💥 Gate Square Event: #PostToWinCC 💥
Post original content on Gate Square related to Canton Network (CC) or its ongoing campaigns for a chance to share 3,334 CC rewards!
📅 Event Period:
Nov 10, 2025, 10:00 – Nov 17, 2025, 16:00 (UTC)
📌 Related Campaigns:
Launchpool: https://www.gate.com/announcements/article/48098
CandyDrop: https://www.gate.com/announcements/article/48092
Earn: https://www.gate.com/announcements/article/48119
📌 How to Participate:
1️⃣ Post original content about Canton (CC) or its campaigns on Gate Square.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostTo
The Central Bank of Brazil officially condemns algorithmic stablecoins.
On November 10, Brazilian Central Bank official Vivan emphasized that cryptocurrency companies should avoid complex activities and confirmed the ban on algorithm-based stablecoins. This statement indicates that Brazil is moving towards tightening cryptocurrency regulation while also sparking global discussions on regulation in this field.
Although the market remains stable, experts predict that businesses will need to adjust their strategies to adapt to the new regulatory framework. Following the collapse of TerraUSD, the monitoring of stablecoins has become stricter. According to CoinMarketCap, Dai (DAI) is currently trading at $1.00 with a market capitalization of approximately $5.36 billion and a 24-hour volume of over $110 million. Chairman Roberto Campos Neto affirmed that Brazil prioritizes more cautious oversight rather than a complete ban.