Here’s a summary of the latest cryptocurrency news as of **March 21, 2025**:
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### 2. **Ethereum 3.0 Upgrade Goes Live**
- Ethereum (ETH) has successfully launched its 3.0 upgrade, introducing significant improvements in scalability, energy efficiency, and transaction speed. The upgrade is expected to further solidify Ethereum's position as the leading platform for decentralized applications (dApps) and smart contracts.
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### 3. **Central Bank Digital Currencies (CBDCs) Gain Momentum**
- Several countries, including China, the U.S., and members of the European Union, are accelerating their CBDC projects. The People's Bank of China has announced the nationwide rollout of its digital yuan, while the U.S. Federal Reserve is testing a digital dollar pilot program.
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### 4. **Ripple (XRP) Wins Landmark Legal Battle**
- Ripple Labs has secured a major victory in its long-standing legal dispute with the U.S. Securities and Exchange Commission (SEC). The court ruled that XRP is not a security, leading to a 30% price surge and renewed interest in the token.
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### 5. **DeFi Sector Hits $500 Billion in Total Value Locked (TVL)**
- The decentralized finance (DeFi) ecosystem continues to grow, with the total value locked surpassing $500 billion. Innovations in lending, staking, and yield farming are driving adoption, particularly in emerging markets.
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### 6. **NFT Market Sees Resurgence**
- The NFT market is experiencing a resurgence, with high-profile sales and new platforms emerging. Major brands and celebrities are leveraging NFTs for digital collectibles, gaming, and intellectual property rights.
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### 7. **Regulatory Developments**
- Global regulators are stepping up efforts to create a balanced framework for cryptocurrencies. The Financial Action Task Force (FATF) has issued new guidelines for combating money laundering and terrorist financing in the crypto space.
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