With the fact that the People's Bank of China (PBOC) has described all crypto-related activities as illegal, the exchange platforms with the highest volume of transactions were forced to close their stores, stopping the registration of new accounts in the country.
Important Statement from Nayib Bukele About the Chivo Bitcoin Wallet
According to El Salvador’s president, more than two million locals are already actively using the Bitcoin wallet Chivo. This rate is much higher than the number of users in banks.
Former U.S. Treasury Secretary Says Regulation Would Safeguard Crypto Sector
Former U.S. Treasury Secretary Lawrence Summers has said that the cryptocurrency industry should embrace government regulation for its own benefit.
Fantom Has Launched Artion NFT Marketplace - The Platform Aims to "Charge Content Producers with Low Fees"
On September 24, 2021, the Fantom Foundation announced the launch of a new NFT marketplace that aims to compete with the current NFT marketplace.
Cathie Wood's Ark Invest Buys $89 Million Worth of TWTR After the Bitcoin Tips Integration
Ark Investment Management has doubled down on its support for the Jack Dorsey-led social media platform. Interestingly, the new shares purchase came just a day after Twitter announced that it would enable BTC tips.
SEC Rejects Freedom of Information Act Request Concerning Tether Documents
On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote that he had received responses to FOIA requests from the Securities and Exchange Commission (SEC) and said the responses were "withheld due to possible law enforcement investigation."
DeFi Tokens Have Double Digit-Gains in 24 Hours, DeFi TVL Increased By 6% In 2 Weeks
A number of popular crypto assets, such as Bitcoin, have consolidated, while decentralized finance (DeFi) tokens have made significant gains over the past 24 hours.
Ripple CEO Brad Garlinghouse Says He Is Open to Resolving Landmark XRP Case With SEC
Brad Garlinghouse, Ripple's CEO, said that the San Francisco-based payment firm is open to resolving its case with the SEC under one condition. In a new interview with Fox Business, Garlinghouse stated that Ripple would be willing to enter into an agreement with the SEC if the regulator clearly defines the regulatory status of XRP.
Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says
Authorities in Indonesia don’t intend to observe China’s instance of imposing an outright ban on cryptocurrencies, an authorized official stated, noting the nation will restrict itself to making sure they don’t seem to be utilized in unlawful actions.
The Amount of ETH Locked in DeFi Hits All Time
After the big drop in TVL, there have been increases in the number of ETH locked into the decentralized financial ecosystem. According to current data, 7,830,000 Ether is locked in DeFi.
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