ZEDXION Exchange Sees $1.36B Volume as RECALL Token Surges 49%
ZEDXION Exchange Sees $1.36B Volume as RECALL Token Surges 49%
📈 RECALL Rockets 49%
ZEDXION cryptocurrency exchange processed $1.36 billion in trading volume over the past 24 hours.
Top Performer:
- RECALL/USDT led gains with a 49.15% increase
This marks a slight decline from yesterday's $1.57B volume, though trading activity remains robust. RECALL has shown strong momentum, previously gaining 78.75% in October.
The exchange continues to maintain billion-dollar daily volumes, indicating sustained market interest across its 83 trading pairs.
Visit ZEDXION for live trading data.
📊Main Coin Snapshot 🔽Bitcoin: $92,197.86 (-1.07%) 🔝Highest Price: $94,619.66 |🔻Lowest Price: $91,935.32 🔽Ethereum: $1,755.71 (-2.32%) 🔝Highest Price: $1,835.91 |🔻Lowest Price: $1,752.50 🌐zedxion.io #Zedxion #BTC #ETH
📊Main Coin Snapshot 🔽Bitcoin: $92,197.86 (-1.07%) 🔝Highest Price: $94,619.66 |🔻Lowest Price: $91,935.32 🔽Ethereum: $1,755.71 (-2.32%) 🔝Highest Price: $1,835.91 |🔻Lowest Price: $1,752.50 🌐zedxion.io #Zedxion #BTC #ETH
📊Main Coin Snapshot 🔽Bitcoin: $83,823.95 (-1.29%) 🔝Highest Price: $86,471.35 |🔻Lowest Price: $83,111.53 🔽Ethereum: $1,577.15 (-2.67%) 🔝Highest Price: $1,661.24 |🔻Lowest Price: $1,550.69 🌐zedxion.io #Zedxion #BTC #ETH
UK Passes Historic Law Recognizing Digital Assets as Third Property Category
The UK has enacted groundbreaking legislation that officially recognizes **digital assets as a distinct category of property**. This new law creates a **third property classification** specifically for crypto and digital assets, separate from traditional personal and real property categories. Key implications: - Legal clarity for crypto ownership and transactions - Enhanced protection for digital asset holders - Clearer framework for courts handling crypto disputes - Potential boost to UK's position as crypto-friendly jurisdiction The legislation addresses long-standing legal uncertainties around digital asset ownership and provides a **solid foundation** for the growing crypto economy in the UK.
🏦 EU Banks Set 2026 Launch Date for Euro-Pegged Stablecoin
European Union banks have announced plans to launch a **euro-pegged stablecoin** in 2026, marking a significant step in the region's digital currency adoption. This development follows a growing trend of **institutional stablecoin initiatives** across major economies: - US Bancorp recently launched its stablecoin on the Stellar network - India introduced the rupee-pegged digital asset Arc - Nordic banks previously joined a European alliance for euro-backed digital currencies The EU's move represents a **coordinated effort** by traditional banking institutions to enter the stablecoin market, potentially providing greater stability and regulatory compliance compared to existing options. This initiative could reshape the European digital payments landscape and offer businesses and consumers a **regulated alternative** to current stablecoin offerings.
🏛️ Kyrgyzstan Officially Launches $50M Gold-Backed USDKG Stablecoin
**Kyrgyzstan has officially launched its national stablecoin USDKG**, marking a significant milestone in state-backed digital currencies. **Key Details:** - Total issuance capped at **$50 million USD** - **Gold-backed** for stability and value preservation - Represents Kyrgyzstan's entry into sovereign digital currency space This launch follows months of planning, with the country first announcing plans for the national stablecoin in November. The **USDKG represents a hybrid approach** - combining traditional gold backing with modern blockchain technology. **Why This Matters:** - First major **gold-backed national stablecoin** from a sovereign state - Could influence other nations considering similar digital currency initiatives - Provides alternative to traditional fiat currencies with precious metal backing The launch positions Kyrgyzstan as an early adopter in the **sovereign digital currency movement**, potentially setting precedent for other nations exploring state-issued stablecoins backed by physical assets.
Swiss Banks Launch Real-Time Settlement Using Distributed Ledger Technology
Swiss banks have successfully implemented **real-time settlement** using distributed ledger technology, marking a significant advancement in traditional banking infrastructure. This development follows the European Central Bank's announcement to pilot a blockchain-based euro settlement system by 2026, indicating growing institutional adoption of distributed ledger solutions. **Key implications:** - Faster transaction processing for Swiss banking customers - Reduced settlement times from days to minutes - Enhanced transparency in financial transactions - Potential model for other European banking systems The implementation demonstrates how traditional financial institutions are integrating blockchain technology to improve operational efficiency while maintaining regulatory compliance.