The SFC's guidelines explicitly forbid the distribution of crypto 'gifts' intended to encourage retail investments, which may encompass airdrops. Additionally, the guidelines state that stablecoins should not be allowed for retail trading until they undergo regulatory oversight.
Average Bitcoin Investment
Average Bitcoin Investment latest news, images, analysis about At the time of this writing, bitcoin currently has a market capitalization of around $45 billion, and one bitcoin is worth around $2,600. Investment firm ARK Invest and bitcoin exchange Coinbase estimate there are around seven million bitcoin users around the globe. However, since bitcoin wallet addresses are not publi… See more
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On Monday, meme coin traders enthusiastically invested in various pizza-related tokens, but the anniversary of the first bitcoin purchase was overshadowed by rug pulls that dampened the mood.
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The bank anticipates a continued lack of activity in digital asset trading, as retail investors choose to stay out of the market.
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Data from CryptoSlam, a platform tracking cryptocurrency statistics, reveals that NFTs built on the Bitcoin network have generated an impressive $167 million in the last month, rapidly approaching Ethereum's leading position.
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The project additionally introduced its new PLEX client, designed to alleviate the demands of computationally intensive tasks involving scientific data.
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