Description
# ArtChain Day 657
## Phrase of the day #656
Meme-vs-Meme.
##### Day #656 in Arweave Permaweb
[Link](https://rwq3indajbm333xrhbfyyqiplsibw2ws7ee6wsbqjhh5cwz4vc2a.arweave.net/jaG0NGBIWb3u8ThLjEEPXJAbatL5CetIMEnP0Vs8qLQ)
##### News of day #657:
| Continent | News |
| ------ | ------ |
| Europe | Russia confirms that no countries have declined invitations to join the BRICS alliance, according to Deputy Foreign Minister Sergey Ryabkov. A complete list of new partner states is expected to be published before the end of the year, as internal procedures are still being finalized. |
| North America | Trump warns BRICS nations (India, Russia, China, Brazil, and others) against replacing the US dollar, threatening 100% tariffs and loss of access to the US market. BRICS countries are exploring alternatives to the US dollar, but Trump demands a commitment not to create a new currency or support alternatives. |
| Africa | A Nigerian court has unblocked N89 million in bank accounts linked to alleged illegal cryptocurrency activities. The Federal High Court in Abuja lifted the freezing order on six accounts after an EFCC investigation. Accounts involved include Awe Microfinance Bank, Olalekan Sibiku Adesugba, and others. |
| Latin America | Brazil's Central Bank proposes a ban on transferring foreign-backed stablecoins from exchanges to self-custody wallets, aiming to enhance financial stability and investor protection. The regulation targets tokens denominated in foreign currencies. |
| Asia | South Korea's opposition party, KDP, has agreed to a 2-year moratorium on crypto capital gains tax, postponing its implementation to 2027. The proposed tax regime would have imposed a 20% tax on virtual asset gains, initially set to take effect in January 2025. |
| Oceania | Vallé discusses his return to music after a break since his 2022 EP, "Caged Birds." He reflects on rediscovering his connection to Papua New Guinea and how it influences his artistry. Vallé balances his music career with running a barbershop, showcasing his diverse talents. |
| Crypto | Base, the Ethereum Layer 2 network launched by Coinbase, has seen daily transactions surge by 1,600% from 372,000 in January to over 6.63 million in October 2024. Base's TVL skyrocketed from $439 million to $2.51 billion, marking a 470% increase and expanding its share of global on-chain TVL from 1.07% to 3.59%. |
##### Secret hash:
*12cefd5ec90bb931*