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