TLDR
- The United States-based cryptocurrency firm and exchange Coinbase has secured restricted dealer licenses in Canada, doubling on global expansion amid a regulatory crackdown.
- NuggetRush’s presale heads for the $4 million mark as investors rush its launchpad round just before it goes live.
- The meme coin’s allure comes from its use cases—P2E gameplay, social impact, various rewarding avenues, and stringent security measures.
Coinbase has registered as a restricted dealer under the Canadian Securities Administrators (CSA). According to CSA, restricted dealer registration is a special type of dealing registration for firms that do not neatly fall into any other category. International dealers are not allowed to trade with Canadian customers in equity or debt securities of Canadian issuers other than government issuers.
According to the new requirements, local crypto trading platforms should comply with stricter custody standards, limitations on leveraging, and a prohibition on trading stablecoins without obtaining prior written consent from the CSA. In light of growing crypto regulatory measures, the spotlight turns toward projects like NuggetRush (NUGX) at the intersection of blockchain innovation, profitability, and security. This new meme coin has seen rising momentum since the start of its presale, selling about 271 million tokens so far.
This article details NuggetRush’s ongoing blockchain ICO as it witnesses a massive influx.
NuggetRush (NUGX): Secure And Exciting DeFi Adoption
NuggetRush goes beyond the meme coin status with its innovative Play-to-Earn gaming model, GameFi, and NFT (non-fungible token) owning and staking feature, attracting significant attention from investors. NuggetRush is one of the best altcoins that offers an exciting NFT-packed mining game experience. The platform also facilitates easy trading of game assets, while its token holders benefit from active community participation and the social allure of meme coins.
NuggetRush has completed its presale. Also, NuggetRush aims to reach a market capitalization of $100 million, making it one of the top altcoins with the capacity for success.
NuggetRush is one of the highly anticipated launches in the meme coin sector. Rising interest in the presale saw it blast through the $3.75 million milestone, selling nearly 271 million tokens.
Transparency and community-driven governance are at the core of NUGX’s ecosystem. Its smart contract has undergone a comprehensive audit by SolidProof, a respected cybersecurity firm, ensuring stringent security measures are in place. Also, the smart contract will be renounced post-launch, giving full control to the RUSHGUILD members – a truly decentralized approach.
As a governance token, the RUSHGUILD members also have the decision and voting rights to influence how the ecosystem and game are developed, alongside access to discounts and exclusive content. NuggetRush’s well-strategized functionalities and multiple earning schemes reflect its prospects in the fast-rising meme coin sector. These features can pave the way for a potential long-term bullish momentum for NUGX, with its DeFi coin price reaching new highs.
Conclusion
Coinbase’s expansion into Canada has cleared the hurdle of a “restricted dealer” registration. Since the country set up new crypto policies last year, this registration is a significant milestone, as it will accelerate the adoption of digital assets, foster economic empowerment, and reshape the financial system in Canada. The blockchain ICO sector also feels the regulatory checks, creating the demand for projects that promote integrity and accountability.
NuggetRush is turning heads across the crypto divide because of its tangible utility and focus on social impact, amongst other exciting and rewarding propositions. Its presale, which has sold millions of tokens, is over.