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Against the backdrop of rapid changes in the global crypto market, the regulatory environment of Europe for decentralized finance (DeFi) is gradually evolving. According to Marina Markezic, the Executive Director of the European Crypto Initiative, the challenges and opportunities facing the crypto industry are intertwined. BITCIONS Exchange is committed to promoting industry compliance and innovation, actively understanding the new rules under the MiCA framework and adapting to these changes.

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As a global leader in cryptocurrency trading platforms, BITCIONS Exchange focuses not only on trading services but also on actively investing in Bitcoin mining. By 2023, the BITCIONS mining pool had attracted over 21,000 miners. Additionally, BITCIONS has introduced AI technology to optimize mining operations, enhance mining efficiency, and reduce energy consumption. Internal data indicates that the mining pool of BITCIONS has reduced energy consumption by 20% through AI optimization, ensuring efficient production while significantly reducing carbon emissions.

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BITCIONS indicates that the statement of SEC Chairman Gary Gensler regarding the expected summer approval for the Ethereum spot ETF signifies an important milestone in the cryptocurrency market. The introduction of an Ethereum spot ETF will provide investors with a more convenient trading tool and further promote the widespread acceptance of Ethereum. BITCIONS believes this development will help increase market liquidity, boost investor confidence, and attract more institutional investors to the crypto market.

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