Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. Number of developers increased during crypto winter</h2>The total number of monthly active Web3 developers increased 5.4% to more than 23,300 over the last 12 months.This is despite a near 70% drop in crypto prices in the same period.A report from Electric Capital stated that “full-time” developers — categorized as those who contribute to 76% of Github commits — also increased 15.2% to over 7000.Source: <a href="https://cointelegraph.com/news/number-of-devs-increased-during-crypto-winter-electric-capital-report" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-1">#2. Finnish Minister calls for EU law to recognize DAOs</h2>Finland’s communications minister Timo Harakka said the EU should consider legislation to recognize DAOs that govern Web3 applications.Harakka said that this would avoid “harmful regulatory competition” among the bloc’s 27 members, and prevent having to individually alter thousands of different laws regulating different kinds of contracts.His approach is reminiscent of the EU’s Markets in Crypto Assets (MiCA) legislation, which will create a uniform standard for each country if it is adopted.Source: <a href="https://www.coindesk.com/policy/2023/01/17/finnish-minister-calls-for-eu-law-to-recognize-daos/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-2">#3. First National Geographic NFT launch sees massive backlash</h2>National Geographic’s first NFTs on Polygon prompted rage from hundreds of fans.Many urged NatGeo to delete their tweets on their social media, asserting that NFTs were an outright “scam”. The manager of acclaimed photographer Ansel Adams’ account also replied to NatGeo’s Instagram post about NFTs with a simple “Nope.”The collection dropped Tuesday and features work from 16 different photographers including Justin Aversano, Reuben Wu, Cath Simard, and John Knopf.Source: <a href="https://decrypt.co/119392/national-geographic-nft-launch-mint-backlash-technical-problems" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-3">#4. 50% increase in crypto enforcement actions in 2022 by U.S. SEC</h2>2022 was a record year for crypto-related enforcement actions.The U.S. SEC brought a record number of crypto-related enforcement actions in 2022, up 50% from 2021.Cornerstone Research looked at 30 enforcement actions with 70% percent alleged fraud and 73% alleged an unregistered securities offering, while 50% alleged both.Source: <a href="https://www.theblock.co/post/203078/sec-racks-up-50-increase-in-crypto-enforcement-actions-in-2022-report" rel="noopener noreferrer nofollow">The Block</a><h2 id="header-4">#5. French crypto companies must seek authorization by 2024</h2>Crypto companies in France would have to seek authorization from regulators to operate if they are not already registered with the country’s financial regulator by January 1, 2024.This comes after lawmakers at the National Assembly adopted plans for new legislation on Tuesday.The plans offer more leeway than the Senate, which proposed in December to offer a cut-off date of October 2023.The French crypto industry has reacted with concern, arguing this could damage France’s goal of becoming a crypto hub.Source: <a href="https://www.coindesk.com/policy/2023/01/17/french-crypto-companies-must-seek-authorization-by-2024-under-new-lawmaker-plans/" rel="noopener noreferrer nofollow">CoinDesk</a>--The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/cmccommunity" rel="noopener noreferrer nofollow">here</a>.Stay up to date with ApolloX!<a href="https://t.me/ApolloX_Finance" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_Finance" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXFinance" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_finance/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a> | <a href="https://coinmarketcap.com/community/profile/ApolloX" rel="noopener noreferrer nofollow">CMC</a>

Crypto News of the Day: No. of developers increased during crypto winter, 50% increase in crypto enforcement actions in 2022 by U.S. SEC

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