fsi

ChainCatcher news, AWS Amazon Cloud will hold an event themed "Web3 and the Future of FSI: How to Embrace a Trillion-Dollar Market Size Under Compliance Framework" in Hong Kong on the 28th of this month.It is reported that the conference will focus on "The Future of FSI Financial Services," concentrating on cutting-edge technologies such as low latency and data security in the fields of AI, quantitative trading, and DePIn.In addition, AWS will showcase the innovation and expansion of technology for exchanges and Web3 projects. Key guests confirmed to attend include Tang Yi, Executive President of the Hong Kong Blockchain Association, Paolo Chen, Ecological Partner of Victory Securities, Caspar Wong, CEO of Web3labs, and Chris Yu, CEO of Singnaplus.Click the "original link" to register.

ChainCatcher message, Jupiter co-founder meow posted on the X platform stating that operating a sustainable perpetual securities market requires continuous attention from both traders and liquidity providers. Jupiter's mission is to ensure that this is not a zero-sum game, but rather a platform where both parties can collaboratively meet their risk/reward needs. Therefore, Jupiter will not hastily adopt temporary solutions, but will instead pursue comprehensive improvements. Jupiter will collaborate with Chaos Labs, Gauntlet, and Offside Labs to analyze user data to update parameters and address some very tricky technical issues, such as oracles and data latency, and will attempt to solve these comprehensively. Significant improvements will also be introduced in terms of residuals and data enhancements.

ChainCatcher news, according to CoinDesk, a report released by the Financial Stability Institute (FSI) of the Bank for International Settlements (BIS) warns that countries need to harmonize their regulatory frameworks for stablecoins. The FSI was jointly established by the Bank for International Settlements and the Basel Committee on Banking Supervision, with the mission to assist regulatory authorities around the world in strengthening their financial systems.The FSI report states that different jurisdictions have varying definitions and classifications of stablecoins, which may pose risks to financial stability. There are also discrepancies in the disclosure requirements for reserve assets that stablecoin issuers hold to maintain the value of cryptocurrencies relative to their reference currencies. A consistent regulatory framework and its global implementation are crucial for addressing stablecoin risks, preventing regulatory arbitrage, and ensuring a level playing field in the digital asset ecosystem.