Author: trustin Part One: Timeline Review — Establishing Order January: MiCA Fully Enters into Force, European Market Completes "Quality Upgrade" 【Event】The EU's Markets in Crypto-Assets Regulation (MiCA) for electronic money tokens (EMT) and asset-referenced tokens (ART) officially comes into effect. The European Banking Authority (EBA) has delisted more than 15 unlicensed algorithmic stablecoins and offshore USD stablecoins. 【In-Depth Analysis】This is the world's first major economy to complete a "clean-up" of the stablecoin market. The historical mission of algorithmic stablecoins in compliant markets has essentially ended. The market logic has shifted from "efficiency first" to "solvency first." This has also forced global exchanges to upgrade their token listing review mechanisms—without real-time proof of reserves (PoR) and clear legal entities, these assets will lose

1. Introduction: From Regulatory Void to Establishment of a Unified Framework In 2023, the European Union officially launched the landmark Markets in Crypto-Assets Regulation (MiCAR). Against the backdrop of the gradual maturation of global crypto asset regulation, the EU introduced the MiCAR regulatory framework, aiming to establish a unified regulatory framework for crypto assets across the 27 member states of the EU, replacing the previously "fragmented" regulatory practices of individual member states. According to the EU legislative process, MiCAR will be implemented in phases: ·Starting from June 30, 2024, the key terms related to stablecoins (ART and EMT sections) will officially apply; ·Starting from December 30, 2024, the remaining provisions regarding the licensing of Crypto Asset Service Providers (CASP), market manipulation prevention, investor protection, and other terms will come into full effect.

Ethermail introduced its Web3 advertising feature, Stake4Ads. Holders of the EMT token can receive guaranteed ad credits in exchange for staking The Stake4Ads feature by Ethermail allows businesses to allocate a more predictable advertising budget. All holders of EMT tokens can stake the crypto

Altcoins Render, EarthMeta, OCAI, and GTRX show promise in NFT synergy, with innovative solutions and profitable uses for digital tokens. The integration of NFTs with these altcoins is a significant advancement in blockchain's use of higher cryptographic coverage, with huge profitability and flexibility across sectors. This innovation is a direct response to increasing demand for sustainable blockchain applications.

Bitmain, which has been silent for a long time, has caused heated discussions in the circle because of an announcement of delayed payroll, under the bear market, Bitmain, which was once in the limelight, will not be able to bear cash flow? According to Wu Say Blockchain report, a number of Bitmain internal employees confirmed that Bitmain issued a notice: the company's operating cash flow in September has not turned positive, especially the progress of the mine (referring to the mining machine stationed in the mine) is seriously not up to standard, EMT decided to suspend the payment of part of the salary of all employees in September, and pay it according to the situation after the holiday on October 7. A number of employees revealed that all employees' performance wages in September were all deducted, and their basic wages were also deducted by half, and the deducted wages did not know when they would be paid. As of October 8, employees have not received unpaid wages, and the year-end bonus for 2022 has not been paid. Bitmain once monopolized more than seventy percent of the global bitcoin mining machine market share, and then because the two founders Wu Jihan and Zhan Ketuan competed for control of the "internal...