🚀🚀Crypto News - Update Daily
🔡🔡🔡 Summary of Last Night's and This Morning's News
🟢 China has removed the 125% tariff on imported ethane from the United States since the beginning of April
🟢 U.S. Treasury Secretary Bessent stated: “Interest rates have decreased, mortgage rates have decreased, gasoline and energy prices have also decreased, and we expect further reductions.”
🟢 Bessent also added that "tariff revenues will provide American citizens with much-needed income tax relief."
🟢 The Trump Tower project in Dubai is being launched and will accept payments in crypto
🟢 The UK Treasury plans to collaborate with the United States to build a comprehensive legal framework for crypto in 2025, aiming to make the UK a global center for the development of digital assets.
🟢 The UK government has announced a draft law on cryptocurrency proposing new regulated activities such as operating exchanges and issuing stablecoins.
🟢 Circle has just been granted initial licensing by the Abu Dhabi regulator to operate as a currency service provider.
Source: A1Academy
