ZubairKhassan
@Square-Creator-750e1e7dbac1
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$AMP hold or close guys ???? give me signal
⚡️ AIRDROP DATE
Alright, frens. We’re ready to announce the listing date!
Mark this day on your calendar, set alarms and reminders. Inform all your acquaintances. This moment is closer than it seems.
24.10 — AIRDROP OF $X TOKENS
Day X is coming soon! 🪙
Alright, frens. We’re ready to announce the listing date!
Mark this day on your calendar, set alarms and reminders. Inform all your acquaintances. This moment is closer than it seems.
24.10 — AIRDROP OF $X TOKENS
Day X is coming soon! 🪙
CATS 🐈
what your opinion ?
what your opinion ?
🚀$𝗖𝗔𝗧𝗦 𝗟𝗔𝗨𝗡𝗖𝗛𝗜𝗡𝗚 𝗗𝗔𝗧𝗘 𝗔𝗡𝗗 𝗦𝗧𝗔𝗥𝗧𝗜𝗡𝗚 𝗣𝗥𝗜𝗖𝗘 𝗥𝗘𝗩𝗜𝗘𝗟𝗘𝗗🚀
Are you ready for the next big thing in the crypto space? The highly anticipated $CATS token is set to make waves as its official launch date approaches! While the team keeps the exact date under wraps, we're expecting the announcement any day now, and the buzz around its debut price is off the charts.
🟢 𝗪𝗵𝗮𝘁’𝘀 𝘁𝗵𝗲 𝗽𝗿𝗶𝗰𝗲 𝗴𝘂𝗲𝘀𝘀?
With a lot of chatter in the community, experts predict that $CATS might start anywhere between $0.005 to $0.02. Early adoption and high interest could potentially push it towards the higher end of the spectrum.
🔥 𝗪𝗵𝘆 𝘁𝗵𝗲 𝗵𝘆𝗽𝗲?
$CATS is not just another meme token. It’s packed with features designed to engage and reward holders, making it more than just a fun investment. Plus, with the backing of a strong community and unique use cases in development, $CATS has all the ingredients for a successful launch.
💡 𝗗𝗼𝗻’𝘁 𝗺𝗶𝘀𝘀 𝗼𝘂𝘁!
Make sure you're ready before the official date drops. Stay tuned for the latest updates and keep your eye on the launch. Early investors may have the chance to grab $CATS at a price that could skyrocket once it hits the market.
BinanceLaunchpoolHMSTR HMSTRprediction CATIonBinance Write2EarnTR #catseason #BTCPredictedNewATH BTCReboundsAfterFOMC FTXSolanaRedemption altsesaon BullRunAhead SuperMacho CryptoInvesting AltcoinSeason #CATIonBinance
Are you ready for the next big thing in the crypto space? The highly anticipated $CATS token is set to make waves as its official launch date approaches! While the team keeps the exact date under wraps, we're expecting the announcement any day now, and the buzz around its debut price is off the charts.
🟢 𝗪𝗵𝗮𝘁’𝘀 𝘁𝗵𝗲 𝗽𝗿𝗶𝗰𝗲 𝗴𝘂𝗲𝘀𝘀?
With a lot of chatter in the community, experts predict that $CATS might start anywhere between $0.005 to $0.02. Early adoption and high interest could potentially push it towards the higher end of the spectrum.
🔥 𝗪𝗵𝘆 𝘁𝗵𝗲 𝗵𝘆𝗽𝗲?
$CATS is not just another meme token. It’s packed with features designed to engage and reward holders, making it more than just a fun investment. Plus, with the backing of a strong community and unique use cases in development, $CATS has all the ingredients for a successful launch.
💡 𝗗𝗼𝗻’𝘁 𝗺𝗶𝘀𝘀 𝗼𝘂𝘁!
Make sure you're ready before the official date drops. Stay tuned for the latest updates and keep your eye on the launch. Early investors may have the chance to grab $CATS at a price that could skyrocket once it hits the market.
BinanceLaunchpoolHMSTR HMSTRprediction CATIonBinance Write2EarnTR #catseason #BTCPredictedNewATH BTCReboundsAfterFOMC FTXSolanaRedemption altsesaon BullRunAhead SuperMacho CryptoInvesting AltcoinSeason #CATIonBinance
hoops
🚨XRP Holders Are Free: Insights from a Former SEC Lawyer on Gary Gensler’s Lawsuit Against Ripple🚨
🔶 Understanding the SEC's Position
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has become a focal point in the cryptocurrency landscape. Former SEC lawyer John Deaton recently asserted that the lawsuit led by SEC Chair Gary Gensler is specifically aimed at Ripple and does not implicate XRP holders. This perspective has significant implications for the ongoing discourse around digital assets.
🔶The Lawsuit Unveiled
In December 2020, the SEC filed a lawsuit against Ripple Labs, claiming that the company had conducted an unregistered securities offering through its sale of XRP. The SEC's assertion rests on the idea that XRP should be classified as a security rather than a currency. This classification would impose stricter regulations on Ripple and its operations.
🔶 Clarity for XRP Holders
Deaton’s commentary offers a sense of relief for XRP holders who have been embroiled in uncertainty since the lawsuit was filed. He argues that the lawsuit targets Ripple specifically and not the broader community of XRP holders. "XRP holders are free," he emphasized, indicating that the legal implications are confined to Ripple’s actions rather than the ownership of XRP itself.
🔶The Distinction Between Ripple and XRP
The crux of the debate lies in the distinction between the company Ripple and the cryptocurrency XRP. While the SEC argues that Ripple's sales constitute an unregistered security offering, Deaton points out that this does not affect the status of XRP as a cryptocurrency. This distinction is crucial for investors who fear repercussions from the ongoing litigation.
🔶 Implications for the Crypto Market
The legal proceedings against Ripple have broader implications for the cryptocurrency market. Many investors have been wary of engaging with XRP due to the uncertainty surrounding its regulatory status. Deaton’s interpretation suggests that if the lawsuit is strictly against Ripple, this could pave the way for greater clarity and confidence among XRP holders and potential investors.
🔶 The Future of XRP
If the court ultimately rules in favor of Ripple, it could set a precedent for how cryptocurrencies are classified and regulated in the United States. Deaton believes that a favorable outcome for Ripple would not only benefit XRP holders but also provide a clearer regulatory framework for other digital assets, promoting innovation and investment in the space.
🔶The Role of Regulatory Bodies
Gary Gensler’s aggressive stance on cryptocurrency regulation has drawn both support and criticism. Proponents argue that a regulatory framework is necessary for consumer protection and market stability, while critics contend that overly stringent regulations stifle innovation. Deaton’s insights suggest that the SEC's actions against Ripple might be an overreach that could ultimately harm the regulatory landscape for cryptocurrencies.
🔶 XRP’s Resilience
Despite the ongoing legal challenges, XRP has demonstrated remarkable resilience. The cryptocurrency has continued to be actively traded and has maintained a significant presence in the market. This resilience may be attributed, in part, to the community’s belief in the long-term viability of Ripple’s technology and its potential to revolutionize cross-border payments.
🔶 The Community’s Response
XRP holders have been vocal in their support for Ripple during the lawsuit. The community has rallied around the notion that the SEC’s actions are an attack on innovation within the cryptocurrency space. Deaton’s remarks have been met with enthusiasm among XRP holders, many of whom feel more confident in their positions following his clarification.
🔶Conclusion: A Path Forward for XRP Holders
As the legal battle continues, the narrative surrounding XRP is evolving. With insights from experts like John Deaton, XRP holders may find a renewed sense of freedom and optimism. While the outcome of the SEC lawsuit remains uncertain, the implications of this case will likely shape the future of cryptocurrency regulation in the United States. The message is clear: XRP holders can take solace in the fact that their interests may not be directly threatened by the ongoing litigation against Ripple.#BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #moonbix $XRP
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has become a focal point in the cryptocurrency landscape. Former SEC lawyer John Deaton recently asserted that the lawsuit led by SEC Chair Gary Gensler is specifically aimed at Ripple and does not implicate XRP holders. This perspective has significant implications for the ongoing discourse around digital assets.
🔶The Lawsuit Unveiled
In December 2020, the SEC filed a lawsuit against Ripple Labs, claiming that the company had conducted an unregistered securities offering through its sale of XRP. The SEC's assertion rests on the idea that XRP should be classified as a security rather than a currency. This classification would impose stricter regulations on Ripple and its operations.
🔶 Clarity for XRP Holders
Deaton’s commentary offers a sense of relief for XRP holders who have been embroiled in uncertainty since the lawsuit was filed. He argues that the lawsuit targets Ripple specifically and not the broader community of XRP holders. "XRP holders are free," he emphasized, indicating that the legal implications are confined to Ripple’s actions rather than the ownership of XRP itself.
🔶The Distinction Between Ripple and XRP
The crux of the debate lies in the distinction between the company Ripple and the cryptocurrency XRP. While the SEC argues that Ripple's sales constitute an unregistered security offering, Deaton points out that this does not affect the status of XRP as a cryptocurrency. This distinction is crucial for investors who fear repercussions from the ongoing litigation.
🔶 Implications for the Crypto Market
The legal proceedings against Ripple have broader implications for the cryptocurrency market. Many investors have been wary of engaging with XRP due to the uncertainty surrounding its regulatory status. Deaton’s interpretation suggests that if the lawsuit is strictly against Ripple, this could pave the way for greater clarity and confidence among XRP holders and potential investors.
🔶 The Future of XRP
If the court ultimately rules in favor of Ripple, it could set a precedent for how cryptocurrencies are classified and regulated in the United States. Deaton believes that a favorable outcome for Ripple would not only benefit XRP holders but also provide a clearer regulatory framework for other digital assets, promoting innovation and investment in the space.
🔶The Role of Regulatory Bodies
Gary Gensler’s aggressive stance on cryptocurrency regulation has drawn both support and criticism. Proponents argue that a regulatory framework is necessary for consumer protection and market stability, while critics contend that overly stringent regulations stifle innovation. Deaton’s insights suggest that the SEC's actions against Ripple might be an overreach that could ultimately harm the regulatory landscape for cryptocurrencies.
🔶 XRP’s Resilience
Despite the ongoing legal challenges, XRP has demonstrated remarkable resilience. The cryptocurrency has continued to be actively traded and has maintained a significant presence in the market. This resilience may be attributed, in part, to the community’s belief in the long-term viability of Ripple’s technology and its potential to revolutionize cross-border payments.
🔶 The Community’s Response
XRP holders have been vocal in their support for Ripple during the lawsuit. The community has rallied around the notion that the SEC’s actions are an attack on innovation within the cryptocurrency space. Deaton’s remarks have been met with enthusiasm among XRP holders, many of whom feel more confident in their positions following his clarification.
🔶Conclusion: A Path Forward for XRP Holders
As the legal battle continues, the narrative surrounding XRP is evolving. With insights from experts like John Deaton, XRP holders may find a renewed sense of freedom and optimism. While the outcome of the SEC lawsuit remains uncertain, the implications of this case will likely shape the future of cryptocurrency regulation in the United States. The message is clear: XRP holders can take solace in the fact that their interests may not be directly threatened by the ongoing litigation against Ripple.#BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #moonbix $XRP
The Latest Ripple News for This Week (Major Decisions)
The latest ripple news spread from the projected relocation to London to investing in MoneyTap to drive XRP’s price. In addition, details have emerged of how, three years ago, an individual blackmailed Ripple Labs, the team behind XRP, in an attempt to receive XRP coins worth 1.1 million US dollars illegally.
Here is the latest ripple news:
Ripple Considers Relocating to London from the United States due to Harsh Regulations
As reported by CNBC, Ripple, which is worth roughly $10 billion, finds the cryptocurrency regulatory space in the US unfavorable. Consequently, it’s contemplating shifting its base from the US to the UK.
According to Brad Garlinghouse, Ripple’s CEO, the UK financial watchdog, Financial Conduct Authority (FCA), does not see XRP as a security, thereby easing the coin’s regulatory burden. In its current home, the XRP coin is considered a security, which has led to legal fights with regulators.
Apart from the UK, Ripple is also weighing on working from either Japan, Switzerland, UAE, or Singapore.
MoneyGram Still Receives Millions from Ripple to Develop the Market
Recently, MoneyGram posted its financial report for the 3rd quarter of 2020. From the report, investments from Ripple stand out. For example, in the last three months, the financial firm received $9.3 million from the crypto firm.
Notably, Ripple also pumped $15.1 million in MoneyGram in the previous quarter. The crypto firm transferred $16.6 million in the first quarter of 2020. According to MoneyGram, the amount consists of the fees charged for providing liquidity to facilitate XRP-based transactions.
Note that Ripple uses its ODL (On-Demand Liquidity) system for such activities. Last year, MoneyGram received $50 million from the cryptocurrency company as an investment.
#XRPVictory #TONonBinance #MarketDownturn #BecomeCreator #Write2Earn $W
The latest ripple news spread from the projected relocation to London to investing in MoneyTap to drive XRP’s price. In addition, details have emerged of how, three years ago, an individual blackmailed Ripple Labs, the team behind XRP, in an attempt to receive XRP coins worth 1.1 million US dollars illegally.
Here is the latest ripple news:
Ripple Considers Relocating to London from the United States due to Harsh Regulations
As reported by CNBC, Ripple, which is worth roughly $10 billion, finds the cryptocurrency regulatory space in the US unfavorable. Consequently, it’s contemplating shifting its base from the US to the UK.
According to Brad Garlinghouse, Ripple’s CEO, the UK financial watchdog, Financial Conduct Authority (FCA), does not see XRP as a security, thereby easing the coin’s regulatory burden. In its current home, the XRP coin is considered a security, which has led to legal fights with regulators.
Apart from the UK, Ripple is also weighing on working from either Japan, Switzerland, UAE, or Singapore.
MoneyGram Still Receives Millions from Ripple to Develop the Market
Recently, MoneyGram posted its financial report for the 3rd quarter of 2020. From the report, investments from Ripple stand out. For example, in the last three months, the financial firm received $9.3 million from the crypto firm.
Notably, Ripple also pumped $15.1 million in MoneyGram in the previous quarter. The crypto firm transferred $16.6 million in the first quarter of 2020. According to MoneyGram, the amount consists of the fees charged for providing liquidity to facilitate XRP-based transactions.
Note that Ripple uses its ODL (On-Demand Liquidity) system for such activities. Last year, MoneyGram received $50 million from the cryptocurrency company as an investment.
#XRPVictory #TONonBinance #MarketDownturn #BecomeCreator #Write2Earn $W
Hamster is cocking 💯
Tomarket Airdrop Snapshot: What to Expect on September 2nd?
Tomarket Airdrop Snapshot: What to Expect on September 2nd?
Tomarket Airdrop Snapshot: What to Expect from the Tomarket Snapshot
Tomarket Airdrop Launch Date
A major event is approaching in the cryptocurrency and gaming world as Tomarket, a popular Telegram game, prepares for its much-anticipated airdrop on September 2nd, 2024. During this event, Tomarket will take a “snapshot” of all active accounts, recording $TOMATO token balances and other key metrics.
This snapshot is crucial as it determin
Tomarket Airdrop Snapshot: What to Expect from the Tomarket Snapshot
Tomarket Airdrop Launch Date
A major event is approaching in the cryptocurrency and gaming world as Tomarket, a popular Telegram game, prepares for its much-anticipated airdrop on September 2nd, 2024. During this event, Tomarket will take a “snapshot” of all active accounts, recording $TOMATO token balances and other key metrics.
This snapshot is crucial as it determin
$DOGS PUMMP soon
$DOGS OGS Technical Analysis Update: Buy/Sell Strategy
Hey everyone, just a quick update on DOGS. The token is currently consolidating in a sideways move, so it’s wise to avoid chasing this particular coin for now.
What’s Happening?
DOGS isn’t showing aggressive growth, and there are a few reasons for that:
Early Airdrop Holders Selling: Many early airdrop recipients have started selling off their tokens, especially when new traders enter the market. These new traders often hold out for more pr
Hey everyone, just a quick update on DOGS. The token is currently consolidating in a sideways move, so it’s wise to avoid chasing this particular coin for now.
What’s Happening?
DOGS isn’t showing aggressive growth, and there are a few reasons for that:
Early Airdrop Holders Selling: Many early airdrop recipients have started selling off their tokens, especially when new traders enter the market. These new traders often hold out for more pr
$Dogs Price Prediction On listing Binance ?
Today, 26th of August, at 12:00 pm UTC, you will see the Telegram $DOGS on all major exchanges.
Given the current trend and hype surrounding DOGS, it is plausible to consider a market capitalization of $800 million to $1 billion. Here’s how this translates into potential price ranges:
1. Market Cap of $800 Million:
Price Calculation:
Price = Market Cap /Total Supply =800,000,000/550,000,000,000 = $0.00145
2. Market Cap of $1 Billion:
Price Calculation:
Price = Market Cap/Total Supply= 1,000,000,000/550,000,000,000 = $0.00182
Could DOGS List at $0.01?
Given the current hype and market conditions, it is plausible to consider a scenario where DOGS Token could reach or even be listed at $0.01. If DOGS were to list at this price, here’s what the market capitalization would look like:
Market Cap Calculation:
Market Cap=Price×Initial Circulating Supply=0.01×516,750,000,000=$5,167,500,000
Initial Market Cap at $0.01 Listing Price: $5.17 billion
Price Prediction Scenarios Post-Listing
DOGS manages to maintain or increase its market cap post-listing, further price growth could be seen. The continuation of this momentum will depend on several factors, including market sentiment, community engagement, and the overall performance of the cryptocurrency market.
If the market cap grows to $6 billion: The price could rise to approximately $0.0116.
If the market cap experiences a correction: The price might drop below $0.01, depending on the intensity of the sell-off and market conditions.
Listing DOGS on Binance at $0.01 would give it a starting market cap of approximately $5.17 billion. Achieving and maintaining this price will require sustained community support, favorable market conditions, and high liquidity on Binance. While the $0.01 price target is ambitious, it is within the realm of possibility given the current trend and hype surrounding DOGS.
Today, 26th of August, at 12:00 pm UTC, you will see the Telegram $DOGS on all major exchanges.
Given the current trend and hype surrounding DOGS, it is plausible to consider a market capitalization of $800 million to $1 billion. Here’s how this translates into potential price ranges:
1. Market Cap of $800 Million:
Price Calculation:
Price = Market Cap /Total Supply =800,000,000/550,000,000,000 = $0.00145
2. Market Cap of $1 Billion:
Price Calculation:
Price = Market Cap/Total Supply= 1,000,000,000/550,000,000,000 = $0.00182
Could DOGS List at $0.01?
Given the current hype and market conditions, it is plausible to consider a scenario where DOGS Token could reach or even be listed at $0.01. If DOGS were to list at this price, here’s what the market capitalization would look like:
Market Cap Calculation:
Market Cap=Price×Initial Circulating Supply=0.01×516,750,000,000=$5,167,500,000
Initial Market Cap at $0.01 Listing Price: $5.17 billion
Price Prediction Scenarios Post-Listing
DOGS manages to maintain or increase its market cap post-listing, further price growth could be seen. The continuation of this momentum will depend on several factors, including market sentiment, community engagement, and the overall performance of the cryptocurrency market.
If the market cap grows to $6 billion: The price could rise to approximately $0.0116.
If the market cap experiences a correction: The price might drop below $0.01, depending on the intensity of the sell-off and market conditions.
Listing DOGS on Binance at $0.01 would give it a starting market cap of approximately $5.17 billion. Achieving and maintaining this price will require sustained community support, favorable market conditions, and high liquidity on Binance. While the $0.01 price target is ambitious, it is within the realm of possibility given the current trend and hype surrounding DOGS.
Binance will start $DOGS trading at $0.03, but don't sell!
Why? Because it will pump to $0.07 before it falls to $0.05, take profit before the fall!
Why? Because it will pump to $0.07 before it falls to $0.05, take profit before the fall!
Q&A on DOGS pre-market delivery
Q1: Why did the pre-market filled order quantity or pending delivery quantity increase after the mapping from DOGS POINTS (DOGSPOINTS) to DOGS (DOGS)?
Mapping in pre-market trading follows the principle of maintaining the token's total market capitalization. While users trade based on the token's future market cap, the total value of executed orders remains unchanged. Since the proportion of the order quantity relative to the total pre-market token supply stays constant, the order quantity will increase or decrease according to the mapping ratio, with the token price adjusting in the opposite direction.
For example, User A sells 5000 DOGS POINTS at 0.44 USDT. The order has been filled with a total value of 2200 USDT, and a security deposit of 2200 USDT has been frozen. The 1:5.5 mapping ratio of DOGS does not affect the order value and the security deposit, both of which remain at 2200 USDT. The token delivery quantity will be increased to 5000 × 5.5 = 27,500 DOGS, and the token price will be adjusted to 0.44 ÷ 5.5 = 0.08 USDT. User A (the seller) must ensure they have an available balance of at least 27,500 DOGS in their spot account before the DOGS (DOGS) pre-market delivery. Otherwise, the delivery will fail, and they will be deemed in default.
Q2: I am a seller in pre-market trading, and now the DOGS quantity required for delivery has increased. What should I do if my available DOGS balance is insufficient to complete the delivery?
A: If you do not have enough @
DOGS for delivery, you can either buy DOGS through Bitget spot trading or make an on-chain DOGS deposit before the delivery starts (For this project, the pre-market delivery begins on August 26, 2024, at 16:00 (UTC), which is four hours after the opening of spot trading). Otherwise, the delivery will fail, and you will be deemed in default.
DOGS pre-market delivery timeline:
Pre-market trading end time: August 26, 2024, 11:30 (UTC)
Spot trading start time: August 26, 2024, 12:00 (UTC)
Pre-market delivery time: August 26, 2024, 16:00 (UTC)
Q1: Why did the pre-market filled order quantity or pending delivery quantity increase after the mapping from DOGS POINTS (DOGSPOINTS) to DOGS (DOGS)?
Mapping in pre-market trading follows the principle of maintaining the token's total market capitalization. While users trade based on the token's future market cap, the total value of executed orders remains unchanged. Since the proportion of the order quantity relative to the total pre-market token supply stays constant, the order quantity will increase or decrease according to the mapping ratio, with the token price adjusting in the opposite direction.
For example, User A sells 5000 DOGS POINTS at 0.44 USDT. The order has been filled with a total value of 2200 USDT, and a security deposit of 2200 USDT has been frozen. The 1:5.5 mapping ratio of DOGS does not affect the order value and the security deposit, both of which remain at 2200 USDT. The token delivery quantity will be increased to 5000 × 5.5 = 27,500 DOGS, and the token price will be adjusted to 0.44 ÷ 5.5 = 0.08 USDT. User A (the seller) must ensure they have an available balance of at least 27,500 DOGS in their spot account before the DOGS (DOGS) pre-market delivery. Otherwise, the delivery will fail, and they will be deemed in default.
Q2: I am a seller in pre-market trading, and now the DOGS quantity required for delivery has increased. What should I do if my available DOGS balance is insufficient to complete the delivery?
A: If you do not have enough @
DOGS for delivery, you can either buy DOGS through Bitget spot trading or make an on-chain DOGS deposit before the delivery starts (For this project, the pre-market delivery begins on August 26, 2024, at 16:00 (UTC), which is four hours after the opening of spot trading). Otherwise, the delivery will fail, and you will be deemed in default.
DOGS pre-market delivery timeline:
Pre-market trading end time: August 26, 2024, 11:30 (UTC)
Spot trading start time: August 26, 2024, 12:00 (UTC)
Pre-market delivery time: August 26, 2024, 16:00 (UTC)
What You Need to Know About the Upcoming DOGS Token on Binance
With the DOGS token launching on Binance, there’s been a lot of buzz. Here’s a breakdown of what you should know.
About DOGS
DOGS is a token based on the Ton blockchain and is associated with a Telegram bot that has seen millions of participants in its free airdrop.
Airdrop Details
What You Need to Know About the Upcoming DOGS Token on BinanceWith the DOGS token launching on Binance there’s been a lot of buzz Here’s a breakdown of what you should knowAbout DOGS DOGS is a token based on the Ton b
About DOGS
DOGS is a token based on the Ton blockchain and is associated with a Telegram bot that has seen millions of participants in its free airdrop.
Airdrop Details
What You Need to Know About the Upcoming DOGS Token on BinanceWith the DOGS token launching on Binance there’s been a lot of buzz Here’s a breakdown of what you should knowAbout DOGS DOGS is a token based on the Ton b
CLICK HERE TO WIN FREE USTD $BONK https://s.binance.com/yCz6h0GC🎁🎁🎁🤑🤑
**FIRS Plans New Law to Regulate Cryptocurrencies in Nigeria**The Federal Inland Revenue Service (FIRS) in Nigeria has announced its intention to introduce new legislation to regulate cryptocurrencies. This initiative is part of a broader effort to modernize Nigeria's tax system and align with technological progress.The proposed law aims to address the expanding cryptocurrency sector, ensuring that its economic benefits are maximized while mitigating potential risks. The FIRS chairman highlighted the need for a clear and comprehensive regulatory framework to safeguard the economy.
**FIRS Plans New Law to Regulate Cryptocurrencies in Nigeria**The Federal Inland Revenue Service (FIRS) in Nigeria has announced its intention to introduce new legislation to regulate cryptocurrencies. This initiative is part of a broader effort to modernize Nigeria's tax system and align with technological progress.The proposed law aims to address the expanding cryptocurrency sector, ensuring that its economic benefits are maximized while mitigating potential risks. The FIRS chairman highlighted the need for a clear and comprehensive regulatory framework to safeguard the economy.