Ethereum has shown a bullish trend during last week and now this week too and is expected to continue. the expectation is due anticipated transition to a new design and merger. Ethereum is trading at more than $1,400 in green in a rally. Bitcoin doing up and expected to touch the 1 Million mark. The coins will help to switch from energy-intensive fossil fuel (PoW) to an efficient electric car (PoS) system.
The Netherlands imposed a fine on bitcoin. Govt of Andorra approved a regulatory framework for digital currencies and blockchain technology. The Senate of Paraguay approved a bill regulating crypto trading under the Ministry of Industry and Commerce. The bill is aimed to punish those individuals and companies who are providing crypto services without authorization and to bring them to the legal tax net. Russia bans digital payments across the nation. Where Pakistan stands now. Pakistan should take steps in this direction and make laws for cryptocurrency before we are too late.
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