Discover and read the best of Twitter Threads about #cryptohub

Most recents (2)

1/ 🔹Europe is setting up a bright future of crypto and Web3! Last week the European Parliament approved #MiCA (517-38 in favor) - legislation on cryptocurrency that will bring in new rules for the industry across the 27-country bloc.

👉This is a significant step forward that… twitter.com/i/web/status/1…
2/ đź“ŤMICA provides clarity on the regulatory framework - something that all Web3 businesses are searching for.

Clear guidelines can assist crypto companies in comprehending their responsibilities and making progress toward complying with regulations.

The worse thing for… twitter.com/i/web/status/1…
3/ 📍Protection for consumers - MiCA’s goal is to protect consumers from fraud & scams.

This will improve the trust in digital assets reducing the risk of investors losing money.
Read 7 tweets
UNDERSTANDING DEFI

Evolution has always been one of the ways of surviving. Technology has driven the rate of evolution rapidly such that if you do not adapt to the new change, you may either cease to exist or lag behind.
One of the areas that is fast evolving is the financial market. With the onset of Blockchain and decentralisation, the Cryptocurrency market is fast becoming the new money market.

Because of this change, Centralised Financial Services like Traditional Banks can no longer
keep up with the demands of this market. This led to the creation of Decentralised Financial Services a.k.a. DeFi

What is DeFi?

DeFi is short for “decentralized finance”. It is an umbrella term for Blockchain applications that aim to remove middlemen
Read 9 tweets

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