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Raheel Bin Sajid

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BNB Surpasses 680 USDT with a 1.06% Increase in 24 Hours
May 27, 2025 – 06:40 AM (UTC)
According to Binance market data, BNB has crossed the 680 USDT mark, currently trading at 680.12 USDT, reflecting a 1.06% increase over the past 24 hours. This marks a steady upward movement as BNB continues to gain momentum in the broader crypto market.
#BNB $BNB 
BNB
864.56
+1.26%

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Ethereum Establishes Strong Support at $2,370, Analyst Reports

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Binance Pizza Day: A Slice of Crypto History Every May 22, Binance celebrates Pizza Day, honoring the first real-world Bitcoin transaction in 2010, where two pizzas were bought for 10,000 BTC. This iconic moment marks the beginning of cryptocurrency’s practical use. Binance commemorates it by promoting crypto adoption and community engagement through events, giveaways, and pizza-themed activities. It’s more than just pizza—it’s a tribute to how far digital currency has come. Each year, Binance Pizza Day reminds us that even small transactions can become historic milestones in the journey of financial innovation. So grab a slice, and toast to crypto progress! #BinanacePizza

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Here's a concise summary of the article you provided: Panama City Mayor Considers Bitcoin Reserve Amid Growing Crypto Integration Mayer Mizrachi, the mayor of Panama City, has hinted at the potential creation of a municipal Bitcoin reserve following a meeting with key El Salvador Bitcoin advisors Max Keiser and Stacy Herbert. The announcement comes ahead of Mizrachi’s scheduled appearance at the Bitcoin 2025 conference in Las Vegas. This move follows the Panama City Council’s April 15 decision to allow residents to pay taxes and fees using Bitcoin, Ethereum, USD Coin, and Tether, underscoring the city’s progressive approach to cryptocurrency adoption. Globally, governments hold over 463,700 BTC—around 2.3% of the total supply—with El Salvador leading in sovereign Bitcoin accumulation, owning 6,135 BTC through daily purchases. Mizrachi’s Bitcoin Reserve hint reflects a broader trend of municipal and national crypto integration, positioning Panama City at the forefront of digital asset experimentation in Latin America. #BTC #ETH $BTC $ETH

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Here’s a concise summary of the UK's new crypto reporting guidelines: --- UK Introduces New Crypto Reporting Guidelines to Enhance Transparency The UK government, through HM Revenue and Customs (HMRC), has introduced new guidelines requiring crypto firms to collect and report detailed customer and transaction data starting January 1, 2026. This effort aims to enhance transparency and improve tax compliance within the crypto sector. Under the new rules, firms must report: User information: Full name, home address, and tax identification number Transaction details: Type and amount of cryptocurrency, and involved entities (companies, trusts, charities) These measures align with the OECD’s Cryptoasset Reporting Framework (CARF), expanding its application to domestic reporting. Firms may face fines up to £300 per user for non-compliance or inaccurate reporting. Annual reports to HMRC may also be required. In parallel, Chancellor Rachel Reeves has proposed a broader crypto regulatory framework to formalize oversight of crypto services, including trading platforms and wallet providers. This initiative builds on a 2023 UK Treasury consultation and is part of the government's Plan for Change to bolster consumer protection and foster trust in digital assets. $BTC $ETH $SHIB

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AI Summary: Panama and El Salvador are in talks to collaborate on using renewable energy sources for Bitcoin mining, according to insights shared by Gabriel Mizrachi on platform X. Discussions with El Salvador’s key Bitcoin figures, Max Keiser and Stacy Herbert, focused on sustainable approaches to support crypto infrastructure. As part of broader cooperation, Panama City also plans to add El Salvador’s financial literacy textbook, What is Money?, to its online library, promoting greater public understanding of Bitcoin and financial systems. #BTC $BTC

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