Blockchain Today Weekly Digest

18 Apr — 24 Apr

One of the trendiest thing to hear about these days is STEPN. Find out details about this project and other important news in our digest.

1. STEPN (GMT) Hit a New High Surging 34.000% In 41 Days

The governance token of the Solana-based STEPN lifestyle app that uses the move-to-earn concept, GMT (Green Metaverse Tokon) hit a new high of 3.81 on April 19.

GMT was launched on March 9 through an Initial Coin Offering (ICO), during which the price of the token was $0.01. Since then, the price of the token has increased by around 34,000%. Currently, the market capitalization of the token is above $2 billion.

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2. Commerzbank applied for a crypto custodian license in Germany

One of the largest banking concerns in Germany, Commerzbank, has sent an application to BaFin for a license for a cryptocurrency custodian. Börsen-Zeitung writes about this concerning a representative of a credit institution.

According to the announcement, if approved, Commerzbank will also be allowed to provide services related to the exchange and protection of digital assets.

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3. Irish authorities ban political donations in cryptocurrency

A new law in Ireland will ban all types of political donations in the form of cryptocurrencies.

The government fears that this form of political financing undermines the country’s sovereignty and makes it easier for outside interference in its internal affairs.

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