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$ETH binance party on #ETHBreaks4000
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Complete this Month’s Challenge to Share 4,000,000 Binance Points & Unlock Exclusive Rewards! BINANCE POINTS 400K
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#CFTCCryptoSprint Unbound Finance (UNB), as well as the recent developments surrounding the CFTC's Crypto Sprint initiative. BTC and UNB Relationship: - Current Conversion Rate: 1 Bitcoin is equivalent to approximately 1.26 billion Unbound Finance (UNB) tokens. - Price Trend: The BTC to UNB exchange rate has increased by 3.75% over the past 30 days. - Market Data: Unbound Finance has a market capitalization of around $2.981 trillion, with a 2.1% increase, and a 24-hour trading volume of $94.768 billion. CFTC's Crypto Sprint Initiative: The US Commodity Futures Trading Commission (CFTC) has launched a "Crypto Sprint" initiative to accelerate regulatory clarity and innovation in the digital asset market. This initiative aims to ¹ ² ³: - Implement 18 Recommendations: From the White House report on digital assets, focusing on regulatory clarity and market oversight. - Unified Regulatory Framework: Create a joint framework with the SEC to regulate crypto, including a regulatory sandbox and harmonized rulemaking timelines. - Expand CFTC Authority: Grant the CFTC authority over non-security digital asset spot markets, enhancing its jurisdiction. - Support Innovation: Foster innovation while protecting investors, with a focus on clarity around self-custody rights and bank involvement in crypto activities. The CFTC's Crypto Sprint initiative reflects a broader effort to unify US crypto market oversight and bring digital assets under a more structured regulatory framework
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