Great expectations in the cryptocurrency markets

Gagandeep singh
2 min readApr 17, 2022

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ZENEX Coin is a digital coin for gaming platforms supported by a licensed payment service. High liquidity for users profitable for investors.

More details on the website: zenex-coin.com

Bloomberg Intelligence analysts believe that rising demand and clarity on legislative regulation in 2022 will put the cryptocurrency market on a serious bullish trend. Bloomberg analysts forecast bitcoin to rise to $100,000, laying a steady trend for altcoins and other digital assets.

Legislation from the world’s leading financial leaders is mostly preparing a stable ground for the introduction of crypto-tools into the legal economic space.

The end of 2021 and beginning of 2022 were marked by major developments in cryptocurrency regulation:

🔥 The Dubai authorities passed a law on virtual assets and established the Dubai Virtual Assets Regulatory Authority. The announcement was made by Mohammed bin Rashid Al Maktoum, vice president and prime minister of the emirate.

The Dubai Virtual Assets Regulatory Authority will cooperate «with all relevant organisations to ensure maximum transparency and security for investors,» he said.

According to Bloomberg, the largest bitcoin exchange, Binance, is in talks to obtain a licence in the emirate

🔥 The US Treasury Department has released an executive order from President Joe Biden that maintains a loyal stance towards digital assets, CNBC writes. In a statement, the Treasury said the order calls for a comprehensive approach to digital assets and that government agencies will coordinate their work in this area.

🔥 The European Parliament’s Economic and Monetary Affairs Committee (ECOM) will vote on the final version of the cryptocurrency regulation bill on 14 March 2022. Previously scheduled for 28 February 2022, the vote was postponed due to the need to clarify wording. According to Stefan Berger, the rapporteur on the MiCA bill, language that could be interpreted as a possible ban on bitcoin has been removed.

Payment service BitexPRO.eu has been following positive trends in cryptocurrency regulation and is rapidly developing on the international stage. In addition to its existing European cryptolic licences, BitexPRO has applied for digital asset licences in Kazakhstan and Dubai.

BitexPRO’s development in the European, Asian and CIS markets will enable ZENEX to gain strong infrastructural support in the international financial space and dynamically gain a foothold among the world’s top crypto-assets.

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Gagandeep singh

International BTC BNB BTMX Trader 💯% 💯% 💯%💯% Follow Back Belong To India 🇮🇳