Can New Cryptocurrencies Fend off Regulatory Pressure with New Security Initiatives?
The crypto market has faced a growing concern over security threats, with numerous altcoins falling under the control of dubious entities using pump-and-dump schemes. Consequently, regulators have intensified their scrutiny of cryptocurrencies. In the UK, the Treasury Committee has been called upon to oversee the regulation of crypto retail trading and establish a specialised branch of UK Crypto Laws.
It is important to note that the regulatory efforts are said to not be aimed at stifling the crypto market but rather at introducing a robust framework that addresses harmful practices while fostering an environment where sustainable and reliable cryptocurrencies can thrive.
”While we support financial innovation where there are potential benefits, the extent of the benefits crypto-asset technologies may bring to financial services in the future—and the areas in which the technologies may have the most impact—remains unclear. In the meantime, the risks posed by crypto assets to consumers and environment are real and present.” – UK Parliament
The intention is to clean up the crypto industry and create an environment that encourages more attention towards stable coins like Big Eyes Coin (BIG). This particular project aims to revolutionise the crypto industry by championing ethical and sustainable practices that do not jeopardise the interests of investors or the environment.
Big Eyes Coin (BIG) presents a delightful exterior with its adorable cat-themed art, enticing users to “share the cuteness” while engaging in transactions with BIG. Beyond its charming aesthetics, this meme coin is built on the Ethereum blockchain, leveraging the energy-efficient and environmentally friendly Proof-of-Service (PoS) mechanism, setting it apart from energy-intensive cryptocurrencies like Bitcoin.
Dedicated to making a positive impact, Big Eyes Coin is not just about fun and games. A commendable 5% of the total token supply is allocated to a charity wallet that grows in tandem with BIG’s expansion. These donations are channelled towards supporting sustainable charities, particularly ocean sanctuaries, ensuring that our feline friends get their delicious fish food.
For users seeking a community-led and transparent cryptocurrency free from centralisation, Big Eyes Coin provides a sense of security and comfort. On day one of its launch, a substantial 80% of BIG tokens are held by the community, fostering a decentralised and trustworthy ecosystem. To further solidify its legitimacy, BIG has undergone thorough verification through Know Your Customer (KYC) protocols, assuring investors of a secure and reliable investment opportunity.
BIG’s Successful Presales, Driven by CEO Ahmed Yalom
BIG’s journey to success began with a well-executed and highly successful presale. Learning from the shortcomings of past cryptocurrencies, Big Eyes Coin made it a priority to create a stable and reliable coin that empowers the crypto community while also fostering environmental responsibility. Leveraging its PoS mechanism, BIG ensures fast and efficient transactions with low-cost fees, positioning itself as a formidable candidate for the future of stablecoins.
One of the key strengths that set BIG apart is its commitment to ethical practices, which helps shield it from regulatory pressures that have affected other cryptocurrencies. By adhering to responsible principles and aligning with sustainable initiatives, BIG demonstrates a clear focus on long-term viability and resilience in an ever-evolving crypto landscape.
BIG’s successful presales can be attributed to the visionary leadership of CEO Ahmed Yalom. His strategic vision and strong belief in the project’s potential have been instrumental in driving the momentum and widespread adoption of Big Eyes Coin (BIG). Under Ahmed Yalom’s guidance, the team has meticulously planned and executed the presales, instilling confidence in investors and enthusiasts alike.
Big Eyes Coin (BIG)
Website: https://bigeyes.space/
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