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Our platform is outside the pandemic process during the pandemic process; aims to increase cooperation and solidarity on a universal scale. Our platform will primarily help the communities of people and people who need the most help. We would like to thank our valued users around the world who supported us in our assistance project.

Covid Token (COVIDTOKEN) is a cryptocurrency launched in 2021. COVIDTOKEN has a current supply of 0 with 0 in circulation. The last known price of COVIDTOKEN is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://covidcoin.finance/.

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COVIDTOKEN Price Statistics
COVIDTOKEN’s Price Today
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COVIDTOKEN Price History
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Updated Jan 15, 2024 6:21 pm
Covid Token
Mkt Cap $0
There's nothing here for now
Meta's Diem Project Continues to Influence Stablecoin Regulation
Meta's Diem Project Continues to Influence Stablecoin Regulation
According to Bloomberg, the introduction of Meta Platforms Inc.'s Diem project, formerly known as Libra, in 2019 caused significant concern among finance officials. The project, a US-dollar stablecoin, was the first significant challenge to central bank money from digital assets. It was met with immediate and sustained criticism from global authorities until its eventual discontinuation. Diem was intended to revolutionize digital payments, but bank officials saw it as a tech company with the power to issue new money to a large user base, potentially leading to an excessive concentration of economic power. Today, the stablecoin world is in transition, with regulators still focused on preventing a future threat similar to Diem. They are often influenced by their past experiences when forming new regulations. Despite the role regulators see stablecoins playing, they require thoughtful regulation, focusing on the right risks and not allowing past reactions to Libra to unduly influence their approach. Meta's lasting impact is evident in early consultations on stablecoin regulation by the European Banking Authority, which is set to oversee the sector from July. Additionally, regulators like the Financial Stability Board, the Bank of International Settlements, and the Bank of England continue to express concerns about the potential impact of Big Tech entering the stablecoin space. Sarah Breeden, the BoE’s deputy governor, mentioned the possibility of stablecoins being used at scale for retail payments, citing PayPal’s PYUSD, which launched last August, as a clear example. Other stablecoin projects are also on the horizon, with initiatives coming from Deutsche Bank’s DWS, Galaxy Digital, and Ripple Labs.
Apr 21, 2024 7:32 pm

Frequently Asked Questions

  • What is the all-time high price of Covid Token (COVIDTOKEN)?

    The all-time high of COVIDTOKEN was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Covid Token (COVIDTOKEN) is 0. The current price of COVIDTOKEN is down 0% from its all-time high.

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  • How much Covid Token (COVIDTOKEN) is there in circulation?

    As of , there is currently 0 COVIDTOKEN in circulation. COVIDTOKEN has a maximum supply of 1.00Bn.

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  • What is the market cap of Covid Token (COVIDTOKEN)?

    The current market cap of COVIDTOKEN is 0. It is calculated by multiplying the current supply of COVIDTOKEN by its real-time market price of 0.

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  • What is the all-time low price of Covid Token (COVIDTOKEN)?

    The all-time low of COVIDTOKEN was 0 , from which the coin is now up 0%. The all-time low price of Covid Token (COVIDTOKEN) is 0. The current price of COVIDTOKEN is up 0% from its all-time low.

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  • Is Covid Token (COVIDTOKEN) a good investment?

    Covid Token (COVIDTOKEN) has a market capitalization of $0 and is ranked #5669 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Covid Token (COVIDTOKEN) price trends and patterns to find the best time to purchase COVIDTOKEN.

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