Hello NWC Fam! Let's take a look at a few highlights together. ✧ According to the United Kingdom’s Financial Conduct Authority, crypto asset firms operating in the country will be required to comply with the Financial Action Task Force’s travel rule starting on Sept. 1, 2023. Crypto asset businesses will be required to take “all reasonable steps” to ensure compliance with the travel rule. ✧ The cybercrime fighting unit within the Philippines National Police has asked residents to be wary of rewards promised by play-to-earn (P2E) games because they can be used to steal crypto assets worth millions of dollars. ✧ Spacex reportedly wrote down the value of its bitcoin holdings by $373 million over the past two years and sold an undisclosed amount of the cryptocurrency. ✧ Dubai will offer subsidized licenses for Web3 and artificial intelligence (AI) companies that want to enter the country. #UK #Philippines #Spacex #Dubai https://x.com/nwcpublic/status/1692871807592783890?s=46&t=Ql4aBQoxgVIaV6_1wnLvhA