We are thrilled to announce that @monamhamdy has joined Sino Global Capital as an Advisor. Mona’s background in regulation and policy of new technology in emerging markets complements Sino’s 2022 global expansion plans.
Get to know Sino’s newest advisor:
- Mona is a long-time blockchain advocate, focused on digital asset policy around regulated stablecoin issuance & marketplaces, and widespread implementation of layer 1 protocols in government & institutional infrastructure, with a particular focus on Africa and the Middle East.
- She’s really into ethics. No, really. She is a teaching fellow of applied ethics at Harvard University, where she researches how technology and the human species are co-evolving.
- At Sino she will focus on providing insights for local best-practice, establish benchmarks for diligencing start-ups in emerging markets, and advising portcos and clients on opportunities in regional markets with growing appetite for CBDCs and stablecoin.
- Mona believes that blockchain will eat the world. She seeks out founders and funders from parts of the world the market tends to not see, helping these low-adoption regions create thriving public and private sector solutions on their own terms.
- Mona brings two decades of community engagement around tech adoption – balancing opportunity and autonomy with privacy, anonymity and the digital right to not exist in a secure, transparent, and governed framework.
Blockchain should be inclusive of everyone and we are excited to work with Mona to increase our presence in emerging markets while engaging with regulators to craft forward-thinking policy.
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1/ On January 4, the e-CNY (pilot version) app was launched on Android and Apple App Stores, and is open for download. As of today, the e-CNY wallet app surpassed WeChat and ranked first in China's iOS free APP rankings.
2/ The latest public data from the Central Bank shows that as of October 22, 2021, 140 million e-CNY personal wallets and 10 million enterprise wallets have been opened.
3/ The cumulative number of transactions has reached 150 million, and the transaction volume was close to 62 billion yuan (~$9.7 billion). Currently, 1.55M merchants support e-CNY wallets, covering public utilities, catering services, transportation, shopping, government affairs.
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We are excited to announce that @AltcoinPsycho has joined Sino Global Capital as an Advisor where he will utilize his extensive background in product and entrepreneurship and deep connections within the Cosmos ecosystem to advise on Sino’s ecosystem and investment strategy.
Get to know Sino’s newest advisor:
- Altcoin Psycho is a popular crypto options and algo trader known for his trading and market focused commentary.
- He was an early supporter of the Cosmos ecosystem, running validator infrastructure on the network and is also known for his algo trading bot @ThePsychoBot which is a top-ranked BTC bot on stacked leaderboard.
DISCLAIMER: The regulatory update is based on the news reports by @ndtv and @Sonal_MK They have based their story on the cabinet note that is yet to be presented. The Cabinet is expected to meet next week. They are the only source of information currently.
1. There will be no ban on private cryptocurrencies.
The Indian Govt has chosen to take a middle path in this regard and is a welcome step by the Indian crypto ecosystem.
As Vitalik noted as early as 2013 in the Ethereum whitepaper; “another — arguably more important — part of the Bitcoin experiment is the underlying blockchain technology as a tool of distributed consensus”, with Ethereum providing the framework and turing-complete..