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⚠️⚠️⚠️The first weekly outflow from crypto-products in a month was recorded = -$528 million (against the inflow of +$245 million a week earlier) - Coinshares data
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🚨Give me a THUMBS-UP 👍, If you're praying for Trump to win the Election🇺🇸 tomorrow or Comment if You are praying for Kamala to Win Let see who will win here #USElections2024Countdown
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Trump's odds are back on the rise. 🟥 Trump • 57.7% chance 🟦 Harris • 42.3% chance Tomorrow is election day. #USElections2024Countdown
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One day until the U.S. election 🥁 //\\ 🤡 Get ready for HIGH volatility! #USElections2024Countdown
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⚡️INSIGHT: The Crypto Vote – A Potential Game-Changer? 🔶 73% of Crypto Owners Prioritize Candidates' Crypto Stance Recent insights reveal that 73% of U.S. crypto owners will consider a presidential candidate’s stance on crypto policy when casting their vote. 🔶 Could Crypto Owners Sway the Election? With nearly 20% of U.S. voters invested in cryptocurrencies, the crypto community could influence key states, especially swing states where even small voting blocs matter. 🔶 Rise of Single-Issue Crypto Voters Around 5% of crypto owners identify as single-issue voters, focused solely on a candidate's crypto stance. This dedicated segment may sway outcomes in tightly contested races. Conclusion Crypto policy could emerge as a pivotal issue in the upcoming election, with the potential to impact results, especially in closely contested areas. 👀 #USElections2024Countdown
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🚨 BREAKING: #Pakistan Proposes Major Changes to #SBP Act for Crypto and Leadership Eligibility 🔶 Amendments to the SBP Act The Government of Pakistan has introduced proposed changes to the State Bank of Pakistan (SBP) Act that would allow dual nationals to hold positions as governor or deputy governor and could pave the way for Bitcoin and other digital currencies to be recognized as legal tender. 🔶 Dual National Eligibility for Top SBP Positions If approved, these amendments would allow dual nationals to serve as the central bank's governor or deputy governor, expanding the pool of candidates for these key roles. This move is intended to bring in a broader range of expertise to the SBP. 🔶 Legalization of Digital Currencies A groundbreaking provision would legalize digital currencies, including #Bitcoin , potentially recognizing them as legal tender in Pakistan. This would mark a major policy shift, positioning Pakistan as a more progressive player in the global financial landscape. 🔶 Approval Process and Next Steps The amendments have been vetted by the Ministry of Law and will soon be presented to the federal cabinet. Upon cabinet approval, they will proceed to Parliament for final endorsement. Implications If passed, these changes could attract foreign investment, foster innovation, and potentially open new economic opportunities within Pakistan’s financial sector. This marks a significant step toward a modernized and inclusive approach to financial regulation in Pakistan.
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