BTC is currently trading around $60,100 and ETH around $2,350. Notable gainers in the last 24 hours are APT, FLR, and FTN. The global crypto market cap is $2.18T, down 3.0% over the last day. DeFi Total Value Locked is ~$81b and BTC dominance is around 58%.
Notable news includes: Taiwan introduced new AML regulations that apply to local VASPs; US SEC enforcement director Gurbir Grewal stepped down; the SEC filed an appeal against a court’s decision in its lawsuit against Ripple; Ripple partnered with Brazilian exchange Mercado Bitcoin to offer business-focused payments solutions; while a full vote is needed to potentially spark the adoption of tokenized collateral in traditional financial markets, a CFTC subcommittee approved guidelines for using tokenized money market fund shares as collateral for financial operations; global financial messaging network Swift announced it will trial live digital asset and currency transactions on its network starting next year; four executives from NFT platform OpenSea left the company in the last three months; Aptos Labs announced the acquisition of Japanese NFT service provider HashPalette; Vitalik advocated for lowering the Ethereum staking requirement to 1 ETH; and, SUI launched a native bridge to Ethereum.
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Author:
Brian Rudick, Senior Strategist | Twitter, Telegram, LinkedIn
Carlos Guzman, Research Analyst | Twitter, Telegram, LinkedIn
Toe Bautista, Research Analyst | Twitter, Telegram, LinkedIn
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