📰 French social media influencers, including those influencing the crypto industry, must obtain certifications in the Responsible Influence in Financial Advertising program before advertising a financial product, according to a Sept. 7 press statement. To get the certificate, the influencers must score at least 75% on 25 multiple-choice questions that test their understanding of the rules for financial products. The certificate is only valid for a year, and the influencers must take the test again to renew. The law, which took effect on June 1, mandates influencers to disclose sponsored content on their pages and prohibits them from promoting harmful or unsuitable products and services to their audience.
🔶️ Daily HODL reminder
🔷️ALL KAS fudders are 🤡🤡 who have no credibility, nor should be taken seriously. They secretly stay silent with their $20 Kas purchases when it's pumping, but the second it stops, like flees they appear to say the same thing they've said when it was .001>.07 >.13🛰
🎉 Exciting news! 🎉 Artrade’s marketplace now supports creating NFTs in not just one, but two different cryptos: USDC or SOL.
Artists can embrace SOL’s volatility or opt for USDC’s stability.
This update strengthens our commitment to the Solana community, giving artists more freedom and options.
Join us in exploring the possibilities!
#NFT#CryptoArt#SolanaCommunity
KYC (Know Your Customer) is a procedure in the anti-money laundering due diligence process, including principles and regulations requiring financial institutions (such as banks, exchanges, etc.) to conduct identity verification. and assess their customer risks. This process is intended to prevent fraud and scams such as money laundering.
In the crypto market, KYC is often applied on centralized exchanges (CEX) to collect information and verify users' identities. Depending on the nature of each floor, it will require providing different information, usually portrait photo, ID card number/CCCD, passport, nationality...
El Salvador and Tether launch Visa program for Bitcoin investors
A pathway to #Salvadoran citizenship for #Bitcoin investors, El Salvador and Tether's visa program aims to boost the nation's developing digital economy. The "Adopting El Salvador Freedom Visa Program" introduced by the government and #Tether offers citizenship to those investing substantial capital in Bitcoin or the stablecoin #USDT. Applicants undergo a KYC process, and a non-refundable #USD 999 deposit in Bitcoin or USDT is required. Upon acceptance, the deposit contributes to the $1 million investment needed for the Freedom #Visa and subsequent citizenship. El Salvador aspires to become a technological and innovation center in Central America by encouraging participation in its growing digital economy. Tether's involvement aligns with the country's commitment to mainstream crypto adoption.
Adriana Mira, El Salvador’s Vice Minister of Foreign Affairs, stated: “This collaboration signifies a pivotal milestone in our dedication to economic development and innovation. The ‘Adopting El Salvador Freedom Visa Program” offers an extraordinary opportunity for individuals to actively participate in shaping a prosperous future for our nation.”