Here are five major events that happened in the crypto world yesterday, each one not to be missed!

1️⃣ Jerome Powell, the head of the Federal Reserve, has spoken. He said that Bitcoin is more like a virtual gold rather than a substitute for the US dollar. With this statement, Bitcoin's identity has become clear again.

2️⃣ The collapsed Mt. Gox has made headlines again; it quietly transferred tens of thousands of Bitcoins, worth several billion dollars. It is said that these Bitcoins are to be used for compensating creditors, indicating that Mt. Gox is finally going to deal with its mess.

3️⃣ Congressman Hill has spoken; he plans to investigate why banks refuse to provide services to crypto companies. He stated that legitimate businesses should receive financial support. There have been rumors that U.S. banks are pressuring to close crypto accounts, and Hill is now serious about taking action in Congress.

4️⃣ Ripple has taken a stance; they support Paul Atkins, nominated by Trump, to be the chairman of the SEC. Everyone is looking forward to him introducing innovation-friendly policies. New officials often bring change, and the industry is hopeful that this new leader will promote regulation and innovation in digital assets.

5️⃣ Circle has become a hot commodity in Canada, as it is the first stablecoin issuer to comply with Canada's new crypto asset regulations. Circle guarantees that it will meet the requirements of the Ontario Securities Commission. This is significant, marking a major step towards compliance for the entire crypto industry.

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