Glyph Web3 Shots: Smart Contracts on the Rise, Israel Embraces DAOs, and SEC's Caution to Accounting Firms

Sofia Lyateva
July 29, 2023

Smart contracts continue to rise amid market downturn: BNB Chain Q2 report

BNB Chain noted that the rise in verified smart contracts highlights the demand for security, reliability and scalability. Story summary on CoinTelegraph.

Israel Turns to DAOs after Proposing Rules for Stablecoins, Crypto Investments

The country has launched a multi-agency team to spearhead DAO regulation efforts.

Israel has created at least three crypto-related committees since 2017.

Read the full story on Finance Magnates.

SEC cautions accounting firms against accommodating non-compliant crypto clients

Accounting firms may be held accountable for any client's misleading statements regarding audits and transparency. The U.S. Securities and Exchange Commission (SEC) issued a stern warning to accounting firms on July 27, outlining the potential risks and liabilities of serving clients in the rapidly evolving crypto industry. Article on CryptoSlate.



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