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💰 The Ripple RLUSD stablecoin will be launched on December 4 with the approval of the New York regulator.
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Interesting. Altcoin season in this cycle, it seems, is no longer determined by the rotation of capital from Bitcoin (as it was in previous cycles). Well, you remember: bitcoin -> ether -> large caps -> small caps, etc. But now we see a completely different picture. A sharp increase in the trading volume of altcoins does not occur in pairs against Bitcoin, but in pairs against stablecoins and fiat, which tells us that this is a REAL GROWTH of the market, and not just a rotation of money from Bitcoin to altcoins.
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TRUMP: "Bitcoin and cryptocurrency will develop our economy, strengthen America's financial dominance and strengthen our entire country for many years to come."
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It is interesting that the growth of XRP is due to the flow of NEW money, and not the rotation of already existing funds in the crypto market. The popularity of the "HRP" request now significantly exceeds the popularity of the "crypto" request. The difference is already here.
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The world is covered by a tsunami of cryptoregulation, and this is only the beginning. A list of the main changes in the regulation of cryptocurrencies that have occurred recently: - China's new anti-money laundering codes begin the fight against cryptocurrency crimes. - Poland is preparing for the introduction of MiCA rules in mid-2025. MiCA is a comprehensive document designed to unify the rules of the crypto-asset market in the territory of the European Union. - Japan reduces cryptocurrency tax by 20% - Taiwan is introducing strict anti-money laundering (AML) rules for cryptocurrency asset service providers (VASPs), which will come into effect on November 30, 2024.
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We have already passed the 2021 deadline. All that remains is to kill 2017.
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