Crypto On LYO: The Blend — Bitcoin Could Hit $100,000 by the end of 2024, Ukraine to Adopt EU’s New Crypto Regulations, LYOPAY Pro Is Now Live

What happened in the crypto world in the last week? Let’s see some interesting news together!

LYOPAY Pro Is Now Live

LYOPAY Pro, the premium version of the LYOPAY app, has finally launched. It boasts an intuitive and user-friendly interface. Not to mention new features such as payment cards, multi-currency banking wallets, benefits like concierge service, travel packages, and premium rewards.

You can purchase four types of cards that LYOPAY Pro offers that come in standard polycarbonate, aluminum, gold plated, and solid gold. Moreover, they can be connected to your Google Pay, Samsung PAy, and LYOPAY Pro fiat wallets.

Create an account now and buy your first LYOPAY Pro card!

Bitcoin Could Hit $100,000 by the End of 2024, According to Standard Chartered

According to a note published by Standard Chartered on Monday, the value of Bitcoin may reach $100,000 by the end of 2024.

Standard Chartered analyst Geoff Kendrick stated that the collapse of U.S. lenders such as Silicon Valley Bank has strengthened the case for Bitcoin as a “decentralised, trustless and scarce digital asset.” Kendrick explained that the much-anticipated “crypto winter” is now over, and he believes that Bitcoin will outperform due to the current stress in the traditional banking sector.

He also stated that BTC’s share of the total digital assets market cap could increase to 50-60% in the coming months from its current 45%.

Ukraine to Adopt EU’s New Crypto Regulations

Following the passage of the Markets in Crypto-Assets (MiCA) regulation by the European Parliament, Ukrainian authorities have announced their intention to adopt the EU’s MiCA regulations on crypto assets.

Yaroslav Zheleznyak, the deputy chairman of the Tax Committee of Ukraine, stated on his Telegram channel on April 20 that they are working with colleagues from the National Commission on Securities and the Stock Market to implement some provisions of MiCA and make crypto assets legal in Ukraine.

Yuriy Boyko, a member of the NKCPFR, expressed confidence that Ukraine would be among the first countries to incorporate MiCA into national legislation. The introduction of MiCA is a significant development for the cryptocurrency industry in the European Union.