empty
14.01.2022 07:39 AM
Visa to integrate CBDC payments module; Pakistan ready to completely ban digital assets

The crypto market managed to make a reversal, pushing the main coins higher. As a result, they showed a small increase yesterday. The total capitalization of the crypto market remains at $2 trillion. Investors continue to accumulate coins betting on a rally in the crypto market. As I expected, 2022 is becoming a turning year for the crypto market. Now, analysts have two different points of view regarding digital coins.

Pakistan cracks down on digital money

Pakistan plans to completely ban the use of cryptocurrencies in the country. Local media agencies report that the central bank together with the country's government intends to declare all cryptocurrencies illegal, citing a document submitted to a provincial court. When voicing the reasons for the bank, the watchdog stated the lack of regulation, as well as the use of coins for the financing of terrorism and money laundering. There is a grain of truth in the statements of the central bank. However, according to the latest data, no more than 5% of digital coins were used by terrorists. Therefore, the reason provided by the regulator seems far-fetched.

Iran supports crypto

The Iranian government has taken the opposite approach. It is prone to create a platform for using cryptocurrencies as an international means of payment. Thus, the central bank plans to get out of the economic crisis and neutralize the consequences of a full trade embargo imposed by the United States. Those who are responsible for the project have recently stated that the trading system is almost ready and the first transactions will be carried out soon. This is positive news for the crypto market and bitcoin. The key rate hike in the US will undermine the attractiveness of bitcoin as a hedge asset against inflation. In addition, Iran is making an important decision by integrating cryptocurrencies as it will have an impact on the digital market around the world.

Visa to integrate CBDCs with traditional finance

Visa intends to maintain leadership in the market. It announced the development of a CBDC module. It teamed up with Ethereum scaling firm ConsenSys to help central bank digital currency (CBDC) networks bridge the gap with traditional financial institutions. In the future, the launch of this project will significantly simplify the acceptance and use of any digital assets as a means of payment. "Customers will eventually be able to use their CBDC-linked Visa card or digital wallet anywhere that Visa is accepted globally. If successful, CBDC could expand access to financial services and make government disbursements more efficient, targeted, and secure – that's an attractive proposition for policymakers," Catherine Gu, Visa's head of CBDC, said.

This image is no longer relevant

The crypto market, as well as coins, resumed a moderate yet steady growth amid positive news. It is too early to talk about the completion of the correction. However, there has been an increase in long positions, which usually signals bullish momentum. The sentiment in the crypto market will depend on bitcoin, which has begun to climb the resistance level of $44k-$45k. The volume of long positions in the market has increased but it is not enough for a long-term rally. Technical indicators also confirm an upward movement. The MACD is moving flat with the narrow range giving signs of the formation of a bullish intersection. The stochastic and RSI indicators have reached a high within the green zone and entered the sideways channel. All these factors indicate that the market is recovering but it still lacks the strength for a strong breakout out of the current range.

This image is no longer relevant

Pilih carta masa
5
min
15
min
30
min
1
jam
4
jam
1
hari
1
minggu
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

Cadangan Perdagangan untuk Pasaran Mata Wang Kripto pada 25 April

Cubaan yang tidak berjaya semalam untuk kekal melebihi $94,000 menunjukkan bahawa masih terdapat minat membeli yang ketara. Ethereum juga tetap kukuh, walaupun pembetulan semalam semasa sesi Eropah mungkin menggusarkan sesetengah

Miroslaw Bawulski 08:56 2025-04-25 UTC+2

Analisis Teknikal Pergerakan Harga Harian Polkadot Cryptocurrency, Jumaat 25 April 2025.

Dengan keadaan penunjuk Pengayun Stochastic yang kini berada di atas tahap Terlebih Beli (80) walaupun ia masih bergerak di atas WMA (30 Shift 2) yang menunjukkan kecenderungan masih Menaik, namun

Arief Makmur 07:02 2025-04-25 UTC+2

Analisis Teknikal Pergerakan Harga Intraday Mata Wang Kripto Solana, Jumaat 25 April 2025.

Walaupun ketika ini mata wang kripto Solana berada dalam keadaan pengukuhan yang ditunjukkan oleh pergerakan harganya di atas WMA (30 Shift 2), namun kemunculan Perbezaan (Divergence) antara pergerakan harga Solana

Arief Makmur 07:02 2025-04-25 UTC+2

Analisis BTC/USD – 24 April: Bitcoin Menunjukkan Tanda-tanda Pemulihan

Pola gelombang pada carta 4 jam untuk BTC/USD kini menjadi agak lebih kompleks. Kami memerhatikan struktur pembetulan ke bawah yang menyelesaikan pembentukannya sekitar paras $75,000. Selepas itu, satu pergerakan naik

Chin Zhao 10:15 2025-04-24 UTC+2

Cadangan Dagangan untuk Pasaran Mata wang Kripto pada 24 April

Bitcoin gagal bertahan di atas paras $94,000 dan telah membetulkan ke kawasan $92,500, di mana ia kelihatan lebih selesa. Ethereum juga telah menarik balik ke sekitar $1,769 selepas seketika mencecah

Miroslaw Bawulski 08:58 2025-04-24 UTC+2

Bitcoin mungkin menyambung semula aliran menaiknya

Bitcoin mencatat lonjakan kuat semalam. Selepas menembusi paras $90,000, mata wang kripto utama ini melonjak ke arah $94,000, di mana kenaikan itu terhenti buat sementara waktu. Ether juga menyaksikan keuntungan

Jakub Novak 12:59 2025-04-23 UTC+2

Cadangan Perdagangan untuk Pasaran Mata Wang Kripto pada 23 April

Bitcoin telah berjaya melepasi $90,000, sementara Ethereum menambah lebih daripada 10% dalam hanya satu hari, melonjak semula ke $1800. Pemangkin utama adalah kenyataan Donald Trump semalam, menjelaskan bahawa memecat Jerome

Miroslaw Bawulski 09:03 2025-04-23 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 22 April

Bitcoin Kembali ke Zon $88,000, tetapi Ethereum Menghadapi Cabaran Penjualan yang berlaku semalam semasa sesi di AS, sekali lagi dicetuskan oleh penurunan dalam indeks saham Amerika, telah ditampung oleh pembeli

Miroslaw Bawulski 08:18 2025-04-22 UTC+2

Cadangan Dagangan untuk Pasaran Kriptowang pada 21 April

Bitcoin dan Ethereum, setelah menghabiskan seluruh hujung minggu bergerak mendatar dalam julat, melonjak dengan mendadak semasa sesi Asia hari ini. Kenaikan ini dicetuskan oleh khabar angin bahawa Pengerusi Rizab Persekutuan

Miroslaw Bawulski 09:03 2025-04-21 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 18 April

Bitcoin dan Ethereum masih berada dalam saluran mendatar mereka, dan ketidakmampuan untuk keluar daripada julat ini boleh menjejaskan prospek pemulihan yang lebih luas dalam pasaran mata wang kripto. Walau bagaimanapun

Miroslaw Bawulski 09:00 2025-04-18 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.