Month: February 2025

Nigerian authorities ask for a fine of 79.5 billion dollars against Binance


  • The federal government of Nigeria sue Binance for a fine of 79.5 billion dollars.
  • The Government demands $ 2 billion in backward taxes for 2022-2023.
  • Binance is accused of tax evasion and operating without a license.

In an unprecedented escalation of legal confrontations, the federal government of Nigeria has filed a new demand against the cryptocurrency giant, Binance, demanding an amazing fine of 79.5 billion dollars.

This legal action occurs in the middle of ongoing disputes that have seen Binance entangled in a network of regulatory challenges within the country.

According to sources Familiar with the new development, the Quid of the demand filed by the Nigerian authorities includes not only the fine of 79.5 billion dollars, but also a demand of $ 2.001 million in backward taxes for the 2022 and 2023 years.

The Federal Internal Tax Service (FIRS) is pressing specifically to obtain detailed financial records of Binance for these years, stating that the exchange has been illegally operating, contributing to the depreciation of the Naira and not complying with fiscal obligations.

The case of the Nigerian government against Binance is multifaceted, accusing the exchange of cryptocurrencies of multiple tax evasion and operating charges without the necessary licenses for more than six years.

The Government had also included money laundering charges, although it later withdrew the charges in October 2024.

Binance problems in Nigeria

The legal problems of Binance intensified after the arrest of two Binance employees, Tigran Gambaryan and Nadeem Anjarwalla, in 2024.

Although Gambaryan, a former IRS agent, was subsequently released thanks to the intervention of the United States and has filed humanitarian demands against Nigeria, Anjarwalla managed to escape from custody and its current location remains a mystery.

The financial demands in the new demand are substantial, with additional fines and interests calculated based on the credit policies of the Central Bank of Nigeria.

The government seeks an annual fine of 10% together with an interest rate of 26.75% on unpaid taxes, demonstrating the severity of financial claims against Binance.

It should be noted that the new demand adds another layer to the already complex relationship between Binance and the Nigerian authorities. The previous accusations have included statements that Binance offered $ 5 million to resolve the case of Gambaryan and address other regulatory violations, although the details in this regard are scarce and Binance has not yet responded to requests for comments on these developments.

The result of this demand could have significant implications not only for Binance operations in Nigeria, but also for the broader approach to the cryptocurrency industry with respect to compliance and regulatory commitment in the largest economy in Africa.

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Bitcoin Pepe’s presale reaches 2.77 million dollars while a survey shows that memecoins rewards exceed the risks


  • Bitcoin Pepe’s presale reaches 2.77 million dollars as the impulse increases.
  • Enthusiasts believe that the Libra scandal demands a clearer regulation of memecoins.
  • Kraken’s survey shows that 76 % of investors believe that Memecoins rewards exceed risks.

Bitcoin Pepe, announced as the only ICO of Bitcoin Meme in the world, has been news by raising 2.77 million dollars of its pre -sale target of 2.85 million dollars in its fourth stage of presale.

The Bitcoin Pepe presale It is structured in such a way that the price of token BPEP increases as presale stages advance. For example, with the fourth stage almost completed, the price is expected to increase the current price of $ 0.0243 per token at 0.0255 dollars in the fifth stage of presale.

It should be noted that the Bitcoin Pepe project aims to bring Solana similar to the Bitcoin block chain, introducing concepts such as a MEME CAPA-2 for BTC with instantaneous transactions and ultrabajas rates. The initiative also includes the launch of a new Token standard, PEP-20, which allows the creation of Memecoins directly in Bitcoin, which they claim is the only block chain that “will live forever.”

The regulatory challenges that stand out after the pound scandal

Although Bitcoin Pepe seems to be a success, the Memecoins market was recently mired in the confusion after the dismantling of Libra, which was expected to be a successful crypto project after receiving the support of Argentine President Javier Milei.

After the Debacle de Libra, which is partly attributed to a possible traffic of privileged information, Nic Puckrin, Coin Bureau, has criticized US regulators for not providing a framework that could prevent such incidents.

According to Puckrin, this emptiness has allowed fraudulent schemes to proliferate, which has led to ask for agencies such as SEC or CFTC. However, there is a counter -argument: some, such as Christopher Perkins, suggest that memecoins already enjoy a certain degree of regulatory clarity by virtue of the laws on basic products, although the broader legal panorama remains gray for these digital assets.

76 % of Memecoins investors believe that rewards exceed risks

Despite the risks associated with memecoins, A recent Kraken survey It reveals a surprisingly positive perspective about memecoins.

According to the survey, an overwhelming 76 % of investors believe that the possible rewards of investing in Memecoins justify the risks involved. This feeling is backed by 85 % of American cryptocurrency holders who have ventured in the Memecoins market, driven by factors such as prices volatility, fomo and social support.

Interestingly, although both sexes invest in Memecoins at similar rates, the survey shows that women tend to be more cautious, generally assigning a smaller portion of their portfolio to these high -risk assets. The survey also emphasizes that, although many are optimistic about the performance of the memecoins in 2025, most still addresses these investments with caution, dedicating only a small fraction of their portfolio to the memecoins. This cautious optimism reflects a broader understanding of the role of memecoins in the crypto ecosystem, not only as speculative assets but also as a source of entertainment and diversification.

That said, La Memecoin Bitcoin Pepe (BPEP) Take advantage of Bitcoin’s safety and Solana speed, offering investors an attractive memecoin alternative that will possibly eclipse the memecoins previously launched.

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The general director of Blockstream states that the market “is not optimistic enough” with respect to the BTC: Is there a great optimism for Bitcoin Pepe?


The cryptocurrency market witnessed a certain bullish action on Thursday, since cryptocurrency traders followed the example of the feeling to start positioning again.

While the market can still fall, analysts are optimistic about what is coming for Bitcoin. The Blockstream CEO, Adam Back, says that Bitcoin will recover strongly. In the short term, analysts say that an increase in appetite for risk will catalyze huge profits for tokens. What does this mean to Bitcoin Pepe (BPEP)?

If BTC becomes parabolic in 2025, could it be now the time to buy BPEP?

Blockstream CEO says that “sellers can only sell once”

Blockstream CEO, Adam Back, is extremely optimistic about Bitcoin.

According to him, the sale pressure that has recently limited BTC will fade. Meanwhile, the purchase pressure promoted by the adoption of ETF and treasury will catapult up rising prices.

“Some fundamental bitcoin data for those who are not optimistic enough… sellers can only sell once and the current purchase pressure of the ETFs, the treasury and DCA companies is 4 to 5 times the mining supply rate, In BTC exchanges it is reducing, etc. And the institutions are just beginning. You are not optimistic enough, ”he shared through X.

What does this mean for the Altcoins and the rest of the market? Could Bitcoin’s presale be an opportunity to buy?

Why are cryptocurrencies excited about Bitcoin Pepe?

According to QCP Capital analysts, the market in general can be prepared for large movements in the future. In an X of February 20, the platform indicated that the cryptocurrency market is gaining impulse, with the approval of Brazil of the first XRP ETF in the world’s cash as a great impulse.

There are also multiple applications for other ETF of Altcoin. The approval in 2025 could light the rest of the market, combining with Trump’s pro-descriptomoned posture to generate a dramatic change in the impulse.

“With the macro conditions that seem favorable, are we preparing for another important movement of the market?” The analysts said.

If the scenario develops as analysts think, then Bitcoin Pepe could be one of the tokens to buy in these first months of 2025. The project, currently in presale, takes Bitcoin to Solana through its PEP-20 standard. The only ICO of BTC memes in the world is a trend, even in Germany.

https://twitter.com/bitcoinpepe_/status/189253101938151481

Bitcoin Pepe: Capa 2 meme for BTC

As layer 2 for memes in BTC, Bitcoin Pepe takes advantage of the tools that the leader of Memecoins have made solar and takes them to Bitcoin. It is a completely new market with great potential, and BPEP stands out as the pioneer.

Without a doubt, the space of Memecoins in Solana has had difficult moments with scandalous releases such as the recent memecoin Libra. However, experts argue that the Solana Blockchain network is the highlight of the new trend and will continue to surpass the rivals in this.

Therefore, Bitcoin Pepe’s L2 initiative has the potential to boost not only Bitcoin’s scalability, but also its usefulness. BPEP seeks to provide opportunities to BTC, adding to its value reserve characteristic with a new Memecoins ecosystem.

Investors who trust decentralized finances and the potential of Memecoins in Bitcoin are also optimistic with Bitcoin Pepe.

The project has raised more than 2.8 million dollars, but with the presale price of only 0.0243 dollars, it could be a huge bargain. It should be noted that the price of the BPP ICO will increase 5 % at each stage of the presale.

For more information about Bitcoin Pepe, visit the Official website.

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Investors could buy in the fall, since Cryptoquant predicts that BTC will reach $ 86k


Key conclusions

  • Cryptoquant predicts that BTC could fall to $ 86,000 in the middle of low demand and a decrease in network activity.
  • Idegen’s presale approaches 24 million dollars before the price of the token next week.

The price of BTC could fall to $ 86,000, says Cryptoquant

Bitcoin, the leading cryptocurrency for market capitalization, has been oscillating in recent days. At the time of publication, the Bitcoin price It is 96 908 dollars, an increase of 1.5 % in the last 24 hours. However, Cryptoquant analysts predict that the downward pressure still persists, which runs the risk of a deeper setback to $ 86,000.

According to Cryptoquant analysts, the decrease in demand, the hesitant activity of the block chain and the lack of liquidity inputs to the market are the main catalysts that could drag BTC down.

The drop to the $ 86,000 mark could serve as an opportunity for investors to buy the fall, with the long -term perspective of the market still bullish.

What is Idegen?

The changing market condition has not affected the financing of new projects in the cryptocurrency market. Idegen It is a leading project of Memecoin and Ia that has attracted millions of dollars of investors.

It is a memecoin that would offer a massive utility to its users through the launch of several products and services. Idegen has already raised almost 24 million dollars and will use the funds to develop their products.

According to the technical report, the team explained that Idegen is a memecoins project that takes advantage of the benefits of AI to create the next memecoin of one billion dollars. It is an AI tool that works mainly as such.

Idegen also evolves and adapts continuously taking advantage of the feeds of the community in X. While Idegen is driven by AI, X users finally raise the tool.

The native token, $ IDGN, will boost all the various activities within the ecosystem. The launch of $ IDGN as Memecoin is due to the recent growth of the memecoins narrative in the crypto space. The narratives of AI and Memecoin were the best performance in 2024, providing thousands of percentages in ROI to investors.

In addition, the Token $ IDGN will be launched in the exchanges in less than a week after a presale of success. Once it enters operation, it could become one of the tokens with the best performance in the cryptocurrency market in general.

With the IdeGen tool, users can feed their data through tweets, labels and comments. The IdeGen tool absorbs the publication and adds it to its knowledge base; This is how he learns. In addition, Idegen publishes in X every 60 minutes and can generate and publish memes.

Idegen’s presale approaches 24 million dollars

Less than a week that $ Idgn is launched in the exchanges, the presale Idegen It quickly approaches the 24 million dollars. In the current stage, the Token $ IDGN is worth 0.0314 and its price will increase to 0.0345 dollars in the next stage. In the final presale stage, it will be worth $ 0.038, which will give the first investors a massive ROI before the Token throws into the exchanges.

The presale will end in six days and the Token $ IDGN will be included in centralized and decentralized exchanges from February 27.

Why buy the token $ idgn now?

With the presale Idegen That concludes in six days, investors might think that this project has been lost. However, buying tokens $ IDGN could now be an excellent opportunity to enter the project from the beginning.

This project and its native token could be among the best market performance in the coming months. The technical report indicates that Idegen offers a unique value proposal, which makes it an interesting memecoin.

Your native token $ IDGN could obtain massive adoption within Idegen and the broader crypto ecosystem, since its tool offers an excellent case of use. With a high level of adoption, the first investors could obtain an excellent return on investment once $ IDGN enters into operation in a few days.

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Coinbase achieves an important victory while the SEC prepares to withdraw demand


  • Coinbase says that the SEC agreed to dismiss its demand against the exchange of cryptocurrencies based in the US.
  • The SEC demanded Coinbase in 2023, but with the departure of Gary Gensler, the regulator is looking for a better regulatory approach.

The American cryptocurrency exchange platform Coinbase is ready for a historical event after the Bag and Securities Commission (SEC) allegedly agreed to dismiss its own demand against the platform.

Coinbase announced the great news in a Blog post Friday, February 21. The executive director of Coinbase, Brian Armstrong, also shared the event in a interview With CNBC Squawk Box.

“The SEC staff agreed in principle to dismiss their case of illegal execution against Coinbase, subject to the commissioner’s approval, correcting an important error,” wrote the legal director of Coinbase, Paul Grewal.

The executive director of Coinbase, Brian Armstrong, also shared the news through X.

The sec and coinbase are updated

According to the Exchange, the regulator’s decision to withdraw the case is produced after an agreement that does not imply any economic sanction against Coinbase.

The next step is that the SEC commissioners ratify the agreement and end an important legal obstacle that made the US cryptocurrencies backward. UU.

“While dismissal will be a great victory for the rule of law, and a clear claim of our position, especially will be a victory for the entire industry and the 52 million Americans who have had a digital asset,” Grewal added.

The SEC filed its lawsuit against Coinbase in 2023, accusing the Exchange of operating an unregistered bag of values. Demand also included accusations of offering unregistered values. Coinbase challenged the charges and requested a dismissal, and the industry actors criticized the then president of the SEC, Gary Gensler, to overreach in the midst of a regulation approach per application.

It should be noted that the SEC had also sued Binance, the world’s largest cryptocurrency exchange by volume of operations. Another exchange that is in the sights of the “dishonest” agency is Kraken.

However, things in the stock control agency have taken a favorable turn to cryptocurrencies since the choice of Donald Trump and the departure of Gensler and other commissioners.

The interim president Mark Uyeda has formed a working group on cryptocurrencies and has renamed a compliance unit amid the search to balance compliance and the need to protect investors.

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Idegen’s price (IDGN) could reach 0.1 dollar after inclusion in the Bitmart stock market


  • Bitmart Exchange is expected to include Idegen (IDGN) on March 4.
  • Only four days are missing for the end of Idegen’s presale.
  • After its contribution, Idegen (IDGN) is expected to increase to 0.1 dollar from the last price of the pre -sale stage of $ 0.038.

Idegen (Idgn), a memecoin driven by AI, is capturing attention with its presale that exceeds 24 million dollars. Only four days after the deadline of February 26, 2025, this provocative project has lit a frenzy between investors and users equally.

Idegen, which promises a mixture of the chaos of AI without filters and an explosive growth potential, is prepared to go from being a viral experiment to an important actor within the memecoins space, and Its confirmed inclusion in Bitmart will amplify your trajectory.

A viral sensation driven by innovation of AI

Since its inception, Idegen has prospered thanks to an unconventional approach, training its conscious exclusively in conversations in X un moderate. The IA publishes every hour, responds to each interaction and often generates controversy with its raw comments and inspired by users.

This style without filters has led to multiple prohibitions of X, each of which, paradoxically, increases its visibility, with publications that accumulate thousands of visits and generate 2.6 million social impressions.

The project route map shows a series of updates, since its launch based on text V1 in X until the launch of V3 with autonomous video content in Rednote, taking advantage of Chinese markets after the legalization of cryptocurrencies.

A second AI agent built on the Deepseek R1 model positions Idegen in the rivalry of East-West, while adaptive staking with up to 10,000 % APY attracts long-term traders.

These advances, combined with a tokenomic structure that assigns 80 % to presale, 10 % to liquidity and 10 % to Staking rewards, reflect a strategic combination of focus on the community and avional ambition.

Bitmart’s price indicates an explosive potential after presale

With the presale clock running and an expected price in Decentralized Exchange plan of 2025.

This milestone marks a fundamental change, giving access to almost one billion dollars in liquidity and raising a niche presale favorite to a broader market contender.

Currently with a price of 0.0345 dollars with an adjustment of next stage to 0.038 impending dollars, the Token has already generated amazing returns of 31,264 % since its inception.

After the price, market observers anticipate that the Idegen (IDGN) price could explode at 0.1 dollar, driven by their viral impulse, staking rewards that offer up to 10,000 % APy and the advertising hype that surrounds its debut In Bitmart.

For those who are interested in a piece of this madman’s dream, time advances to buy before the price increased after the presale changes their narrative.

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Idegen and the main alternative cryptocurrencies show strength despite Bybit’s hacking


The cryptocurrency market fell 3.6 % in the last 24 hours, with a total market capitalization of 3.3 billion dollars. The main ALTS, including Ethereum, XRP and Solana, have shown strength amid small falls.

Since the industry has just witnessed the theft of 1400 million dollars from Bybit (the largest hacking in the history of cryptocurrencies), resistance has made investors even more optimistic.

While traders monitor the situation, part of the attention focuses on Idegen (IDGN). The AI ​​agent token has attracted notable 24 million dollars in presale so far. But what makes it a trend?

According to the IdeGen presale pagethe project is quoted in the exchanges as of February 27, 2025.

The industry praises bybit’s response after the caring of 1400 million dollars

On February 21, Bybit confirmed that he had suffered the greatest hacking in the history of cryptocurrencies. Just a few hours later, the cryptocurrency researcher Zachxbt returned with details of who were the computer pirates.

According to the block chain detective, 401k ETH worth more than 1400 million dollars looted by bybit was linked to the Lazarus group. The computer pirates collective backed by North Korea would be behind Phemex hacking and many others.

But the caring of 1400 million dollars stands out as the largest, since the theft represents 16 % of all the hackeos denounced. That is scary. However, despite the initial panic and the wave of Bybit funds, the exchange has received applause by how he handled the consequences of the attack.

BYBIT processed retreats

Since the CEO of Bybit, Ben Zhou, personally took care of the updates of official communication, Bybit seems to have managed the situation better than many previous hacks.

The exchange also said he was solvent and could handle retreats For your customers, with backed assets 1: 1.

It is also important to note that the actors in the industry and the rival exchanges were ready to provide support. In an update, the CEO of Bybit said that support through bridge loans had helped the Exchange to collect amounts equivalent to 80 % of the hacked funds. Bitget also sent 40,000 ETH for a value of more than 105 million dollars as part of the support.

With Bybit seeking to overcome the incident, investors are optimistic. The projection is that 2025 is still an upward market and in the coming months they could be massive.

Idegen raises 24 million dollars before contributing in the exchanges on February 27

Idegen, with the native Idgn token, is a project promoted by artificial intelligence in the AI ​​agents market. While the culture of Memecoins is a segment that has gained impulse after the rise of cryptocurrency and AI integration.

Now Idegen is just 5 days after Idegen debut in the market. https://twitter.com/idegen_updates/status/1893272800485339324

With projects such as Virtuals Protocol and Ai16z, entering the interest of the market, an opponent who takes advantage of a unique model has a great appetite of investors. This is because Idegen took a completely blank AI agent and handed it to users. Without limits or other similar restrictions. Only an AI agent and the unquestion of users, first in X and then in Telegram and Tiktok.

The result is a massive community, with more than 24 million dollars collected as the experiment takes solid steps towards dominating agents tokens space. Idegen ends the presale on February 26. 24 hours later, on February 27, the Token Idgn will be in its first exchanges.

It should be noted that Idegen has announced an upcoming price in the Bitmart cryptocurrency exchange. This is one of the main CEX platforms of the market and will list Idgn on March 4, 2025.

Currently, Idegen’s presale price is 0.0345 dollars. In the final stage, this price will jump to $ 0.038. If the impulse after the price is combined with possible bullish catalysts in the world of cryptocurrencies, the value of the token could exploit. For more information, visit the Official website of the project.

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More than $ 1 billion liquids in 24 hours


The cryptocurrency has witnessed a mass sale in the last 24 hours, caused by the recent fallcoin fall (BTC) below $ 30,000. As a result, the positions of hundreds of thousands of cryptocurrency merchants were settled. For example, Coinglass data shows that more than one billion dollars have been eliminated in commercial positions in the last 24 hours.

Multimillionaire elimination

The operators waiting for a rebound were the most affected by the correction, since the previous day almost 750 million dollars were settled in long positions. Volatility also affected those who bet that cryptocurrencies will fall in a straight line, since almost USD 200 million in short positions were eliminated during the same period.

With a bearish impulse that took care of the cryptocurrencies, the merchants who tried to timed Ethereum (ETH) suffered their largest liquidations on May 9 with 152,380 ETH for a value of almost 340 million dollars. However, at the time of writing this article, the price of Ethereum has recovered a bit and is at $ 2379.

Bitcoin is also affected by the fall

Bitcoin merchants were not saved from the fall of the market, since 11,040 BTC worth $ 333.53 million were decimated when the king’s currency fell below the psychological brand of 30,000 dollars, a level that I had not seen Since July 2021.

In number three is the decentralized financial payments network (Luna). Coinglass informs that 1.97 million moon have been liquidated, for a value of more than $ 55 million. This was probably related to the problems that the project was experiencing with its stable currency (UST). There will still be more information about this.

In general, several important merchants were surprised by the fall of BTC below $ 30K. Bitcoin is currently back at $ 31,500. However, it is still questionable if you really have a bottom.

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Cryptotoer Jeremy Spence receives 42 months in prison


A 25 -year cryptocurrency merchant from Rhode Island, Jeremy Spence, also known as “Coin Signals” on social networks, was sentenced to 42 months in prison. He was accused of defrauding 170 people for more than $ 5.37 million.

False investment funds

The Department of Justice (DOJ) issued a press release that said Spence had been operating several crypto -version funds between November 2017 and April 2019. These include Coin Signals Bitmex Fund, Coin Signals Alternative Fund and Coin Signals Alternative Coin Signals Term Fund.

Investors interested in the fund would transfer cryptocurrencies such as Bitcoin and Ethereum A Spence, who in turn made false promises of high yields. Judge Lewis Kaplan of the United States District Court for the Southern District of New York said:

“Spence requested more than $ 5 million through false statements, including that Spence’s cryptocurrency trade had been extremely profitable when, in fact, its trade was not profitable.”

Returns Claims of 148% monthly

On January 28, 2018, Spence published in an online chat group stating that their commercial skills generated yields of more than 148 percent in just one month. This encouraged investors to transfer additional funds to Spence. The Department of Justice continued to say:

In fact, Spence’s trade resulted in net losses in the accounts in which he negotiated investor funds during the same period of approximately one month. Spence used new funds to cover losses and make payments to former investors. This allowed him to continue cheating and raise more money. The Department of Justice added:

“To hide their commercial losses, Spence used new investor funds to pay other investors in a ponzi-esque way.”

A restitution bill of $ 2,847,743

Spence used cryptocurrencies of new investors for a value of approximately $ 2 million per judicial presentation to distribute the old investors. Judge Kaplan told the defendant:

“What caught my attention was the stupidity of the people you helped invest with you. There are real implications for these pranks and are serious. ”

Spence, who declared himself guilty last November, will also be released under three years supervision and must pay a restitution of $ 2,847,743 to those who were attacked.

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Nigeria introduces new rules for cryptocurrencies


Nigeria wants more clarity about digital currency trade. That is why the country has launched new rules for cryptocurrencies. Nigeria’s stock market and values ​​commission published “Rules on the issuance, platform offer and custody of digital assets” For virtual technologies, said the commission in Your website.

Second large commercial volume

These rules apply to digital assets regulated by the SEC. By providing more clarity on these rules, it could increase trade in the country, according to Bloomberg. It would be better to say: increase even more.

Nigeria is responsible for the second largest volume of cryptocommerce in the world, according to Bloomberg. “Nigeria represents the largest volume of cryptocurrency transactions outside the US.”read in the article. The only doubtful thing about this statement is that the news platform cites another platform, without citing a link to the source.

The SEC wants to protect investors’

Nigeria banned cryptographic transactions of financial institutions last year, which could also affect the numbers referred to by Bloomberg. You wouldn’t expect it, but banks do not have it easy with this option. The Central Bank of the country imposed huge fines for four banks for not completely monitoring these transactions.

Nigeria SEC said last year that it would try to protect investors and make the market more transparent. “The regulation could act as the precursor of a surprise movement of the Central Bank to reverse its approach, sitting a critical basis for the massive adoption of cryptography throughout the country ”Said Owen Odia, from Luno cryptocurrency exchange, in an email to Bloomberg.

These are probably the rules that the SC spoke at that time. It is questionable if this would really help, but a little patience is needed.

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