🇵🇰 The Prime Minister of Pakistan has announced the creation of a special Crypto Council with the authority to implement regulations for digital currency.

The main goal is to make Pakistan a competitive player in the global digital economy while prioritizing security, transparency, and innovation.

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🔮 American broker Robinhood is launching a prediction platform (similar to Polymarket).

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🧸 The CEO of CryptoQuant stated that Bitcoin has entered a bearish market phase, with 6 to 12 months of bearish or sideways price movement expected.

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🕵️‍♂️ Detective ZachXBT stated that the crypto industry is doomed when it comes to security — hacks and money laundering happen too easily, while exchanges and protocols react too slowly.

He pointed out that "decentralized" projects receive almost all their revenue from illicit transactions but take no responsibility. Centralized exchanges are even worse — blocking funds takes hours, while laundering takes only minutes.

He also criticized KYT for its vulnerabilities and KYC for being useless, as accounts are often bought. In his view, North Korea laundering $1.4 billion recently highlights the scale of the problem.

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🇨🇭 Crypto wealth manager Xapo Bank introduces Bitcoin-backed loans up to $1 000 000.

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🇺🇸 Publicly traded American miners now control 30.2% of Bitcoin's network hashrate — a new record.

After the halving, the 14 largest companies increased their market share by 8%, strengthening the influence of U.S. players in the industry.

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🇺🇸 The managers of Trump Media are launching a new company to acquire cryptocurrency firms.

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🇵🇰 Pakistan plans to legalize crypto to attract foreign investment into the country.

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🇦🇪 The Dubai government has launched the pilot phase of its real estate tokenization project on the blockchain, with the main goal of digitizing property ownership and simplifying transactions.

It is expected that by 2033, the market for tokenized real estate in Dubai could reach $16 billion, accounting for about 7% of all market transactions.

@DeCenterOrg