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🍰 SHIBA BLOW UP 🍰 |🔥 Launched an hour Ago | Low MarketCap 📉 | Influencers Proposals
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PYTH is the native token for Python, the only Oracle on Solana right now (think ChainLink for Solana) JTO is a liquid staking platform (think Lido) MarginFi doesn't have a token yet but likely will soon. It also has its own liquid staking token, but also offers borrowing and lending Jupiter is releasing a token shortly (JUP), it's a DEX aggregator that routes swaps through a combination of Solana DEXs to offer the best pricing and lowest slippage. A few days ago it actually had higher 24h volume than Uniswap Hot memes right now are BONK and WIF Smallcap play that I like is SCS (SolCasino) if you want a gambling narrative
I like gambling and gaming so have some smaller and microcaps there: Gambling: Rollbit (RLB), WINR, SCS (SolCasino) Gaming: Immutable X (IMX), Echelon Prime (PRIME) Also have some other microcaps from last cycle I still believe in if they can pivot well, notably Syntropy (NOIA)
tldr; The relevant text of the article is: "Singapore’s central bank believes that three business days is a 'timely transfer' for single-currency stablecoins (SCS), which is similar to transfer speed requirements for domestic money transfers." Summary: The Monetary Authority of Singapore (MAS) has released its regulatory framework for stablecoins, stating that three business days is considered a timely transfer for single-currency stablecoins. MAS believes that although stablecoin transfers are done on a blockchain, different blockchain infrastructures may have varying service standards, which is why three business days is deemed appropriate. MAS also stated that redeeming stablecoins back to fiat will be given five business days. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
>On Aug. 15, the Monetary Authority of Singapore (MAS) released its regulatory framework for stablecoins in the city-state. In the newly-published guidelines, the financial regulator highlighted that it would consider three business days as a timely transfer for SCS despite some feedback calling for a shorter time frame.
Seems pretty reasonable: > The framework outlines several requirements for stablecoin issuers including redemption timelines, disclosures, reserve management and capital requirements, per MAS: - Value stability: Reserve assets will be subject to requirements relating to their composition, valuation, custody and audit, to give a high degree of assurance of value stability. - Capital: Stablecoin issuers must maintain minimum base capital and liquid assets to reduce the risk of insolvency and enable an orderly wind-down of business if necessary. - Redemption at Par: Issuers must return the par value of the stablecoins to holders within five business days from a redemption request. - Disclosure: Issuers must provide appropriate disclosures to users, including information on the SCS’ value stabilizing mechanism, rights of SCS holders, as well as the audit results of reserve assets.
SCS is literally state sanctioned virtue signalling.
I thought the SCS was to control government spending
Sure, bitcoin may disrupt power but vaccine passports and SCS has nothing to do with it.
That was not nonsense?? They only said that it wasn’t full blown SCS only because the coordination was bad and the tech wasn’t totally finished. Your a fool if you think that this is not gonna evolve to a full nationwide working SCS
Absolutely no SAFE, CUM, MOON, DOGE in it Mine would be SCS or Sanctum Sempra from harry potter lol
You don’t own the SCS. Defense has nothing to do with it. But strategic control of a primary shipping lane does. There are hundreds of reports of the human rights atrocities coming out of China. Not just the Uighurs, but threats against Christians, etc. Re-education camps? Same excuse given about Auschwitz in 1940. Thanks for proving my point. You can excuse yourself now, the CCP can suck it.
Lololol! Yeah, FBI smuggled the disease to Wuhan, that’s why the breakout started there. You really are a rocket scientist. The South China Sea doesn’t belong to China. International law states national maritime borders only extent 12 nm into the ocean from the coast. Creating artificial islands to expand your border and control of the SCS isn’t legal, and you can mind your own business and stick to international maritime law. Your claim on Uhighurs? Laughable. Talk about empty retorts. https://nypost.com/2020/09/24/china-expanded-uighur-internment-camps-despite-denial-research/ Your denial is as empty as a windsock.
Maybe? I don't think so. This is from the bottom of that first link. "SCS Global Services provides two types of certification to recognize your achievements: Recycled Content Certification - The SCS Recycled Content Certification evaluates products made from pre-consumer or post-consumer material diverted from the waste stream. Certification measures the percentage of recycled content for the purpose of making an accurate claim in the marketplace. Recycling Program Certification - The SCS Recycling Program Certification helps recyclers and reclamation facilities make credible claims about their diversion strategies and re "