The SEC Releases Compliance Notice on Future Crypto Regulations
The U.S. Securities and Exchange Commission (SEC) published the framework in which the agency will examine digital asset investments. Demanding regulatory compliance across areas ranging from custody, bookkeeping, registration requirements to conflicts of interest protocols, the SEC has made it clear to major broker-dealers and investment advisers that digital assets will face similar levels of scrutiny as traditional securities.
Flare Brings Ethereum Compatibility to Stellar
Flare Networks will integrate Stellar Lumens (XLM) with its smart contract platform, thereby offering compatibility with the Ethereum blockchain. Users will be able to create XLM-backed tokens and use those tokens with Ethereum-based DeFi projects. While Stellar already supports native smart contracts, its own contracts are not compatible with the Ethereum Virtual Machine. Flare Networks has previously announced integration with XRP, Litecoin, and Dogecoin.
* The views expressed herein are those of the author and should not be attributed to the International Monetary Fund, its Executive Board or its management.
