#cryptocurrencies

Justin Sun, co-founder of the Huobi exchange, expressed his delight at China's decision to levy a tax on cryptocurrency transactions. He believes that this is a sure sign that China is ready to accept the existence of digital assets and ease the pressure on crypto projects. Even the fact that fiscal authorities require crypto-markets to register users who invest in cryptocurrencies did not dim his joy. At the same time, he claims that Huobi is registered in the Seychelles and thus is not required to provide customer information. And Justin Sun dreams that the TRON blockchain will be adopted in China at the national level. What else is there to say? Justin Sun is like Jean-Claude Van Damme, but for crypto.

Yes, they tighten the requirements and the nuts again. As of right now, European banks are required to view cryptocurrencies as the riskiest asset class. Today, the relevant EU parliamentary committee approved such an initiative. As a result, banks will actually need to hold EUR 1 in equity for every EUR they hold in cryptocurrencies. The MEPs explained that similar capital requirements will help prevent the crypto world's insecurity from spreading to the financial system. However, it was offensive. Which of the worlds is more unstable needs to be determined, though. But our arbiter is time. It will reveal everything.

CoinDesk is a media asset of the Digital Currency Group, whose financial situation leaves much to be desired. "I would like to figure out how to get to journalistic integrity again," Hoskinson explains his motives in a live YouTube stream. Cardano expects the price of CoinDesk will be around $200 million. The Cardano ADA token is one of the top ten cryptocurrencies on CoinMarketCap with a market cap of about $11.7 billion.

The app now displays an up-to-date price chart for nearly all of the Top 50 cryptocurrencies by market cap. However, for some reason, not all are yet visible. Among those displayed are Tether (USDT), XRP (XRP), Binance USD (BUSD), Cardano (ADA), Solana (SOL), Avalanche (AVAX), Dogecoin (DOGE), Shiba Inu (SHIB), Polygon (MATIC), Litecoin (LTC), Dai (DAI) and Uniswap (UNI). Among the losers are Polkadot (DOT), Tron (TRX), BNB (BNB), and USD Coin (USDC). Conspiracy theorists and insiders are welcome to comment. TradingView and Robinhood services are likely to have been involved in the implementation. However, none of these potential Twitter partners have officially confirmed the collaboration.