THE LATEST CRYPTO NEWS FROM CNS Reddit deploys Gen 3 NFT | Crypto Never Sleeps Broad

THE LATEST CRYPTO NEWS FROM CNS

Reddit deploys Gen 3 NFT avatar contracts on Polygon

Online discussion platform Reddit has deployed the third generation of its blockchain-based digital collectibles dubbed “Reddit Avatars” on the Polygon blockchain, resulting in community members and collectors expressing their thoughts on the much-anticipated drop. 

https://cointelegraph.com/news/reddit-deploys-gen-3-nft-avatar-contracts-on-polygon


Singapore to introduce uniform screening standards for crypto bank accounts

According to a Bloomberg report from April 6, the Monetary Authority of Singapore (MAS) has been working alongside the police forces to help local banks optimize their procedures for opening accounts of digital asset service providers. After half a year of cooperation, its results and conclusions for risk management and due diligence will be published in the next two months.
The potential guidelines will also cover the topics of stablecoins, nonfungible tokens (NFTs) and transferable gaming or streaming credits. At the same time, the banks will reserve the right to make decisions based on guidelines and their own risk assessment

https://cointelegraph.com/news/singapore-to-introduce-uniform-screening-standards-for-crypto-bank-accounts


Binance Australia Derivatives license canceled by securities regulator

The Australian Securities and Investments Commission (ASIC) has canceled the license of Binance Australia Derivatives after a targeted review of Binance’s operations in the country.

https://cointelegraph.com/news/binance-australia-derivatives-license-canceled-by-securities-regulator


Arbitrum poses new governance proposals after community furor

On April 5, Ethereum layer-2 solutions provider Arbitrum posted new Arbitrum Improvement Proposals (AIPs) for the governance of the network.
The new proposals include AIP-1.1, which covers a smart contract lockup schedule, spending, budget and transparency. The other, AIP-1.2, tackles amendments to current founding documents and lowers the proposal threshold from 5 million Arbitrum (ARB) tokens to 1 million ARB “to make governance more accessible.”
In an April 5 tweet, it confirmed the Arbitrum DAO came to a consensus against its first proposal, AIP-1.

https://cointelegraph.com/news/arbitrum-poses-new-governance-proposals-after-community-furor