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Pakistan to Ban cryptocurrency services and prevent dealing

The government of Pakistan has suspended online cryptocurrency services in the country with the aim of preventing illegal operations related to digital assets. The Central Bank of Pakistan (SBP) and the Ministry of Information Technology have started work on banning cryptocurrencies, Minister of State...

Cyber attacks target digital assets in Japan and steal 721 million dollars for the benefit of North Korea

According to the results of a study by blockchain intelligence firm Elliptic, North Korea coordinated cyber attacks targeting Japanese digital assets and stole an estimated USD 721 million worth of digital assets between 2012 and 2017. This amount is equivalent to 30% of the...

Passing MiCA Legislation: The European Union Moves Towards Regulating Cryptocurrency Markets

The Economic and Financial Affairs Council of the European Union, composed of finance ministers from all member states, has approved the anticipated legislation for regulating crypto assets (MiCA) after voting on May 16. Finance ministers from the 27 member states voted in favor of the...

Raoul Pal says that digital currencies will outperform traditional assets in the face of currency debasement

The famous analyst expects digital currencies to be superior to gold, real estate, and stocks, as central bank currency debasement accelerates, leading to a shift in focus to digital currencies as a wealth protection tool. Pal surprised everyone earlier when he estimated that Bitcoin would...