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Gate.io Blog Daily Flash | STEPN announced to check the accounts in Chinese Mainland_ The Central Provident Fund Board of Singapore proposes to include NFTs in the diversified portfolio

Daily Flash | STEPN announced to check the accounts in Chinese Mainland_ The Central Provident Fund Board of Singapore proposes to include NFTs in the diversified portfolio

27 May 12:42



Today's Topic - STEPN announced to check the accounts in Chinese Mainland and will stop providing relevant services


On May 27, STEPN, a "Move to Earn" application, released an Announcement on Checking Accounts in the Chinese Mainland on social media. According to the announcement, in order to actively respond to relevant regulatory policies, STEPN will check accounts in the Chinese Mainland. If STEPN discovers the users in the Chinese Mainland, STEPN will stop providing GPS and IP location services for their accounts according to the terms of use at 24:00 on July 15, 2022 (UTC+8).

If users expect to login and use their account at the GPS or IP location in the region for a long time, the official encourages users to make their own decisions to deal with the assets in the application. During this period, users will be notified of more details through official social media announcements, emails, in app prompts, etc.

As of the time of writing, GMT price is $0.85, down 37.6% in 24 hours.



Today's Chart - Singapore Central Provident Fund Board proposes to include NFTs in diversified portfolio



On May 27, according to the official information of the Singapore Central Provident Fund Board (CPFB), it recommended that NFTs be part of a diversified portfolio.

It is reported that Singapore's Central Provident Fund (CPF) is managed by the Singapore Central Provident Fund Board, with current assets of $519 billion.




Today's Influencer - ECB President Christine Lagarde says her son has invested in cryptocurrency


On May 27, Christine Lagarde, President of the European Central Bank, revealed in a program that her son still chose to invest in cryptocurrencies despite repeated dissuasions.

However, Lagarde did not specify the type of cryptocurrency her son invested in. She revealed that she would "very carefully" pay attention to the matter, but would not intervene, because her son was a "free man" and did not need to listen to her suggestions on investing in cryptocurrency.

Earlier, Lagarde said that Bitcoin is a highly speculative asset. If someone is ready to lose everything, they can invest in Bitcoin.



Hot events yesterday - #Digital assets become the preferred asset category; #If the Federal Reserve does not actively raise interest rates, the stock market may collapse



JPMorgan Chase: digital assets have replaced real estate as our "preferred asset category"



Davos host survey found that more than two-thirds of people are optimistic about the metaverse



"LOVE DEATH + ROBOTS" released the third season, launching NFTs treasure hunt game



Billackman: unless the Federal Reserve actively raises interest rates, the stock market may collapse



Portugal's parliament voted two bills to tax cryptocurrency



Author: Gate.io Researcher Byron B. Translator: Joy Z.
* This article represents only the views of the researcher and does not constitute any investment advice.*Gate.io reserves all rights to this article. Reposting the article will be permitted provided Gate.io is referenced. In all other cases, legal action will be taken due to copyright infringement.
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