ICONation Update: December, 2020
Thank you for checking out our latest news release. Please see below for ICONation related updates for December, 2020.
ICONation announced in December, 2020 that ICONswap will be temporarily shutting down until we have more clarity around various regulations that are being implemented, particularly in the US and France. We hope this is a temporary measure, but will be able to provide more information regarding ICONSwap’s future at a later time.
In the US:
The U.S. Government Is Targeting Cryptocurrency to Expand the Reach of Its Financial Surveillance
One of the most important aspects of cryptocurrencies from a civil liberties perspective is that they can provide…
And in France:
France is on the verge of imposing mandatory KYC rules for all crypto transactions, industry…
France is set to implement stringent new measures for the country's cryptocurrency sector, The Block has learned.
Due to these possible implementations of new KYC rules centered around decentralized exchanges, ICONation has opted to temporarily close down ICONSwap until we are certain no laws are being broken or circumvented. For now, we do not wish to be responsible for collecting and storing anyone’s personal information just because they wish to use ICONSwap. We are sincerely sorry for any inconveniences this may cause and hope to have positive news regarding ICONSwap in the future.
But, have no fear, ICONPool is here!
ICONPool announced on December 25th that TAP trading, liquidity farming and 16 new pools have been launched on ICONPool. Check it out here:
ICONation Monthly Financial Report
Below is a summary of rewards and spending in December, 2020.
The following rewards were claimed and distributed on December 1, 2020.
Reminder: All public ICONation wallet addresses can be found here.
Heads up, there’s a new project brewing that an ICONation team member will be involved in which will be announced in the coming months. More on that project “soon”.
As always, please feel free to reach out to us if you ever have questions about ICONation and thank you for stopping by our Medium for the latest!
By ICONists, for ICONists