Global #Digital assets

In the past 24 hours, the cryptocurrency market has experienced a notable downturn, with the total market capitalization falling by 2.36%, from $2.11 trillion to $2.05 trillion.

In just 15 years, the cryptocurrency market has exploded, reaching an impressive market capitalization of $2.09 trillion—double the value from just a year ago.

Russia introduced a significant legal shift by allowing the use of cryptocurrency for foreign trade settlements. This move marks a notable step towards integrating digital assets into the country’s financial system, though full regulation of this activity remains pending.

On September 11, the UK Parliament took a significant step towards integrating digital assets into the legal framework with the introduction of the Property (Digital Assets etc) Bill.

State Street Global Advisors, through its Galaxy Asset Management division, has launched a suite of innovative ETFs aimed at capturing the burgeoning potential of digital assets and transformative technologies.

Today marked a significant moment for the cryptocurrency industry as Congress held its first-ever hearing on decentralized finance (DeFi).

Following a notable upsurge in the cryptocurrency markets last weekend, digital assets have maintained their gains, driven by the Federal Reserve's recent statements.

As the window for passing significant crypto legislation in 2024 narrows, key Republican figures remain optimistic about advancing reforms that could reshape the digital assets landscape.

A recent tweet by Justin Sun, the founder of Tron (TRX), has set the cryptocurrency world abuzz with speculation about a potential shift in China’s stance on digital currencies.

On August 16, 2024, the Bank of Ghana (BoG) unveiled a set of draft guidelines aimed at regulating digital assets, including prominent cryptocurrencies like Bitcoin (BTC) and Tether (USDT). This move follows a comprehensive internal review and reflects the central bank's response to the growing interest and risks associated with the crypto market in Ghana.

Hong Kong is ramping up its efforts to attract top tech talent and enhance its digital infrastructure as part of a broader strategy to bolster its technology sector.

In a recent interview with streamer and influencer Adin Ross, former President Donald Trump warned the current administration against selling the United States' Bitcoin holdings.