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BIS-funded regulator to probe DeFi entry points like stablecoins
Despite providing many novel services, DeFi does not differ substantially from traditional finance in its functions, the Financial Stability Board stated.
BIS-funded regulator to probe DeFi entry points like stablecoins](https://cointelegraph.com/news/bis-funded-regulator-to-probe-defi-entry-points-like-stablecoins))
The Financial Stability Board is cooperating with global standard-setting bodies to assess DeFi regulations across multiple jurisdictions.
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It's the talk of the crypto space. So many big shots are talking about it.
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Binance readies checkbook for potential fines from US regulators: Report
The world’s largest crypto exchange wants to resolve outstanding investigations with U.S. regulators.
Binance readies checkbook for potential fines from US regulators: Report](https://cointelegraph.com/news/binance-readies-checkbook-for-potential-fines-from-us-regulators-report))
Binance wants to clean the slate with U.S. regulators and expects to be fined for previous compliance probes and misdemeanors.
Shiba Inu Metaverse Coin: What’s Driving Massive Price Surge
25% price spiked has made the Shiba Inu Coin the biggest gainer among the top 100 cryptos over the past day.
YouTuber baits MMA fighter into secretly shilling fake NFTs for nullK
Coffeezilla, a YouTuber and crypto investigator, revealed that American mixed martial artist Dillon Danis promoted a fake NFT project without disclosing that he received null,000 for the advertisement.
YouTuber baits MMA fighter into secretly shilling fake NFTs for nullK](https://cointelegraph.com/news/youtuber-baits-mma-fighter-into-secretly-shilling-fake-nfts-for-1k))
In the promotion, Danis tweeted out a digital image and a website URL, which according to Coffeezilla, “literally spells out S.C.A.M.”