WAO ART #406

Avalanche and Chainlink collaborate on on-chain asset settlement in Australasia. ANZ and Chainlink used the cross-chain interoperability protocol (CCIP) to connect Avalanche and Ethereum networks. ANZ demonstrated how clients can access, trade, and settle tokenized assets across networks and currencies.

LSE plans to accept applications for Bitcoin and Ethereum ETNs from April 8, 2024. FCA approval of base prospectuses is crucial for the launch. Trading of Crypto ETN securities is proposed to begin on May 28, 2024. Issuers must provide necessary information by April 15, 2024, to participate in the launch.

Worldcoin has made its Orb iris scanning technology software open to the public. The move aims to increase transparency and trust in the project. The software is available on GitHub under a dual license. Worldcoin plans to open more software components and support external audits.

Philippines SEC imposes limitations on local users accessing Binance due to concerns about illegal activities. SEC files complaint against Binance for offering investment goods without meeting necessary qualifications.

Argentina will require companies to self-report suspected money laundering and terrorism financing. New rules will bring shell companies and ultimate beneficial owners under compliance requirements. The rules will incorporate parts of the international Financial Action Task Force (FATF) guidelines.

The Nigerian National Security Adviser has launched a manhunt for Nadeem Anjarwalla, the Executive Manager of Binance for the African region. Anjarwalla, who holds British and Kenyan nationalities, escaped from detention while under a 14-day remand order by a Nigerian court.

Coinbase's layer 2 network, Base, saw a spike in fee revenue on March 19 due to increased activity from memecoin traders and arbitrageurs. The spike in activity is unlikely to last, meaning Base's impact on Coinbase's bottom line will not be significant.