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24-11-24
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#CryptoRegulation As of May 15, 2025, cryptocurrency regulation is evolving rapidly worldwide. In Pakistan, the government has established the Pakistan Crypto Council (PCC) to develop a regulatory framework for digital assets, aiming to attract foreign investment and integrate blockchain technology into the financial system . In the United States, the Securities and Exchange Commission (SEC) plans to create new rules for crypto tokens classified as securities, seeking to provide clear guidelines for lawful issuance, custody, and trading of crypto assets . Additionally, the U.S. Senate is expected to vote on the GENIUS Act, which proposes comprehensive stablecoin regulations, including mandatory reserve requirements and transparency in holdings . In the United Kingdom, the Financial Conduct Authority (FCA) has authorized GFO-X, the first regulated and centrally cleared digital asset derivatives trading platform in London, marking a significant step toward formal oversight of cryptocurrency trading . These developments indicate a global trend toward establishing clear regulatory frameworks for cryptocurrencies, balancing innovation with investor protection and financial stability.
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#BinancePizza Binance is celebrating Bitcoin Pizza Day 2025 with a variety of global events and promotions. From May 15 to May 28, users can participate in several activities to commemorate the historic first Bitcoin transaction for pizza. One of the main events is the Binance Pizza Day Referral Program, where users can earn "pizza boxes" containing up to $20 in BTC for each friend they refer who completes KYC and trades at least $200. Top referrers also have a chance to win a share of an additional $50,000 in BTC. Additionally, Binance Square is hosting a promotion where new users can complete tasks to share in a 5,000 USDC reward pool, while all users can create a post with the hashtag #BinancePizza to share in a 1,000 USDC reward pool. Binance +1 Binance +1 For those in Turkey, Binance TR is organizing an in-person meetup on May 17 at De Marke Agency in Ataşehir, Istanbul, offering free pizza and drinks to the first 200 participants.
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$BTC As of May 15, 2025, Bitcoin (BTC) is trading at approximately $102,171, reflecting a slight decline of 0.9% over the past 24 hours. In Pakistani Rupees, this equates to around PKR 28.8 million per BTC. The cryptocurrency market remains cautiously optimistic, bolstered by renewed institutional interest, particularly from BlackRock-led ETFs, and easing global trade tensions. However, investors are closely monitoring upcoming U.S. inflation data, as a lower-than-expected Producer Price Index (PPI) could influence expectations for a Federal Reserve rate cut later this year. Technically, Bitcoin maintains a bullish structure, with $100,000 serving as a key psychological support level. A decisive move above $105,000 could reignite upward momentum, but market conditions remain fragile amid rising exchange reserves and volatile altcoin activity. In Pakistan, the crypto market has seen a modest recovery, with the overall market capitalization increasing by 2.08% to reach $3.22 trillion. As always, investors are advised to stay informed and exercise caution in this dynamic market environment.
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