I'm happy to share that @FlareNetworks has just been added to the @CoinMarketCap ISO 20022 category.
This reflects a growing recognition that Flare is one of the few networks actually building ISO 20022-style workflows on a top public blockchain, not just using the narrative.
Thanks to the work with @ProofRails, dApps on Flare can turn everyday onchain actions (tips, payments, payout flows) into structured ISO-style receipts and reports that off-chain systems can actually use: accountants, treasuries, and eventually banks and PSPs.
Regulators should look into the exchanges that had most liquidations in the last 24h and conduct a thorough review of fairness of practices. Any of them slowing down to a halt, effectively not allowing people to trade? Were all trades priced correctly and in line with indexes? Whatโs the setup for trade monitoring and AML programs? Are their internal trading teams fully Chinese-walled? $20B in liquidations, a lot of users got hurt. The job of regulatory bodies is to protect the consumers and assure market integrity.