This Week in Coins: Markets Slide Fifth Straight Week, Argentina’s Largest Private Bank Offers Bitcoin

For the fifth consecutive week, leading cryptocurrencies like Bitcoin and Ethereum fell, even as signs of wide adoption keep popping up: Gucci’s U.S.

A few of this week’s biggest losers were among the so-called “Ethereum killers” aka smart contract-enabled layer-1 blockchains.

TRON announced it wants to raise $10 billion in reserve funds to help its new stablecoin keep its peg.

On Monday, Japanese video games developer Square Enix announced in a statement that it’s selling off multiple franchises, including Tomb Raider and Deus Ex, and three of its studios to Embracer Group.

The measure, “A Bill for an Act Related to Cryptocurrency,” aims to see how the state can regulate, provide oversight, and potentially use blockchain technology and cryptocurrency.

In Central Asia that day, Uzbekistan didn’t just legalize solar-powered crypto mining, it actually incentivized miners to set up their own solar panel systems, as they’ll now be exempt from paying income taxes.

Also on Wednesday, news broke that France’s markets regulator, AMF registered Binance France as a DASP, or “digital asset service provider.” Domestic banking regulator ACPR approved the registration.

The SRD tracks users’ movements and adjusts the display to give users a 3D TV experience without the need for 3D glasses.

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