News Snapshot:
Conflux Network, a permissionless blockchain project which is endorsed by the Chinese state , told Cointelegraph on Sept. 22 that the project has officially launched its Tree Graph Research Institute with the Shanghai government. According to Fan Long, Founder of Conflux and Director of the TreeGraph Research Institute, the Tree-Graph Blockchain Research Institute will experiment with local states to build a regulatory compliance platform that can bridge global DeFi applications and government regulations. He added that: “DeFi is a new world and while it appears as though it may pose a challenge for regulators, they appear willing to listen. At...
