Notable news in the last 24 hours (29/09) BTC: 26,890 USD | ETH: 1,648 USD| Total market cap: 1,049 billion USD 1️⃣ Shanghai plans to run the city through blockchain. The Shanghai government has launched plans to develop a multi-chain blockchain infrastructure to virtualize the city's operating processes. This action is part of China's efforts to virtualize processes that can apply advances in the field of tokenization, a promising technology and developing at a very high rate. 2️⃣ Binance continues to struggle in France. Binance's French subsidiary recently completed the termination of its partnership with Paysafe. This shows that the exchange is increasingly finding and maintaining partners with banks here. Previously, Paysafe provided infrastructure to Binance's subsidiary in France, helping them make deposits and withdrawals in euros via SEPA bank transfer. The process of ending this relationship has been in the works since the end of June 6, but so far, Binance France has not found a new replacement partner. 3️⃣ The SEC chairman has a "hot" statement about Bitcoin. Gensler recently answered questions during a White House Finance Committee hearing on Wednesday about whether the agency approves direct bitcoin exchange-traded funds and whether bitcoin is a security. Gensler later confirmed that Bitcoin is not a security because it does not meet the "Howey Test" — the SEC's set of criteria used to determine whether assets are securities. 4️⃣ Do Kwon's legal team opposed the SEC's request for testimony. Do Kwon's legal team opposed the SEC's request for testimony, citing it as unfeasible due to his exceptional circumstances. Kwon reportedly provided 21 hours of testimony during the SEC's two-year investigation.

Notable news in the last 24 hours (29/09) BTC: 26,890 USD | ETH: 1,648 USD| Total market cap: 1,049 billion USD 1️⃣ Shanghai plans to run the city through blockchain. The Shanghai government has launched plans to develop a multi-chain blockchain infrastructure to virtualize the city's operating processes. This action is part of China's efforts to virtualize processes that can apply advances in the field of tokenization, a promising technology and developing at a very high rate. 2️⃣ Binance continues to struggle in France. Binance's French subsidiary recently completed the termination of its partnership with Paysafe. This shows that the exchange is increasingly finding and maintaining partners with banks here. Previously, Paysafe provided infrastructure to Binance's subsidiary in France, helping them make deposits and withdrawals in euros via SEPA bank transfer. The process of ending this relationship has been in the works since the end of June 6, but so far, Binance France has not found a new replacement partner. 3️⃣ The SEC chairman has a "hot" statement about Bitcoin. Gensler recently answered questions during a White House Finance Committee hearing on Wednesday about whether the agency approves direct bitcoin exchange-traded funds and whether bitcoin is a security. Gensler later confirmed that Bitcoin is not a security because it does not meet the "Howey Test" — the SEC's set of criteria used to determine whether assets are securities. 4️⃣ Do Kwon's legal team opposed the SEC's request for testimony. Do Kwon's legal team opposed the SEC's request for testimony, citing it as unfeasible due to his exceptional circumstances. Kwon reportedly provided 21 hours of testimony during the SEC's two-year investigation.