Here's today's big crypto news:
#CryptoNewss #BTC #Binance #TrendingTopic #HotTrends - *Pakistan's Crypto Revolution*: Pakistan has established a comprehensive regulatory framework for crypto and digital assets, introducing the Pakistan Crypto Council (PCC) and Pakistan Virtual Assets Regulatory Authority (PVARA). These authorities will license Virtual Asset Service Providers (VASPs) and ensure compliance with Financial Action Task Force (FATF) guidelines ¹ ².
- *US Bank Regulator's Statement*: The US Office of the Comptroller of the Currency (OCC) has cleared banks to act as intermediaries in "riskless principal" crypto transactions, bridging traditional finance and digital assets.
- *Crypto Market Trend*: The crypto market cap dropped 2.5%, with Bitcoin trading at $92,551.75, awaiting Federal Reserve interest rate cuts.
- *Pakistan's Crypto Progress*: Pakistan plans to launch a stablecoin and is piloting a Central Bank Digital Currency (CBDC) through the State Bank of Pakistan (SBP) ³ ⁴ ⁵.
Would you like updates on Pakistan's crypto regulations or the impact of US bank involvement in crypto? 😊