Donald Trump has announced a significant achievement for his cryptocurrency project: the $TRUMP token has surpassed 500 unique holders. Sharing the news on his verified social media account, the former U.S. President described the milestone as a pivotal step in advancing financial innovation and empowering individuals through blockchain technology.$ETH
Launched as part of Trump's increasing engagement with decentralized technologies, the $TRUMP token is gaining momentum among his supporters and the broader crypto community. Analysts view the growth in holders as a reflection of rising interest and confidence in Trump's vision for decentralized finance.
Insiders hint at upcoming updates that could include new use cases and utilities for the token, potentially enhancing its value and functionality in the near future.$
CZ Joins Pakistan's Crypto Council: Implications for Crypto Adoption
Changpeng "CZ" Zhao, co-founder and former CEO of Binance, has been appointed as a strategic advisor to Pakistan’s newly established Crypto Council. This move highlights Pakistan's increasing focus on cryptocurrency, driven by factors such as a significant unbanked population, high remittance inflows, a youth-dominated demographic, and challenges like rising inflation and currency devaluation.
CZ’s involvement is pivotal for several reasons:
It lends credibility to Pakistan’s efforts to establish a regulatory framework for cryptocurrency.
It provides access to global expertise in the crypto sector.
It boosts investor confidence, potentially attracting international players and venture capital to Pakistan's burgeoning crypto industry.
His advisory role could pave the way for clearer policies and greater adoption of cryptocurrency in the country.