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Stepn x Adidas Genesis Sneakers: A New Era in Fitness

The Stepn x Adidas Genesis Sneakers Collection: A Revolutionary Partnership The fusion of the digital and physical worlds is more than a trend; it is a burgeoning reality. The recent collaboration between Stepn and Adidas exemplifies this transformative shift. With the launch of the Genesis Sneakers collection, both companies are poised to redefine the boundaries of fitness, fashion, and technology in lifestyle rewards. This partnership is not only groundbreaking but also sets the stage for future innovations in the ever-evolving landscape of fitness applications and digital assets. A New Era of Phygital Experiences Stepn, a pioneering move-to-earn FitTech app, has taken a bold leap by teaming up with a global powerhouse like Adidas. This collaboration signifies a pivotal moment in the fitness and lifestyle sector, as highlighted by Stepn CEO Shiti Manghani: Phygital Partnership : The merging of physical and digital assets marks a new direction for lifestyle rewards. Enhanced...

Coinbase Critiques U.S. Treasury's Cryptocurrency Mixing Rule: Regulatory Gaps and Solutions

As the U.S. Treasury's proposed rulemaking on cryptocurrency mixing comes under scrutiny, Coinbase has not shied away from expressing its concerns. The company has made it clear that it believes the proposed rules fall short in addressing regulatory gaps, while also placing an undue burden on crypto platforms. Here are some key points raised by Coinbase in response to the proposed rulemaking:

Criticisms of the Proposed Rulemaking:

  • Fails to address regulatory gaps in the cryptocurrency space.
  • Demands excessive amounts of data and resources from crypto platforms.
  • The requirement to report all crypto mixing activities, regardless of legitimacy, is deemed inefficient by Coinbase.

Coinbase's Suggestions:

  • Implementation of a monetary threshold for reporting crypto mixing activities.
  • Focus on assisting exchanges in meeting their existing obligations, rather than enforcing mandatory bulk reporting rules.

By highlighting these issues and proposing alternative solutions, Coinbase aims to promote a more balanced and effective regulatory framework for cryptocurrency mixing activities.

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