#CryptoMarket4T
🚀The market value of cryptocurrencies exceeds 4 trillion dollars 💰
👇Trump signs the GENIUS stablecoin bill 🚀
✅- President Trump has signed the GENIUS stablecoin bill into law, marking the first major legislation on cryptocurrencies to receive Congressional approval and reach the White House.
✅- The bill establishes a federal regulatory framework for stablecoins, requiring that stablecoins be fully backed by US dollars or equivalent liquid currencies.
💰The market value of cryptocurrencies exceeds 4 trillion dollars 💥
✅- The global market capitalization of cryptocurrencies surpassed 4 trillion dollars on Thursday for the first time ever.
- It is now approximately 3.94 trillion dollars, according to CoinGecko data.
💰*Acquisitions and developments in the cryptocurrency industry 🚀*
✅- The decentralized exchange dYdX has acquired the Pocket Protector social trading platform for cryptocurrencies.
✅- Thumzup Media, backed by Donald Trump Jr., has received board approval to hold up to 250 million dollars in cryptocurrency assets.
🌟*Regulators' preferences for tokenized bank deposits 📈*
✅- Non-US regulators appear to prefer tokenized bank deposits over stablecoins, according to a new report from JP Morgan.
