SNARKtor Launch on Mainnet

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Last week, there were a total of 11 investment and financing events in the global blockchain field, with a total scale exceeding $116 million, mainly concentrated in DeFi, infrastructure and tools, and CeFi. Projects such as Sentora, Doppel, and Fuze received significant funding, promoting the development of blockchain technology and applications.

RWA (Real World Asset) projects are increasingly gaining follow in the Web3 space, involving asset tokenization and compliance issues. RWA must be based on real assets, and the compliance layers include sandbox compliance and administrative regulation. Lawyers recommend operating in policy-friendly regions and ensuring the authenticity of assets, exploring pathways for industry compliance while being vigilant about compliance risks and maintaining the importance of the legal framework.

China's tax policy on Virtual Money trading is still unclear, and there is currently a lack of specific regulations. Although there have been individual cases of tax collection, the overall legal status remains ambiguous, and investors should exercise caution regarding potential risks.

Circle went public on the New York Stock Exchange, marking an important milestone in the encryption industry, with USDC's market share reaching 25%. On its first day of trading, the stock price surged by 168.48%, demonstrating market enthusiasm. This event has raised awareness of stablecoins in the TradFi sector, and the stablecoin market is expected to grow further in the future.