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Anarchy (ANA) – A Meme Cryptocurrency for a Decentralized Future, Join the Presale Now

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Anarchy (ANA) – A Meme Cryptocurrency for a Decentralized Future, Join the Presale Now

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Anarchy (ANA) is a new meme token that is racing through its presale – the project promotes decentralization and aims to build a community of loyal followers. 

By holding the $ANA token, users will be able to join a decentralized autonomous organization (DAO) and make decisions on the platform’s future.

Keep reading to learn more about this new meme token and get updated on all the presale details. 

What is Anarchy (ANA)?

The term Anarchy refers to a state of disorder where a particular community refuses to recognize the authority of centralized institutions or governments. 

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In the context of this cryptocurrency, Anarchy aims to build a decentralized future for the public due to the wrongdoings of the government and centralized institutions in the past.

For instance, Anarchy is against the high levels of the government, which have been responsible for controlling the world’s funds, resulting in inflation, bank collapses, and housing market crises. 

Similarly, the platform wants to protect privacy rights. The lack of privacy has increased with the emergence of large corporations and their interest in collecting private information and data.

The $ANA token is the native cryptocurrency of Anarchy. Built on the Ethereum blockchain, $ANA can be held to join the platform’s DAO and gain voting rights in the ecosystem.

Anarchy ultimately wants to promote free speech and give more autonomy to the public. More information on the project can be found in the Anarchy whitepaper.

Join the Anarchy DAO 

By holding $ANA tokens, platform members can access Anarchy’s decentralized autonomous organization. 

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According to the platform, this DAO focuses mainly on philanthropy and generating wealth for the internal ecosystem.

On a monthly basis, members of the DAO will vote on shaping the platform’s future. They can vote on proposals and play a valuable role in being a part of the Anarchy movement.

Furthermore, DAO members will also be able to elect the DAO ambassadors. The ambassadors are responsible for dictating the future of the project and handling its treasury.

Thus, simply holding the token gives users autonomy, as their voices will be heard within the ecosystem. Gnosis Safe will secure the DAO Treasury, as they will use multi-signature solutions.

Notably, the treasury will be funded depending on the popularity of the token. For each buy and sell transaction of the $ANA token, a 4.5% tax will be levied. 

This tax will be sent to the treasury, through which they can maintain the platform and decide the future outlook. 

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Get $ANA During the Presale Now

Interested in being a part of this decentralized revolution? $ANA is currently available to purchase during the ongoing presale. 

Currently, the token is priced at only $0.00021 during the first presale round.

$ANA has a total supply of 69.42 billion tokens. From this, 80% has been allocated for the presale. The first presale stage has allocated 10% of the total token supply.

 At the time of writing, Anarchy has managed to raise nearly $400k, selling more than 1.8 billion tokens.

By the end of the first round, Anarchy looks to raise more than $1.45 million. After the presale concludes, the token will get listed on cryptocurrency exchanges. 

The remaining 20% of the token supply will be reserved for liquidity and exchange listings.

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A successful presale could make $ANA a valuable investment, as new tokens often explode once conducting their initial exchange offering. 

To stay tuned for all the latest updates on this meme platform, join the Anarchy Telegram channel or follow the Twitter page.

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Mexico Ranks Third in Latin America for Cryptocurrency Ownership: Blockchain Trends

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Mexico Ranks Third in Latin America for Cryptocurrency Ownership: Blockchain Trends
  • Currently, 3.1 million Mexicans own cryptocurrencies such as bitcoin, ethereum, solana, dogecoin, or binance.
  • Coinbase aims to enter the Mexican market with cost-effective cryptocurrency withdrawal services, aiming for a 30% reduction.

The adoption of cryptocurrencies among Mexicans has seen substantial growth, with 3.1 million individuals owning digital assets such as bitcoin, ethereum, solana, dogecoin, or binance. This accounts for 2.5% of Mexico’s population, positioning the country as the third highest in Latin America for cryptocurrency adoption, trailing behind Brazil and Argentina. 

Globally, Mexico ranks 16th in cryptocurrency adoption, according to the Chainalysis Global Crypto Adoption Index.

“Facilitate the withdrawal of cryptocurrencies and offer services up to 30% cheaper than traditional cross-border payment methods.”

Luiz Eduardo Abreu Hadad, Sherlock Communications Researcher and Blockchain Advisor, wrote:

 “It seems that Latin America is ready to ride the crypto wave.”

Remittances have played a pivotal role in driving this adoption. In 2023, remittances sent to Mexico totaled $63.313 billion, marking a significant increase and fueling a 60% growth in cryptocurrency exchanges to local currency transactions through platforms like Bitso Business.

Continuing with the previous Crypto News Flash report, the interest in the Mexican market among crypto exchanges continues to rise. Coinbase, for instance, aims to enter the Mexican market by offering cryptocurrency withdrawal services that are up to 30% cheaper than traditional cross-border payment methods.

Luiz Eduardo Abreu Hadad, a researcher and blockchain advisor at Sherlock Communications, noted that “it seems Latin America is ready to ride the crypto wave,” reflecting the region’s growing enthusiasm for digital assets.

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Brazil leads Latin America in cryptocurrency adoption, ranking 9th globally, driven by the approval of exchange-traded funds (ETFs) for digital assets and increased acceptance of cryptocurrencies by banks.

Argentina, on the other hand, ranks second in Latin America and 15th globally for cryptocurrency adoption, with 5 million citizens owning some form of digital currency. High inflation rates and stringent capital controls have spurred this adoption among the Argentine population.

In contrast, despite El Salvador’s adoption of bitcoin as legal tender, cryptocurrency adoption has declined. The country dropped from 55th place in 2022 to 95th place in 2023 in terms of public acceptance.

In a previous Crypto News Flash report, overall, the increasing adoption of cryptocurrencies in Mexico and across Latin America underscores a growing trend influenced by economic factors like remittances, inflation concerns, and regulatory developments that shape public perception and engagement with digital assets.

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Cryptocurrency Price Today: Bitcoin Rises Above $63,000 Over The Weekend

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Cryptocurrency Price Today: Bitcoin Rises Above $63,000 Over The Weekend
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $63,000 mark over the weekend. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 49 (Neutral) out of 100, as per CoinMarketCap data. The Ethereum Name Service (ENS) token emerged to be the…
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Cryptocurrency after the European Union’s MiCA regulation | Opinion

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Cryptocurrency after the European Union’s MiCA regulation | Opinion

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial.

The Markets in Crypto-Assets Regulation (MiCA) marks a significant milestone in the European Union’s journey toward regulating the rapidly evolving crypto market. Its timeline and provisions hold immense importance for both crypto businesses and investors. As we approach crucial dates, starting with the application of stablecoin provisions from June 30, 2024, and the complete application of MiCA on December 30, 2024, the crypto landscape is undergoing a transformative phase. 

Over the next two years

MiCA’s staggered timelines and transitional periods, extending up to June 30, 2026, imply a period of fragmented implementation across the EU and European Economic Area (EEA). Jurisdictions such as Ireland (12 VASPs), Spain (96 VASPs), and Germany (12 VASPs) will grant a 12-month transitional period. In contrast, other jurisdictions will offer more extended periods, such as France (107 VASPs) with 18 months, while Lithuania (588 VASPs) will likely only grant five months. This transitional phase will prompt market consolidation as not all existing service providers will secure MiCA licenses. Many will look to capitalize on this interim period before winding down operations.

The race among EU/EEA jurisdictions to become the primary hub for crypto activities intensifies, with jurisdictions like France, Malta, and Ireland competing to take the top spot. However, regulator readiness and compliance for crypto-asset businesses pose significant challenges. Regulators are facing an adjustment period to upskill their staff to process MiCA applications, particularly in jurisdictions with high applicant volumes. The complexity of various business models, encompassing numerous products unfamiliar to regulators, exacerbates this challenge. The general lack of expertise to authorize and supervise this sector requires substantial training efforts.

Challenges for crypto businesses

MiCA, coupled with the vast array of related Level-2 measures (many of which still need to be finalized) and other applicable EU instruments such as the anti-money laundering laws, the Digital Operational Resilience Act (DORA), and the Electronic Money Directive (EMD), create a complex regulatory framework. Understanding what provisions apply to each entity type and what documentation needs to be implemented will be challenging for some.

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The delisting of crypto-assets, particularly stablecoins, from EU exchanges due to their issuers’ failure to obtain their licenses on time will pose considerable hurdles and limit the availability of certain assets for consumers.

Adapting to MiCA will strain many entities and require substantial investments in technological infrastructure. The Travel Rule, a requirement in which information must be shared between VASPs with each crypto transaction, also comes into effect at the same time as MiCA. The Travel Rule mandates that CASPs transfer a substantial amount of information about the originator. This includes their address, personal identification number, and customer identification number. In rare cases, it may even require the disclosure of the originator’s date and place of birth. This adds another layer of complexity, further highlighting the need for harmonization within the EU and solutions to comply with the Travel Rule that are interoperable and enable secure data sharing while preserving user privacy.

Key crypto market outcomes

Despite the challenges, MiCA instils confidence in EU entities due to heightened regulatory oversight, the promotion of investor protection and attracting mainstream institutional participation. Enhanced consumer protection measures mitigate risks such as fraud and hacking, fostering trust among retail clients.

MiCA’s reporting requirements will result in regulators across the EU possessing more data, empowering them to monitor market activities effectively. The ability to freely passport activities across the EU will facilitate cross-border operations and reduce regulatory fragmentation while expanding market reach.

MiCA’s prescriptive nature and all-encompassing regime set a precedent for global regulatory frameworks. Other jurisdictions are already observing and may replicate some of MiCA’s provisions and its approach, contributing to regulatory harmonization on a worldwide scale. However, concerns remain as to whether it will stifle growth and innovation and whether businesses will look to relocate to more permissive and less restrictive jurisdictions.

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Steps after MiCA

MiCA’s gaps in regulating emerging areas like true defi (the provision of financial services or issuance of financial assets without identifiable intermediaries and with no single point of failure), lending, and NFTs necessitate ongoing policy discussions and further regulatory measures. Reports on these aspects will inform future regulatory developments, potentially leading to a second iteration of  MiCA in at least the next four to five years or supplementary measures.

MiCA signals a new era of regulation in the crypto market, aiming to balance innovation with investor protection and market integrity. While challenges persist, MiCA lays the groundwork for a more transparent, secure, and inclusive crypto framework in the EU and beyond. As the crypto landscape continues to evolve, regulatory regimes must adapt to emerging trends and technologies, ensuring sustainable growth and fostering investor confidence.

Ernest Lima

Ernest Lima

Ernest Lima is one of the founding Partners at XReg Consulting and a qualified lawyer with over 17 years of experience working in financial services regulation. As XReg’s legal and regulatory policy lead, he is highly experienced in the design, development, and implementation of crypto legislative frameworks that meet both global and local policy objectives. At XReg, Ernest leverages in-house expertise on Europe’s Markets in Crypto-Assets (MiCA) Regulation to advise European clients or those looking to enter the European market. He also leads engagement with European public sector officials and National Competent Authorities in their transition to MiCA compliance. Ernest has also spoken at industry conferences and trained international regulatory authorities on Europe’s MiCA regulation and how it will shape the future of crypto’s international regulatory landscape. He also sits on the Financial Markets Law Committee to address issues arising from using cryptoassets and DLT.

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