Pakistan Proposes Permanent Ban on Crypto Services | Curated CoinCodeCap #18 May 2023
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Pakistan Proposes Permanent Ban on Crypto Services
The minister of state has announced a cryptocurrency prohibition for finance and taxation in Pakistan. The legislation banning cryptocurrency is being written by the Central Bank of Pakistan and others.
Pakistan has good reasons to desire to maintain its good standing internationally after being removed from the FATF’s grey list in October. Keep Reading »
SEC Urges Grayscale to Withdraw Trust Registration, Labels Filecoin as a Security
The registration statement for Grayscale’s Filecoin Trust was asked to be withdrawn by the SEC.
Grayscale stated that it “cannot predict” if the SEC will accept their justification. Keep Reading »
FTX leadership sues Sam Bankman-Fried over pre-bankruptcy $220M deal
FTX reportedly paid $220 million to acquire Embed through its American subsidiary on May 17 despite having allegedly “performed almost no due diligence” on the platform.
After declaring bankruptcy, FTX attempted to sell the platform, but the highest offer was only $1 million, a 99.5% decrease in price. Keep Reading »
Hong Kong launches e-HKD pilot program with 16 companies
The pilot program for the e-HKD’s central bank digital currency (CBDC) was presented by the Hong Kong Monetary Authority (HKMA).
Over a dozen use cases, sixteen banks and payment companies will participate. Keep Reading »
Zimbabwe Ignores IMF Warning, Sells Gold-Backed Crypto Tokens
The first gold-backed cryptocurrency sale by the Reserve Bank of Zimbabwe has been a spectacular success.
Despite a strong warning from the International Monetary Fund, Zimbabwe pressed forward with its intentions to sell gold-backed crypto tokens. Keep Reading »
US Chamber of Commerce labels SEC ‘Unlawful’ for Action Against Coinbase
The SEC has come under fire for its regulatory approach from Coinbase and the cryptocurrency industry, with the support of the U.S. Chamber of Commerce.
According to a court petition, Innovation has been impeded by the SEC’s delayed and ambiguous regulatory measures. Keep Reading »
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BIS releases guidelines for offline CBDCs payments
A thorough guide has been released by the Bank for International Settlements Innovation Hub with the aim of helping central banks adopt offline CBDC.
BIS claims that using CBDC for offline payments introduces new dangers linked to fraud, forgery, and privacy issues. Keep Reading »
NFT Market Analysis February 2023
Non-fungible tokens (NFTs) have exploded onto the scene in recent years, with a wide range of industries and individuals taking notice. From digital art and collectibles to music and even real estate, NFTs have disrupted traditional notions of ownership and value.
But with the market becoming increasingly crowded and prices soaring to dizzying heights, many are wondering whether this is just a passing fad or a sustainable trend.
In this article, we’ll take a closer look at the current state of the NFT market and explore the factors driving its growth and potential risks to be aware of. Keep Reading »
Market Updates
Tectonic Crypto: A Complete Guide for 2023
Tectonic is a cross-chain money market protocol that allows users to earn passive yield and access instant-backed loans with their crypto assets. Tectonic aims to provide users with seamless and secure lending and borrowing functionalities across different blockchains. Keep Reading »
Bone Token:Can Bone token hit $100?
BONE Tokens serve several purposes within the Shiba Inu ecosystem. Holders of BONE can participate in governance by voting on critical decisions. Additionally, BONE Tokens can be staked or utilized for liquidity provision on ShibaSwap, which can lead to rewards. Keep Reading »
AMP Price Prediction and Analysis: Can It Reach New Highs
Amp (AMP) crypto lets you transfer value instantly and securely across different networks and platforms. It works as collateral that guarantees payments and reduces fraud and chargebacks. Amp crypto is used by the Flexa network, which lets you spend crypto at various merchants. Amp also supports other use cases like lending, exchange, and remittance. Keep Reading »
When will Shiba inu coin reach $1? Price Analysis of SHIB
As of May 1, 2023, SHIB is trading at around $0.000010 per token. It has a market capitalization of about $6 billion, making it the 15th largest cryptocurrency by that measure. It has a circulating supply of 589.6 trillion tokens and a total supply of one quadrillion tokens.
SHIB has experienced a lot of volatility in its price history, reaching an all-time high of $0.000032 on May 10, 2022, and an all-time low of $0.00000006 on November 28, 2020. In addition, it has also been affected by broader crypto market trends, such as the bull run in early 2022 and the crash in late 2022. Let’s take a look at the chart for trend analysis Keep Reading »
How to Buy Dogecoin on eToro: A Complete Guide
Dogecoin is the most popular memecoin in the market today. Dogecoin has a loyal fan army who support its charitable and social causes and its fast and low-cost transactions.
If you want to join the Dogecoin community and buy some DOGE coins for yourself, you need a reliable and secure platform. One of the best options is eToro, a leading social trading platform offering a wide range of assets, including cryptocurrencies. eToro is regulated by multiple authorities, supports various payment methods, and provides a user-friendly and intuitive interface.
Here, you will get all info on how to buy Dogecoin on eToro . In addition, We will also cover some of the benefits that eToro offers to enhance your trading experience. Keep Reading »
Top 3 Best Gaming Cryptos for May 2023
ILV is the native token of Illuvium, a decentralized open-world RPG game that features stunning graphics and immersive gameplay. Illuvium allows players to explore a vast world, capture and battle creatures called Illuvials, and trade them in the marketplace. Additionally, ILV is used to stake, govern and earn rewards in the game. ILV had a great rally lately, reaching an all-time high of $1,604 on November 30th. ILV is trading at around $45, with a market cap of over $121 million. Keep Reading »
What Can You Buy With 10 Bitcoins Today? A Lot More Than You Think!
Bitcoin’s price fluctuates depending on supply, demand, market sentiment, and events. As of May 6, 2023, one bitcoin is worth about $29,378, meaning 10 bitcoins are worth about $293,780. That’s a lot of dough! On the other hand, this is a significant increase from the all-time low of $0.04865 in July 2010, when you could barely buy a gumball with one bitcoin. And it is a substantial decrease from the all-time high of $68,789.63 in November 2021, when you could buy a small island with one bitcoin. Keep Reading »
Top 3 Crypto to Buy in Summer 2023
Finally, we can’t discuss the top cryptocurrencies to keep an eye on without mentioning Bitcoin. Bitcoin is the original cryptocurrency and still the most valuable. If it manages to cross the big $30k hurdle with good volumes, then predictions go as high as $100,000. Keep Reading »
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