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🔥🔥🔥 Daily Highlights Summary
🟢 The Chair of the U.S. Commodity Futures Trading Commission (CFTC) stated that the crypto market structure bill is "very close" to becoming law. He also announced that the "enforcement-based regulation" phase for crypto has ended, emphasizing that the agency will develop a "future-proof" legal framework to accommodate the long-term growth of the industry. He added that it’s impossible to have a "Gary Gensler 2.0" emerge and reverse the entire process.
🟢 Tom Lee has purchased 45,759 $ETH worth approximately $91 million.
🟢 In the Middle East, UAE’s sovereign wealth fund Mubadala has increased its holdings of the spot Bitcoin ETF by 45%, bringing the total value to $630 million.
🟢 Ripple CEO Garlinghouse estimates there is an 80% chance that the CLARITY Act will be passed before the end of April.
🟢 El Salvador continues to buy more Bitcoin, increasing its total holdings to 7,565.37 $BTC
#CelebratingNewYearOnGateSquare