);)
Russian President Vladimir Putin signed a new cryptocurrency mining law on the 27th. The new law stipulates that cryptocurrency mining in Russia must be authorized by the Russian government, and the government can also shut down mining facilities at its discretion.
2. Binance "Bitcoin spot ETF achieves 42 times the first-year performance of gold spot ETF"
In a report released on the 27th, Binance reported that the Bitcoin (BTC) spot exchange-traded fund (ETF) in the US recorded a net inflow about 42 times larger than the gold spot ETF in its first year. The report pointed out that the Bitcoin spot ETF has recorded a net inflow of about $63.3 billion since its launch earlier this year, far exceeding the net inflow of about $1.5 billion recorded by the gold spot ETF in its first year. According to the report, the Bitcoin held by the Bitcoin spot ETF in the US accounts for 4.5% of the total Bitcoin supply.
3. Justin Sun "USDD is the top priority for Tron in Q4"
Tron founder Justin Sun announced through his X account on the 27th that the top priority for Tron in the fourth quarter is the update of the stablecoin USDD. He announced that through the upgrade, USDD will be developed into a thoroughly decentralized stablecoin, which will promote the growth of Tron. Justin Sun said he plans to use Bitcoin as collateral for USDD and is considering opening a dedicated USDD trading platform.
4. Circle CEO "We will proceed with the IPO without additional fundraising"
In an interview with Bloomberg on the 27th, Circle CEO Jeremy Allaire said that Circle will proceed with its initial public offering (IPO) without additional fundraising. He announced that Circle has reached a good financial track and no additional fundraising is needed for the long-planned IPO.
Reporter Kwon Seung-won ksw@
