Binance, the world’s leading global blockchain ecosystem and cryptocurrency exchange by trading volume and users, and Fauji Foundation have signed a Letter of Intent (LOI) in Islamabad to explore potential commercial collaboration on blockchain, cryptocurrency, payments, and Web 3.0 ecosystem within Pakistan.
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The cryptocurrency market is experiencing some volatility today, with Bitcoin (BTC) trading at $87,013.90, down 3.11% in the last 24 hours. Its market cap stands at $1.80 trillion, with a 24-hour trading volume of $47.38 billion [1].
*Market Trends*
- Bitcoin's price drop has sparked concerns among investors. - Ethereum (ETH) is trading around $3,500, down 0.80% in the past 24 hours. - The crypto market is witnessing high volatility and uncertainty [3][6].
*Regulatory Updates*
- Pakistan is discussing regulations for cryptocurrencies. - The UK government plans to introduce new crypto rules by 2027 [8][10].