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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
Trending Coins🔥 $ZBCN $TQ $WCT $EIGEN $MXC
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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
Breaking: FTX Reorganization Plan To Resume In January 2025
The long-awaited FTX bankruptcy plan now have a specific date for creditors to expect payment. As the defunct exchange revealed in a recent press release, the official reorganization plan will commence in January 2025. FTX said it is completing the final pre-requisites that will make this payout and timeline feasible.
Will FTX Reorganization Plan Beat Expectations? The trading platform confirmed in a press release that this reorganization plan will pave the way for it to begin creditor and customer distributions. Prior to the January 2025 deadline, the exchange said it will finalize its arrangements with its specially designated distribution agents.
To be eligible for payouts, customers will need to create an approved account with the distribution agents. The trading platform said it will announce the specific dates to that it will begin the distribution in January. This announcement is subject to a court order.
advertisement Rexas AurealOne Aurealone: The Ultimate Blockchain For Gaming & The Metaverse. Join Presale AD This latest update comes after the court approved its bankruptcy plan in October. Under this reorganization plan, FTX will distribute over $6.6 billion to customers.