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What to Know:
- Brazil’s new legislation mandates 1:1 backing for stablecoins, effectively banning algorithmic models to protect consumers and pave the way for the Drex digital currency.
- The regulatory squeeze on experimental assets is driving capital toward fundamental infrastructure projects that solve scalability and utility issues.
- Bitcoin Hyper ($HYPER) utilizes the Solana Virtual Machine (SVM) to bring high-speed smart contracts to Bitcoin, raising over $31 million in its ongoing presale.
- Whale…