[Crypto News 18 October 2024]

1) Euroclear Expands into Asia by Investing in Marketnode
Euroclear has made its first investment in Asia by acquiring a stake in Singapore-based Marketnode, aiming to enhance its position in the region's blockchain infrastructure and bolster its fund services. Read more : https://t.co/45tKNAjybL

2) Ireland Pushes for Urgent Crypto Regulations Amid EU Compliance
Ireland's finance minister is drafting urgent crypto laws to implement stricter reporting requirements for exchanges and cash payments, aiming to align with upcoming EU Anti-Money Laundering standards and promote safe innovation in the financial sector. Read more : https://t.co/fUbiztym7S

3) EU Threatens Financial Penalties for Musk's Ventures
The EU is considering significant fines for Elon Musk's companies, particularly X, over potential violations of the Digital Services Act, which could impact their revenues and operational compliance. Read more : https://t.co/AjiQUnI10a

4) Ripple Partners with IRC to Enhance Humanitarian Aid
Ripple has committed $1 million to partner with the International Rescue Committee (IRC) to improve cash relief programs and explore the use of its upcoming stablecoin, RLUSD, for aiding crisis-affected communities. Read more : https://t.co/Lj1cvMnD4o

5) Web3 and Quantum Computing as a Human Right
Dynex co-founder Daniela Herrmann asserts that access to quantum computing is a human right, emphasizing the company's commitment to making this technology available to everyone through a subscription model and supporting those who can't afford it. Read more : https://t.co/nZRLWtqNcT

Disclaimer: The information provided is for informational purposes only and does not constitute financial advice. Please conduct your own research or consult a financial advisor before making any investment decisions.

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