Current crypto news for July 5
Information about regulation, changes in the policy and functionality of exchanges, news about stablecoins, mining and NFT/Web3 from CoinShark journalists.
The EU will introduce mandatory AML verification for users of NFT platforms. So decided the deputies of the European Parliament, emphasizing that the rules are common to everyone, regardless of whether the project is a DAO or DeFi.
Argentine exchanges recorded a record number of transactions with stablecoins from July 1 to July 3. The main demand came from USDT and DAI. Investments in them only on Buenbit rose by 300%. This is happening against the backdrop of rising inflation. In May, this figure was 60%.
Polium plans to release an NFT/Web3 gaming console to support games on different blockchains. Polium One will be released in 2025. Experts treat this plan with great skepticism.
Intel has announced that it has begun deliveries of the Blockscale ASIC chip for bitcoin mining to selected customers. It outperforms competitors by 15%. The first customers were HIVE Blockchain Technologies, Argo Blockchain, GRIID Infrastructure and Block.
Tencent Holdings, Baidu, JD.com, Ant Group, the fintech affiliate of Alibaba Group Holding, will introduce KYC for buyers of non-fungible tokens.
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