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About PUNGU

PUNGU (PUNGU) is a cryptocurrency launched in 2024. PUNGU has a current supply of 1.00Bn with 0 in circulation. The last known price of PUNGU is 0.000033442021 USD and is -0.000004922969 over the last 24 hours. It is currently trading on active market(s) with $9,312.61 traded over the last 24 hours. More information can be found at .
PUNGU Price Statistics
PUNGU’s Price Today
24h Price Change
-$0.00000492296912.83%
24h Volume
$9,312.6179.61%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#2826
PUNGU Market Cap
Market Cap
$0
Fully Diluted Market Cap
$33,442.02
PUNGU Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
PUNGU Supply
Circulating Supply
0
Total Supply
1.00Bn
Max Supply
1.00Bn
Updated Jul 16, 2024 10:45 am
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PUNGU
PUNGU
$0.000033442021
$0.000004922969(-12.83%)
Mkt Cap $0
There's nothing here for now
Hong Kong Treasury Department: Stablecoin issuers must have full reserves
Hong Kong Treasury Department: Stablecoin issuers must have full reserves
The Hong Kong Treasury Department said that in view of the important role of fiat stablecoins in the Web3 and virtual asset ecosystem, and the increasingly close connection between the traditional financial system and the virtual asset market, the SAR government needs to establish a regulatory system for fiat stablecoin issuers to regulate in a risk-based and pragmatic manner. The three main requirements include reserve management and stability mechanisms (for example, requiring issuers to ensure that fiat stablecoins are fully backed by high-quality and highly liquid reserve assets), redemption requirements, and regulatory requirements such as governance, knowledge and experience. In addition, the Hong Kong Treasury Department recommends that only licensed fiat stablecoin issuers, banks, licensed corporations, and licensed virtual asset trading platforms can sell fiat stablecoins in Hong Kong or actively promote related services to the public in Hong Kong. For existing stablecoin issuers, the proposed regulatory system will also have corresponding transitional arrangements. In addition, the Treasury Department hopes that an appropriate and internationally recommended regulatory system for fiat stablecoin issuers can provide users with sufficient protection to deal with potential risks to monetary and financial stability, so that Hong Kong's virtual asset ecosystem can develop sustainably and responsibly.
Jul 16, 2024 10:06 am

Frequently Asked Questions

  • What is the all-time high price of PUNGU (PUNGU)?

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

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  • How much PUNGU (PUNGU) is there in circulation?

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

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  • What is the market cap of PUNGU (PUNGU)?

    The current market cap of PUNGU is 0. It is calculated by multiplying the current supply of PUNGU by its real-time market price of 0.000033442021.

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  • What is the all-time low price of PUNGU (PUNGU)?

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

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  • Is PUNGU (PUNGU) a good investment?

    PUNGU (PUNGU) has a market capitalization of $0 and is ranked #2826 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 PUNGU (PUNGU) price trends and patterns to find the best time to purchase PUNGU.

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