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Daily Crypto News

Feb 23: Asian Markets, Trump's Stance, and Corporate Movements

19 min • 23 februari 2024

China's Crypto Resurgence in the Year of the Dragon: 2024 has been marked as a potential year of resurgence for cryptocurrency activities in China, following previous restrictions. This change hints at a more favorable environment for digital assets in one of the world's largest markets, aligning with cultural and economic shifts in the Year of the Dragon.


Japan's Progressive Crypto Policies: Japan has taken a significant step forward in crypto policy, aiming to foster a more conducive environment for digital asset innovation and investment. This move is accompanied by discussions around GameFi and its market liquidity, indicating a nuanced approach to integrating gaming finance with regulatory frameworks.


South Korea's ETF and Custody Advances: South Korea's ruling party is reportedly considering the introduction of a spot Bitcoin ETF, signaling a shift towards mainstream cryptocurrency adoption. Furthermore, the country's top crypto custodian has seen its deposits tripled, reflecting growing investor trust and market expansion.


Trump's Bitcoin Stance: Former President Donald Trump has articulated his stance on Bitcoin, contributing to the ongoing debate about the role and recognition of digital currencies in the U.S. political and economic landscape.



News Links 👇


https://decrypt.co/217920/china-crypto-year-of-the-dragon 


https://blockworks.co/news/japan-crypto-policy-step-forward 


https://cointelegraph.com/news/japan-gamefi-low-liquidity-lawmaker


https://www.theblock.co/post/277996/south-koreas-ruling-party-spot-bitcoin-etf 


https://www.theblock.co/post/278535/south-korea-top-crypto-custodian-saw-deposits-tripled


https://decrypt.co/218739/trump-bitcoin-stance


https://decrypt.co/218707/3-billion-bitcoin-options-expire-today


https://decrypt.co/218666/block-cash-app-square-bitcoin-earnings-growth


https://decrypt.co/218602/reddit-files-go-public-invested-bitcoin-ethereum


https://decrypt.co/218565/coinbase-accessible-nigeria-crypto-ban


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