Brazil Approves Bill Regulating Crypto For Payments – November 30

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $16,843

Bitcoin price tapped the $17,000 mark yesterday, as price spiked upward strongly – now sitting around the $16,800 level.

Top-20 altcoins are looking good, as Ethereum gains 5%, BNB remains unchanged and Polygon leads with a 6% rise.

Top Stories for November 30, 2022 πŸ”₯

πŸ‘‰ Brazil Approves Bill Regulating Crypto For Payments

Brazil has approved a regulatory framework to oversee the use and trade of crypto within the country.

The new rules recognize “virtual assets” as a digital representation of value, which can be used as a form of payment and investment. The bill now only requires the President’s signature before being passed into law.

Although the bill is a significant step towards recognizing digital assets as a legitimate means of payment, it does not make Bitcoin or any crypto legal tender in Brazil.

πŸ‘‰ Uniswap Launches NFT Aggregator Platform

The largest decentralized exchange, Uniswap, has finally launched its NFT aggregator platform, months after planning it.

The platform will support NFTs listed on platforms including OpenSea, X2Y2, LooksRare, Sudoswap and several others, enabling them to purchase multiple assets at once and save on gas fees.

Uniswap is also airdropping around 5 million USDC to historical users of Genie, an NFT aggregator that it acquired earlier this year.

πŸ‘‰ Huobi And Poloniex Exchange To Form Strategic Partnership

Crypto exchange Huobi and Poloniex have announced that they will be forming a “strategic partnership” – despite denying merger rumors last week.

The two exchanges will collaborate for the development of the Huobi Token ecosystem, liquidity sharing, global compliance and more.

Tron founder Justin Sun has been involved with both exchanges, acquiring Poloniex in 2019 and sitting as an adviser to Huobi.