Daily Crypto News 12 August

China's central government has issued a plan calling for tighter regulation of all industries, Coindesk reported. As it will require stricter measures in the field of technology industries and the environment. It also calls for a unified law enforcement system linked to the Internet.
 

Uniswap has become the first DeFi protocol to generate more than $ 1 billion in platform fees, Cointelegraph reported. Created in November 2018. , so far approximately $ 1.02 billion has been distributed to suppliers. While the bitcoin network created in 2009. , has generated fees of $ 2.24 billion.
 

Cointelegraph reported that Australian crypto influencer Alex Saunders has been sued by a disgruntled follower of his YouTube channel and consulting service Nuggets News. The written order required Saunders to pay 479,270 Australian dollars. Himmelfarb accused Saunders of not having the licenses needed to offer investment products to the public.