy week💡 Did you miss our latest Veriscope Regulatory Recap? Worry not! Our AI News Reporter, Nea, has got you covered. 👌 Check out both parts of the video below. 👇

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It’s month-end, and this means it's time for Shyft Dev Deep Dive. 👀 Here’s what we have covered: Support for Multiple Trust Anchors ✅ Veriscope Infrastructure as Code ✅ Enabling VASPs to Upload Deposit Addresses ✅ And more… 🔋 Tap 👇

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With the growing status of the #crypto industry and the global push to regulate the nascent market, it’s crucial to preserve privacy and user experience. ⚖️ It’s the only key to global mass adoption! 🔑 To learn more, check out our blog post 👇

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1/ Hello Shyftoshis! 👋 With February near its end, it’s time for our monthly overview. 👀 So, let’s review what we achieved this month and also set new goals for the next. 🎯 Here we go! 💨

1/ The US Fed 🇺🇲 has warned banks about liquidity risks from crypto-asset-related entities. A few other regulators also agreed with these warnings, such as the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency. 🚥

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1/ The Financial Action Task Force (FATF) 🚨wants to drive the “timely implementation” of its global crypto standards. 📜 FATF, the global money-laundering & financial crimes watchdog 👮has noted that many countries have failed to comply with its norms so far. ❌

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RT @ShyftDAO: Attention Shyftoshis 🥁 We are officially launching the Shyft Ambassador Program 🌟 Are you ready for this epic journey? 🙌🏼 ✨…

Monday is in! So are you ready for the Veriscope Regulatory Recap? Here’s what we covered this week: FATF calls for global adoption of the Travel Rule ✅ Hong Kong 🇭🇰 set to legalize retail crypto trading ✅ And more... More details below👇

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1/ US Congressman proposes bill to stop Federal Reserve from creating American CBDC 🛑 The Republican Tom Emmer believes that CBDCs can become a surveillance tool 🔍 and asked the Fed Reserve’s CBDC projects to come out clean in front of Congress and the people 🇺🇸

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The Financial Stability Board (#FSB) has an outline ready to address the key threats to global financial stability this year. 🔍 It includes: - Crypto assets ✅ - Decentralized Finance ✅ - Stablecoins ✅ Having conducted its research, FSB believes many existing #stablecoins might not meet its high-level recommendations. 🚧 According to the FSB chair, #crypto regulations will have their foundation on the principle of: Same activity ✅ Same risk ✅ Same regulation ✅ The final recommendations for regulatory and supervisory approaches to #crypto assets and #stablecoins will come in July. 🗓️ And it will have recommendations for standard-setting bodies. 🚨 The setting up will be closely monitored. 🔍

1/ The California Department of Financial Protection and Innovation (DFPI) has initiated a #crypto scam tracker 🖲️ It is essentially a database to learn more about crypto-specific complaints launched with the DFPI 🖥️

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With $20 billion going to illicit addresses in 2022, preventing the commingling of clean & illicit funds in #DeFi is critical 💰💸🚫 Is commingling of funds preventable, and how can compliant DeFi lead the way? 👀 Check out our latest blog👇

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1/ Canada 🇨🇦 has asked the #crypto exchanges to submit a pre-registration understanding with the securities regulator, Canadian Securities Administrators. 🕵️ They have 30 days to make the submission! 🗓️

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1/ Hey there Shyftoshis! 👋 It's time for 2023's first Shyft Office Hours, and we will be hosting it on Shyft Discord. 🥁🥁🥁 Tune in at 12:00 PM EST 🕛 on Feb 24th! 🗓 Join us on Discord if you haven't yet 👉

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1/ The Financial Stability Board (#FSB) has an outline ready to address the key threats to global financial stability this year. 🔍 It includes: - Crypto assets ✅️ - Decentralized Finance ✅️ - Stablecoins ✅️

1/ Recently, we reported how South Korea 🇰🇷 had ordered the country's top 5 #crypto exchanges to delist and classify tokens that are securities.

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However, at that time, it did not clarify what constitutes security & what doesn't! The South Korean SFC 🇰🇷 has instructed 5 major #crypto exchanges to delist and classify digital assets that are similar to securities. It seeks to restructure how fractional investment items and security tokens are issued and distributed. Tap👇

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1/ Did you miss our Veriscope Regulatory Recap this week? 👀 Worry not! We bring you the video version of our recap. And with this, we introduce you to Nea, our #AI news reporter. 🤖🌟 Part 1.

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1/ Hong Kong’s Securities and Futures Commission recently launched a consultation paper to regulate crypto exchanges. 📢 And it is currently open for public comments, with March 31st being the deadline. 🗓️

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1/ #EU 🇪🇺 calls to speed up the development process for #crypto holding rules for banks! 📜 This comes at a time when banks are showing increasing interest in entering the #crypto space. A European Commission informal discussion paper 📜 accessed by Reuters confirms the same!

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RT @ShyftDAO: Only a few days left of the Shyft DAO Ambassador Program's pre-launch! ⌛ So far this week, there's two tasks with prizes up…

RT @ShyftDAO: Seeing what's happening in the crypto space lately? 👀 If you noticed, you can participate in our upcoming Ambassador Program…

Don't let Monday blues get you down - Start your week with our Veriscope Regulatory Recap. 📜 What's covered this week: New Jersey creates New York-like #crypto framework ✅️ Indian FM calls for global collaboration on crypto ✅️ And more… Tap 👇

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1/Oman's financial markets regulator has plans to establish a new crypto regulatory framework in the Sultanate. 🇴🇲 It will implement measures against market abuse through: Strong surveillance ✅ Enforcement mechanisms ✅

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1/ Indian Finance Minister answered crypto-related questions in the Parliament recently. There are no specific regulations for the #crypto and #web3 sectors in the county yet, she clarified in one of her responses. 🇮🇳

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RT @ShyftDAO: 🚨 Reminder 🚨 Shyft Ambassador Program pre-launch applications are now open💫 #ShyftAmbassador #PreLaunch All entries will e…

1/ In a recent interview, Tobias Andrian, the Director of Monetary & Capital Markets at the #IMF, argued that there is a fundamental conflict between conventional banking regulation techniques & the #crypto sector. ⚡️

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1/ Recently, the United States SEC Chairman, Gary Gensler, has suggested amendments to the existing custody rules to cover all cryptocurrencies. 🔒 This step, Gensler believes, will help heighten the levels of customer funds security. 💰

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RT @ShyftDAO: 1/ 🚨 Reminder 🚨 Applications to the Shyft DAO Ambassador Program pre-launch are open 🌟 Attention‼️ You must join Shyft Disco…

1/ Having opened its first-of-its-kind #Bitcoin embassy in Switzerland 🇨🇭, El Salvador 🇸🇻 is now planning to open the second one‼️ And this time, it has zeroed in on Texas, USA. 🔎🇺🇸

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1/ Financial Stability Board, which is a part of #G20, has announced its plans to keep a tab on the #DeFi landscape. 🔭 The G20 watchdog cited the #FTX collapse as an example of setbacks it plans to tackle.

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The #crypto market cap has surpassed a trillion dollars from a miniscule figure a decade back. 📈 With this increase, so did the risk of fraudulent and malicious activities! ☠️ Is #AML & #KYC compliance the only way to deal with them? Read more 👇

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RT @ShyftDAO: 🥁 The day is finally here! The Shyft DAO Ambassador Program pre-launch applications are now open. 💥🎉 Apply today to get an o…