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Shyft Network

@shyftnetwork

Apr 18

@CNBC

1/ UK Treasury's A. Griffith 🇬🇧 tells @CNBC UK's #cryptore gulations are coming soon. ⏳🔒

He reminded that post-#Brexit, UK controls rulebook 📖✊, aiming for agility & balance. ⚖️

@CNBC

@CNBC 2/ In Feb, the #UK gov outlined proposed crypto rules 📃 for the turbulent industry. 💨📉

One of its key proposals was to get FCA-registered firms 🏦 to apply for a new FSMA-based regime. 🔐🔧

@CNBC

@CNBC 3/ Compared to the #UK 🇬🇧, the US 🇺🇸 has adopted a heavy-handed 🥊💪 approach to #cryptocurrency.

This raises Q: will UK's balance encourage innovation & adoption, or will the US's strictness prevail? 🤔

What do you think? Comment below 👇

Read 4 tweets

Shyft Network

@shyftnetwork

Jan 31

1/ Hello Shyftoshis! We're thrilled to announce our first 2023 monthly overview 🎉

Join us as we review our progress and set the tone for a productive new month 💪

From dev integrations and updates to community campaigns, it is a productive start to the year 🚀🌟

2/ Knowledge is power 💡 We keep educating our community and publish 30 blogs on:

CBDCs ✅️

China 🇨🇳 tinyurl.com/China-CBDC

India 🇮🇳 tinyurl.com/India-CBDC

Australia 🇦🇺 tinyurl.com/Australia-CBDC

Norway 🇳🇴 tinyurl.com/Norway-CBDC

+ more👉 medium.com/shyft-network

3/ We extensively follow the crypto regulations and their impact on user privacy in our Weekly Veriscope Regulatory Recap!

We analyzed:

Crypto Winter❄️ tinyurl.com/Regulators-Cry…

HK eyes on regional crypto hub 👀 tinyurl.com/Hong-Kong-Cryp…

Subscribe 👉shyft-network.beehiiv.com/subscribe

Read 8 tweets

Shyft Network

@shyftnetwork

Jan 30

1/ We have reached part-7 of the Shyft Office Hours Wrap-up Recap series.

And now, we move into the Q&A session that was conducted near the end of the Office Hours. 🎤

So, let's dive straight into it. 👀

@josephweinberg

2/ Question: In light of the current slow adoption of the FATF Travel Rule, what can Shyft Veriscope do to accelerate its adoption by #VASPs⁉️

@josephweinberg: Pushing Travel Rule adoption in a way that would prove to be negative for the #crypto ecosystem is a big NO for me❗️

@josephweinberg

@josephweinberg 3/ Instead, the preferred approach would be a more stable & safe one.

After all, the impact would be considerably big. 💡

How big? 🤔

5X-10X more in magnitude in terms of daily data transmission on Shyft❗️

Read 9 tweets

Shyft Network

@shyftnetwork

Dec 26, 2022

1/ Part-7(2)

We covered Veriscope installation in the previous Twitter🧵 & it's time to learn about the testing & onboarding processes.

So, let's dive straight into it 👀

2/ First, we will focus on the testing aspect:

There are two ways of testing the Veriscope API! These are :

Postman Collection ✅
Sandbox Environment ✅

Note: The testing stage will come only after downloading Veriscope 💡

3/ To begin testing, VASPs (read = crypto businesses) must log in to the Web application after downloading Veriscope.

And then, VASPs can choose either the Postman Collection or Sandbox Environment to conduct testing.

Read 10 tweets

Shyft Network

@shyftnetwork

Dec 24, 2022

1/ We have reached the 7th part of the Veriscope campaign. This is also the last of the campaign.

And today, we will give you an end-to-end walkthrough on how VASPs can install, test, and get onboarded onto Veriscope. 👀

2/ But for now, we will only look into the installation part. Let’s start.

We must visit the Veriscope Github repo to begin the Veriscope installation process 👇

docs.veriscope.network/docs/3.0.0/ins…

The repo consists of a complete installer with components to download Veriscope.

3/ The first thing VASPs (read: crypto businesses) need now is access to a server.

However, the server must:

Be connected to specific internet ports. ✅

Have a domain name system (DNS) pointed towards it to translate the domain name into a machine-readable format. ✅