Bitcoin-Backed Dollar, Cardano Investors, New NFTs, and More Bitcoin, Cardano, Polygon, BNB, TONCOIN.

This section presents various news related to the world of cryptocurrencies.

Dollar backed by Bitcoin

The US presidential candidate mentions that he will back the dollar with Bitcoin.
According to him, investors making a profit with Bitcoin would be exempt from capital gains tax.

Cardano Investors?

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Long-term and medium-term investors are buying Cardano according to data from firm Into the Block.
Those who have held their investment in Cardano for 1 to 12 months also contribute to the increase in total value locked.

New NFTs on the Polygon blockchain?

Warner Bros and DC Comics will launch a new collection of NFTs on the Polygon blockchain.
This collaboration between Warner and Polygon is more extensive than it seems at first glance.

**Hong Kong welcomes cryptocurrencies under China's approval?

Hong Kong has legalized cryptocurrencies due to prior approval from mainland China.
This indicates that the plan to adopt cryptocurrencies in Hong Kong is really a China-driven plan.

Now Nasdaq would tactically change its strategy in order to enter the crypto market

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The American stock exchange Nasdaq has changed its strategy to enter the crypto market.
It now plans to team up with BlackRock to launch a spot Bitcoin ETF (exchange-traded fund).

Anonymity in decentralized finance could end

Laws are being discussed in the United States that could end anonymity in decentralized finance.
Decentralized finance applications are proposed to implement identity verification controls to comply with legal requirements.

Binance suspends functions and burns BNB tokens

Binance has announced the temporary suspension of some trading services due to a technical glitch.
They have also burned $484 million worth of BNB tokens as part of their plan to reduce total supply and increase value.

Presidential candidate supports the dollar with Bitcoin

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Presidential candidate Robert Kennedy Jr. mentions his intention to back the US dollar with Bitcoin if he is elected in 2024. Furthermore, he claims that investors making a profit from Bitcoin would be exempt from capital gains tax.

Law proposes identity verification in decentralized finance

A law is being discussed in the United States that proposes that decentralized finance applications implement identity verification controls to comply with legal requirements. This could put an end to anonymity in decentralized finance and force apps to comply with anti-money laundering laws.

Cardano investors and their impact on total value locked

Long and medium-term investors are buying Cardano, which has contributed to the increase in total value locked. Those who have held their investment in Cardano for 1 to 12 months also have a significant impact.

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