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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $TQ $GOCHU $VELAAI $BUBB $XPRESS
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- #Digital Asset Market Clarity Act#
US House Republicans have introduced the Digital Asset Market Clarity Act to clarify crypto regulations. The bill gives the CFTC exclusive authority over digital commodity spot markets, and crypto platforms can register with either the CFTC or SEC. Will this reshape crypto regulation? What’s your take?
#Trump Tariff Update#
A US appeals court has reinstated Trump-era tariffs during the appeal, and further tariff hikes (up to 15% for 150 days) are being considered. Could these tariffs return? How might this affect the crypto market?
#Nvidia Tops Global Marke
South Korean presidential candidate Lee Jae-myung proposed the issuance of a won stablecoin.
According to Gate News bot, the Korea Herald reported that South Korean presidential candidate Lee Jae-myung proposed the establishment of a stablecoin market denominated in Korean won.
Lee Jae-myung pointed out that local stablecoins help reduce dependence on foreign currencies, stabilize the financial system, and retain economic value domestically. Currently, South Korea only allows the trading of USDT, USDC, and other dollar stablecoins, and has not yet opened the issuance of the Korean won stablecoin.
Data shows that in the first quarter of 2024, South Korean cryptocurrency exchanges recorded an outflow of 568 trillion won (approximately 40.8 billion USD), with about 50% related to transactions involving dollar stablecoins.
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