MetaMask has introduced a feature allowing U.S. users to purchase cryptocurrencies directly through Venmo, enhancing accessibility for users who are not familiar with traditional crypto exchanges. This integration simplifies the purchase process, particularly for beginners, by linking their Venmo accounts as a payment method for MetaMask transactions. Despite being a significant step towards broader crypto adoption, the feature is currently restricted in New York and Texas due to local regulations.

Uniswap generated a record $38 billion in volume across major $ETHEREUM layer-2 networks, including Base, Arbitrum, Polygon, Optimism, and several others, As per Dune Analytics data.

🟦Morocco plans to lift the ban on cryptocurrencies imposed in 2017 by drafting new regulatory laws.

🟦The information was confirmed by Abdellatif Jouahri, governor of Bank Al-Maghrib, during a recent announcement.

🟦A significant portion of Moroccans reportedly owns digital assets despite the previous ban, indicating high local interest.

🟦The legalization proposal coincides with a surge in $BITCOIN's popularity, nearing a historical price milestone of $100,000.

🟦Morocco is also considering the development of a central bank digital currency (CBDC) to help achieve public policy goals.

🟦The global context for Morocco's decision includes heightened regulatory efforts in countries like the UK and the EU.

🟦The EU's MiCA framework, which aims to establish comprehensive crypto regulations, is expected to come into effect by the end of 2024.