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Global Crypto Regulations for DeFi Backed by France's Markets Regulator


France's markets watchdog, the Autorité des Marchés Financiers (AMF), said it fully supports globally coordinated, clear regulation for decentralized finance (DeFi) in order to protect users while fostering the novel and innovative sector's growth.  The AMF published its paper on DeFi on Monday...

Louis Vuitton Set to Launch $42,000 Physical-Backed NFT Trunks


French luxury fashion house Louis Vuitton has announced its first non-fungible token (NFT) collection, with each iconic-trunk-turned-digital-collectible coming with a tag of nearly $42,000.  According to Vogue Business, the fashion giant has prepared a collection of phygital "Treasure Trunks"....

Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains


Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability company, and Toki, a cross-chain bridge, to allow...

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