Turkey is one step away from regulating cryptocurrency trading.
According to the state-run Anadolu News Agency, Turkish Finance Minister Mehmet Simsek confirmed today that draft regulations to regulate crypto-assets in Turkey, which are expected to clarify licensing and operating standards for trading platforms, have reached their final stage. stage has been reached.
Şimşek stressed that the regulations are aimed at reducing the risks of trading crypto assets as well as helping the country get off the "grey list" of international financial crime watchdogs.
"Crypto-asset trading platforms will be licensed by the Capital Markets Board, and will require minimum operating standards... including certain conditions for founders and administrators, regulatory obligations and capital requirements," he added. .
According to a report released by blockchain analysis company Chainalysis, it ranks fourth globally in terms of cryptocurrency transaction volume, with around $170 billion over the past year, behind Turkey, the US, India and the UK. is at no.
#BTC #ARB

Honduras Special Economic Zone Recognized Bitcoin as Unit of Accoun
Honduras Special Economic Zone Recognized Bitcoin as Unit of AccounPróspera, a special economic zone in Roatan, Honduras, has officially recognized Bitcoin as a unit of account, meaning it can now be used to measure the market value of goods and services.
Jorge Colindres, the acting manager and tax commissioner of Próspera ZEDE (Zone for Employment and Economic Development), said the motive was to offer more financial fressdom to individuals and businesses operating in the area.
He also said entities will be able to report tax liabilities and pay the corresponding amounts in BTC after solving technological limitations with its eGovernance system as well as some external regulatory issues.
Próspera ZEDE was launched in May 2020 on the northern island of Roatan. The region made BTC legal tender in April 2022.
#BTC

"BRICS plus" is the most important global system for the future.

Trends Center for Research and Consulting

 released a new research study titled "New Horizons for BRICS in 2024", which deals with the historic expansion of the BRICS group with the addition of six new members from January 1, 2024, namely the United  United Arab Emirates, Saudi Arabia, Egypt, Argentina, Ethiopia, and Iran.

 The study, which was released in English and prepared by trends researchers Muza Al-Marzooqi and Serhat S. Çubukçuoğlu, shows that BRICS' expansion represents a turning point in the group's development, with  It has the potential to play an important role in reshaping the narrative.  Global governance, providing counterweights to existing institutions, and strengthening the global system.  More inclusive and fair.  This study is based on a comprehensive research methodology, including analysis of scholarly literature, statistical reports, and interviews with experts.

 Strong emerging economies.

 The study indicated that "BRICS Plus" is a strong group of emerging economies that represent about 37 percent of global gross domestic product, 42 percent of global oil production, and 72 percent of the world's reserves of rare metals.  .  Includes a diverse group of geographies and interests.  Economic, which gives this group more power and influence on the global scene.
 The study discussed the challenges facing BRICS Plus, including the need for formal structures, institutional energy, and a common agenda to strengthen the group and address complex global issues. In this regard, it  pushed for the establishment of a BRICS Secretariat, a more integrated approach to policy formulation.
 The study concluded that BRICS Plus has the potential to contribute to the creation of a more just and inclusive global system, pointing out that closer coordination and cooperation among member states is necessary to achieve this goal.  need of
#BTC #ADA

Officially, Saudi Arabia joins the BRICS group
On Tuesday, Saudi State TV announced that the country had formally joined the BRICS group of nations.
The foreign minister of Saudi Arabia had stated in August that the country would review the information before to the anticipated January 1 membership date and make "the appropriate decision."
The BRICS group was described as "a beneficial and important channel" to boost economic cooperation by Prince Faisal bin Farhan Al Saud.
With Saudi Arabia joining the United Arab Emirates, Egypt, Iran, and Ethiopia as new members, the BRICs bloc—which formerly consisted of Brazil, Russia, India, China, and South Africa—is about to double in size.
Geopolitical tensions between the United States and China, as well as China's growing influence within the kingdom, coincide with Saudi Arabia's admission.
Kingdo
Saudi Arabia is worried that Washington is not as dedicated to the security of the Gulf as it once was, therefore although maintaining close connections with the United States, it has become more independent.
China, the largest oil consumer in Saudi Arabia, has spearheaded calls for the BRICs to grow in order to offset the West.
The group's stated goal of becoming an advocate for the developing countries of the "Global South" may be strengthened by the expansion. Argentina made a hint in November that it would decline an invitation to participate.

Bitcoin down 7% loss within an hour, dropping below $42,000.
raghm alaintieashat alati shahidatha bitakwin mundh bidayat aleam aljari, lakinaha tarajaeat dun eatabat 42 'alf dular khilal taeamulat alyawm al'arbiea'a, litufqid nahw 7% min qimatiha khilal saeat wahida
- aleumlat almushfarat al'akbar ealamiana min hayth alqimat alsuwqiat saeidat min 42.5 'alf dular fi nihayat aleam almadi litasil 'iilaa mustawaan yaqilu qlylaan ean 46 'alf dular fi matlae eamin 2024 mustafidatan min alzakhm hial 'aswaq altashfir fi aleutlat wawast tazayud altawaqueat bishan almuafaqat ealaa 'iitlaq sanadiq mutadawalat fi albursat tastathmir bishakl mubashir fi bitakwin
#BTC #news

The Dollar's Drop? 25 Nations Get Ready to Enter the BRICS in 2024
The BRICS alliance, which consists of Brazil, Russia, India, China, and South Africa, is planning to add 25 new members in 2024. This will increase the group's economic and political influence in the world, and challenge the dominance of the US dollar in international trade. The new members will join the BRICS in using local currencies for trade, which will boost their financial autonomy and stability. The BRICS expansion and the shift away from the dollar will mark a new era of global economic relations, where developing countries have more say in their trade and financial policies..
#usd

Five countries are set to join BRICS next month.
Five major countries are set to join the BRICS alliance in 2024, expanding their global influence.
Iraq, Nigeria, Turkey, Mexico and Pakistan each bring unique strengths and strategic advantages to BRICS
As the BRICS economic bloc, initially made up of Brazil, Russia, India, China and South Africa, grows its global influence, the five largest countries are close to joining the influential bloc as early as 2024.
By joining these countries, BRICS is not only increasing its membership but also significantly expanding its geopolitical and economic influence.
The move marks a strategic shift in global power dynamics, challenging the current order and paving the way for a new era of multipolar cooperation.
The five countries set to join BRICS bring diverse strengths and perspectives to the table, each enhancing the alliance's ability to influence global trade, economics and politics.
Their integration into BRICS is a testament to the bloc's growing appeal and commitment to reshaping the global economic landscape.
Pakistan's Formal Application and Geopolitical Implications: Pakistan's formal application to join BRICS indicates its desire to diversify its alliance and strengthen ties with key global players.
While Pakistan's ties with Russia may facilitate its entry, India's opposition poses a challenge.
Nevertheless, the wider BRICS community appears open to further expansion, potentially paving the way for Pakistan's inclusion despite geopolitical complications.
Pakistan took a surprising step to join BRICS.:
Reshaping Global Alliances: The Evolutionary Dynamics of the BRICS:
The potential addition of these five countries to BRICS in 2024 is greater than the expansion of membership. It represents a fundamental shift in global integration and economic strategy.
These nations, each with their own unique strengths and challenges, stand to play a prominent role in the BRICS mission of creating a more balanced global economic order.
#BRICS

سعودی عرب کے ایک 90 سالہ عالم نے بٹ کوائن کو حلال قراردیا ہے،
جس کا کرپٹو کرنسی مارکیٹ پر مثبت اثر ہونے کی امید ہے۔
تفصیل
سعودی عرب سے تعلق رکھنے والے ایک 90 سالہ سلفی عالم نے ایک فتویٰ جاری کرکے ایک تاریخی اعلان کیا ہے جس میں اسلام کے تحت بٹ کوائن کو قانونی طور پر تسلیم کیا گیا ہے۔ اس خبر کی طرف زیادہ توجہ مبذول کرائی گئی ہے Bitcoin کے لیے عالم کی حمایت کرپٹو کرنسی کے مستقبل اور پوری دنیا میں مسلم گروپوں کی طرف سے اس کے حصول دونوں کے لیے اہم اثرات رکھتی ہے۔
*فتویٰ کے مضمرات**
بٹ کوائن کے لیے ایک مقبول سرمایہ کاری کے آلے کے طور پر فائدہ حاصل کرنے کا اس سے بہتر موقع کبھی نہیں تھا۔
نتائج
کرپٹو مارکیٹ کو سعودی عرب کے سلفی عالم کے فتوے نے ہلا کر رکھ دیا ہے، جس میں بٹ کوائن کو حلال قرار دیا گیا ہے۔ اس کی حمایت سے بٹ کوائن مسلم دنیا میں زیادہ مقبول ہو جاتا ہے اور اسلامی بینکاری میں درخواستوں کے لیے نئے مواقع پیدا کرتا ہے۔ مارکیٹ پہلے ہی اس خبر سے نمایاں طور پر متاثر ہو چکی ہے، جس نے بٹ کوائن کی قیمت کو اب تک کی بلندیوں تک پہنچا دیا۔ کرپٹو کرنسیوں پر مذہبی توثیق کے اثرات کی اہمیت بڑھ سکتی ہے
کیونکہ کریپٹو کرنسی کی مارکیٹ تیار ہوتی ہے۔
#BTC #etf

A 90-year-old Saudi Arabian preacher has proclaimed Bitcoin to be halal,
which is expected to have a positive impact on the cryptocurrency market.
*Heading.*
Saudi Arabian Cleric Declares Bitcoin Halal, Sending Shockwaves Through the Crypto Market
A 90-year-old Salafic preacher from Saudi Arabia has made a historic declaration by issuing a Fatwa that recognises Bitcoin as legal tender under Islam. More attention has been drawn to this news than even the immensely famous Bitcoin ETF, which has sent shockwaves through the cryptocurrency market. The cleric's support of Bitcoin has important ramifications for both the cryptocurrency's future and its uptake by Muslim groups across the globe.
**The Implications of the Fatwa**
There has never been a better chance for Bitcoin to gain traction as a popular investment tool.
*Results*
The crypto market has been rocked by the Saudi Arabian Salafic cleric's Fatwa, which declares Bitcoin to be Halal. With its support, Bitcoin has become more widely accepted in the Muslim world and creates new opportunities for applications in Islamic banking. The market has already been significantly impacted by this news, pushing the price of Bitcoin to all-time highs. The impact of religious endorsements on cryptocurrencies may grow in importance as the market for cryptocurrency develops
#BTC #etf

The yearly high and low token prices for $ADA from 2017 to 2023:

2017:
- High: $0.777385
- Low: $0.021477

2018:
- High: $0.049282
- Low: $0.025290

2019:
- High: $0.062137
- Low: $0.031464

2020:
- High: $0.196170
- Low: $0.032893

2021 (predicted):
- High: $1.756863
- Low: $0.708021

2022 (predicted):
- High: $0.721118
- Low: $0.328756

2023 (predicted):
- High: $1.191926
- Low: $0.677805

#ada
It's important to note that these predictions are based on various factors and may not necessarily reflect the actual price of $ADA in the future. As with any investment, it's important to do your own research and make informed decisions.