EAC to Establish Regional Central Bank by 2023, Aims for Single Currency by 2024

• The East African Community (EAC) will decide during the course of the year 2023 when and where it will locate the envisioned regional central bank.
• The setting up of the regional central bank is expected to help the EAC achieve its goal of attaining a single currency regime in three years.
• Eliminating non-tariff trade barriers is another step towards the EAC’s objective of enhanced movement of businesses and persons within the region.

The East African Community (EAC) is inching closer to its goal of having a single currency regime in place by 2024. This objective will be made possible with the establishment of the regional central bank, which is set to be located and operational by the end of 2023. With the setting up of the East African Monetary Institute (EAMI), the EAC will be able to harmonize member states‘ fiscal and monetary policies, thereby paving the way for the implementation of the single currency.

The EAC secretary general, Peter Mathuki, has revealed that the regional intergovernmental organization’s council of ministers will soon deliberate on the location of the regional central bank. He noted that this would be a crucial factor in ensuring that the process of establishing the regional currency is successful. The EAMI will be responsible for providing the region with the necessary financial infrastructure and governance for the implementation of the single currency.

The implementation of the regional currency is expected to have a positive effect on the region’s economy. This is because it will facilitate the movement of businesses and persons within the region, thereby boosting intra-regional trade. According to reports, intra-regional trade stood at $10.17 billion by September 2022.

Another factor that will aid in the successful implementation of the single currency is the elimination of non-tariff trade barriers. This will be done by streamlining the region’s taxation policies and regulations, as well as allowing for the free movement of goods and services across the region.

The EAC is confident that it will be able to meet its target of having a single currency regime in place by 2024. This will be a major milestone for the region, as it will ensure economic stability and development, as well as foster closer economic ties between the member states. The EAC is also optimistic that this will result in increased trade opportunities and improved living standards for the citizens of the region.

Bitcoin Network Braces for 10% Difficulty Increase, Foundry USA & Antpool to Benefit

• Bitcoin network is set to experience a difficulty increase of 10% on Jan. 15, 2023.
• The current hash rate of the network is at 268.79 exahash per second (EH/s).
• Foundry USA and Antpool command nearly half of the global hashrate.

The Bitcoin (BTC) network is bracing for a notable difficulty increase in the next three days, on or around Jan. 15, 2023. The measure of how difficult it is to find a new block and add it to the blockchain, known as mining difficulty, is set to rise from 34.09 trillion to an all-time high of 37.57 trillion. This increase has not been recorded since October 2022.

At the time of writing, the leading cryptocurrency network’s hash rate is at 268.79 exahash per second (EH/s). On Jan. 6, 2023, the network’s computational power reached an all-time high at 361.20 EH/s. Meanwhile, Bitcoin block times, also known as block intervals, have been between 8 minutes, 52 seconds, and 9 minutes, 6 seconds in length. The actual time between blocks can vary from this average, and since the last difficulty change on Jan. 2, 2023, at block height 770,112, block intervals have been faster.

By looking at the current hashrate, it can be seen that Foundry USA and Antpool command nearly half of the network’s global hashrate. These two mining pools have been dominating the Bitcoin mining industry for quite some time now, and their influence only continues to grow. As a result, it is likely that these two mining pools will benefit the most from the upcoming difficulty increase.

It is important to note that the difficulty increase is designed to keep the block time around 10 minutes per block and is necessary for the network’s security. The difficulty retarget is expected to boost hashrate requirements, and it will be interesting to see how the network responds to the increase.

Overall, the Bitcoin network is about to experience a notable difficulty increase in the next three days which will bring the mining difficulty to an all-time high. This increase is expected to benefit the two leading mining pools, Foundry USA and Antpool, as they command a significant percentage of the global hashrate. The difficulty retarget is necessary to keep the network secure and it will be interesting to see how the network responds to the increase.

Bulgarian Authorities Investigate Crypto Lender Nexo for Money Laundering

• Bulgarian law enforcement officials are investigating crypto lender Nexo for alleged money laundering and sanctions violations.
• Bulgarian officials raided Nexo’s offices on Jan. 12, 2023.
• Nexo denied any wrongdoing in a statement on Twitter following the story.

Bulgarian law enforcement officials are currently investigating cryptocurrency lender Nexo for alleged money laundering and sanctions violations. Siika Mileva, a spokesperson for Bulgaria’s attorney general, said that the investigation is a large-scale operation involving 300 investigators from various agencies, including the National Security Service, Gendarmerie, and Sofia Police.

The investigation came to a head on Jan. 12, 2023, when Bulgarian law enforcement officials raided Nexo’s offices in Sofia as part of the investigation. Svetlio Vasilev, head of Bulgaria’s cybercrime unit, said that a client of the platform who transferred cryptocurrency has been officially declared an organizer of terrorist activity, and that more than 15 addresses are being searched with new persons of interest being established.

Nexo, which is based in London but also has offices in Sofia, immediately denied any wrongdoing in a statement on Twitter following the story. The company said that it has always had stringent anti-money laundering and know-your-customer policies and has turned down a lot of business because of this.

The investigation into Nexo is ongoing, and it remains to be seen who will be charged with the crimes. Bulgaria has recently seen an uptick in cryptocurrency-related crime, with the country’s financial regulator warning against illegal activities in the cryptocurrency space. It is hoped that this investigation will help to bring those responsible to justice and help to protect innocent investors.

Kann Bitcoin Circuit wirklich funktionieren?

Zweifellos ist die Welt der Krypto-Währungen verlockend, und das umso mehr, wenn wir die unendliche Anzahl von Angeboten auf Seiten im Netz sehen, die versprechen, Sie zum Millionär zu machen. Leider sind die meisten von ihnen Betrügereien, wie es bei Bitcoin Circuit der Fall ist.

Bitcoin Circuit

Die Krypto-Währungen scheinen hier zu bleiben, obwohl es hin und wieder Momente der Unsicherheit gibt, wie es bei allen Märkten der Fall ist.

Tatsache ist, dass mit jeder neuen Geschäftsmöglichkeit, die mit der Möglichkeit guter Gewinne geboren wird, Betrüger, Betrüger und andere skrupellose Subjekte kommen, die versuchen, die ahnungslosesten Vorteile zu nutzen.

Es gibt auch mehrere Faktoren, die für Trickser sprechen, darunter die Komplexität der Welt der Kryptoaktives.

Das bedeutet, dass, wenn Sie sich nicht sehr gut über das Thema unterrichten, Sie von allen Informationen, die Sie sehen, manipuliert werden und am Ende in die Hände eines Cyberkriminellen fallen werden.

Es sei darauf hingewiesen, dass die meisten dieser betrügerischen Software, wie Bitcoin Circuit, nach den Standards einer echten Seite oder Anwendung hergestellt werden. Ihre Qualität ist in der Regel exzellent in Bezug auf Image und Design, da die Entwickler Experten sind.

youtube und so

Wir haben diese Überprüfung mit vollständigen Informationen vorbereitet, die es uns ermöglichen, diesen Betrug Bitcoin Circuit aufzudecken.

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Was ist Bitcoin Circuit?
Bitcoin Circuit ist eine bekannte Anwendung für den Handel mit Krypto-Münzen, die sicherstellt, dass die Benutzer unabhängig von den Marktbedingungen große Gewinne erzielen können.

Was ist die Bitcoin Circuit App?

Bitcoin Circuit erhebt keine Registrierungsgebühr, da es sagt, dass sein Ziel darin besteht, den Kryptomoney-Markt zu vergrößern, indem es den Anlegern die Werkzeuge an die Hand gibt, um erfolgreich am Markt zu investieren.

Die besten Plattformen für den automatisierten Handel mit Kryptowährungen!

Alle vermeintlichen Vorteile dieser Anwendung sind eine Lüge von enormem Ausmaß. Als nächstes werden wir alle Beweise untersuchen, die zweifellos beweisen, dass Bitcoin Circuit ein Betrug ist.

Wie funktioniert BitcoinTrend?
Interessierte Personen können sich über das Formular auf der Bitcoin Circuit Website anmelden.

Nach Abschluss des Registrierungsprozesses erstellt die App automatisch ein Handelskonto mit dem Benutzernamen beim FXLeader Broker. Bitcoin Circuit unterstützt iPhone und Android.

Betrügerisches Anmeldeformular für Apps

Laut der Website können sowohl erfahrene als auch Anfänger die Anwendung aufgrund ihres einfachen Designs nutzen.

Jetzt kommt der Bitcoin Circuit Betrug! Nachdem das Konto erstellt wurde, muss der Händler $250 einzahlen, dann angeblich $500 pro Stunde verdienen, sich über seine Geräte in seine Konten einloggen und nicht mehr als 15 Minuten pro Tag in die Anwendung investieren.

Nach dem, was die Seite versichert, wenn der Benutzer die Anweisungen befolgt, erhält er die versprochenen Vorteile, aber wir wissen bereits, dass dies nicht der Fall ist. Wie der Betrug der Bitcoin Circuit App funktioniert, ist sehr ähnlich wie bei Tausenden anderer Investitionsbetrügereien innerhalb und außerhalb des Netzwerks.

Nachdem Sie sich registriert haben, erstellen Sie ein Handelskonto in Ihrem Namen bei einem Partneragent namens FXLeader, das nicht reguliert ist.