ChainCatcher news, according to Jinshi reports, the Ministry of Industry and Information Technology has decided to establish the Ministry's Artificial Intelligence Standardization Technical Committee, numbered MIIT/TC1, which is mainly responsible for the formulation and revision of industry standards in areas such as artificial intelligence evaluation testing, operation and maintenance, datasets, basic hardware, software platforms, large models, application maturity, application development management, and artificial intelligence risks. The first session of the Ministry of Industry and Information Technology's Artificial Intelligence Standardization Technical Committee consists of 41 members, with the secretariat undertaken by the China Academy of Information and Communications Technology.

According to ChainCatcher news, the China Securities Regulatory Commission (CSRC) has released 8 financial industry standards, including the "Communication Guidelines for General Blockchain Infrastructure in Regional Equity Markets." The financial industry standard "Communication Guidelines for General Blockchain Infrastructure in Regional Equity Markets" specifies the communication guidelines between the general financial infrastructure based on the "Regulatory Chain - Local Business Chain" dual-layer architecture and the existing systems of regional equity markets. It clarifies the systems, main data objects, business scenarios, and operational instructions involved in 6 types of communication agreements: user registration agreement, asset registration agreement, fund mapping agreement, asset mapping agreement, transfer management agreement, and settlement management agreement. The implementation of these standards is beneficial for fully leveraging the supporting role of the "Regulatory Chain - Local Business Chain" dual-layer blockchain architecture for existing business systems and promoting the transformation and integration of these systems.

ChainCatcher message, DefiLlama founder 0xngmi posted on social media, "To be honest, almost every cross-chain bridge (including WBTC) provides proof of reserves so that users can check if the issued tokens have sufficient backing. However, Coinbase does not do this, and cbBTC falls far below the standard in terms of transparency.This is also why we have not listed it on Defillama, as we cannot verify its TVL (Total Value Locked). If we do not list other cross-chain bridge projects that cannot verify their TVL, we will not make an exception for Coinbase either. We follow the same rules for all projects."

ChainCatcher news, FTX CEO Sam Bankman-Fried (SBF) has proposed a draft of the "Feasible Digital Asset Industry Standards," aimed at enhancing clarity in the crypto space and protecting user assets.It is reported that the draft supports the use of blacklists for regulation and suggests that OFAC create a dedicated address to facilitate victims of dust attacks in sending illegal funds to this address, thereby lifting their blacklist status. Previously, SBF discussed the black and white list mechanism in crypto regulation on Twitter. He believes that in crypto regulation, blacklists are more important than whitelists. (source link)