News summary Cryptocurrency in the week 21 – 27 November 2021

A summary of the top news stories of Bitcoin and cryptocurrency. in the past week which has many incidents And so that you don’t miss any interesting points, we’ve put them together again for you to read.

  • El Salvador Plans to Issue $1 Billion Bitcoin Bonds El Salvador, the only country where bitcoin is legal. It’s going to build an entire city using the largest digital currency. President Nayib Bukele said at a presentation Saturday night at Bitcoin Week in El Salvador.
  • Total locked value (TVL) of Ethereum layer 2 hits all-time high. Total Locked Value (TVL) on the Ethereum layer 2 (L2) network has soared to new highs. as fees continue to increase
  • How Important Are Bitcoin and Bitcoin Futures? As we all know, one of Bitcoin’s essential functions is to be a digital asset that functions as a Store of Wealth for the undervalued paper money we use today. With the emergence of new people’s perceptions from the media and academics, Bitcoin has become more widely known and perceived in a much more positive way than in the past that people tend to consider it. It’s a Scam
  • South Korea’s financial agency rules NFTs are taxable. South Korea Financial Services Commission or FSC announceOn Tuesday, NFT tokens will be taxed next year, according to a report by The Korea Herald. The amendment to this tax law would impose a 20% tax on digital asset earnings in excess of 2.5 million won ($2,102) as of date. January 1, 2022
  • IMF warns El Salvador on the risks associated with Bitcoin and its consumers. El Salvador should not use bitcoin as legal money. Due to financial and consumer risks incurred An International Monetary Fund (IMF) official wrote insummary statementrelated to missions in Central America
  • Project Serum (SRM) Decentralized Exchange Project of FTX Exchange Today I will take you to get acquainted with the project. Decentralized Exchange called Serum, which Serum is a child project of Exchange FTX.
  • Ethereum has burned 1 million ETH since EIP-1559 launched in August. A Twitter post from blockchain research firm CryptoRank revealed that over 1 million ETH (worth $4.24 billion) has been burned since the launch of the EIP-1559 protocol in August.
  • Zipmex Launches GameFi Under ZGuild In Strategic Partnership From GuildFi zip mex The fastest growing digital asset platform in Southeast Asia. Announcing the launch of GameFi to all investors today. Under the latest product ZGuild, developed through a strategic partnership of GuildFi and Zipmex.
  • El Salvador “Buy the dip” once again celebrates Black Friday promotion with a total of 100 BTC in purchases. El Salvador President Nayib Bukele “Buy the dip” again, investing more than $5 million in Bitcoin as it drops below $54,000.

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