Headlines
▌Rishi Sunak, the Next Prime Minister of the United Kingdom, Will Work Hard to Make the United Kingdom a Global Center for Cryptoassets
After other candidates withdrew from the race, British Conservative MP Rishi Sunak will become the next Prime Minister of the United Kingdom. He once said that when he was Chancellor of the Exchequer, he would strive to make the UK a global crypto-asset center.
Policies
▌French Researchers: It Is Time to Start Regulating the Metaverse
A team of researchers commissioned by the French government said leaders should avoid previous mistakes made with the EU’s crypto rules when regulating the metaverse. While the country should not be quick to dismiss the metaverse, a superset of virtual, augmented, and physical reality, it should hasten to try and regulate it, the researchers said in a report published Monday. The document outlines opportunities and challenges the metaverse presents and how France should approach the advent of virtual worlds.
Cryptocurrency
▌Lionel Messi's Salary Package Includes Cryptocurrency
After the Le Parisien newspaper exclusively revealed the contract of Paris Saint-Germain (PSG) star Mbappe and Adrien Chantegrelet, the reporter from the same newspaper, then analyzed the contract of Neymar and Messi. In 2017, Neymar joined Paris for 222 million euros and signed with the team until 2022. The contract is expected to have an annual salary of 36 million euros per season after tax. According to Spanish media reports, Messi’s original contract with Barcelona is expected to be 555 million euros, with a fixed annual salary of about 61 million euros. At PSG, Messi receives an annual salary of about 41 million euros after tax, part of which is paid in cryptocurrency, plus a loyalty bonus.
▌South Korean Regulator Plans to Look at Stablecoins' Role in Money Laundering
South Korea’s Financial Services Commission (FSC) intends to investigate the proportion of stablecoins being used on crypto exchanges to prevent money laundering. The FSC's report said that financial authorities consider stablecoins to be highly susceptible to money laundering.