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About PEN

Penguin (PEN) is a cryptocurrency launched in 2025. PEN has a current supply of 500.00M with 0 in circulation. The last known price of PEN is 0.094661977529 USD and is 0.001354689623 over the last 24 hours. It is currently trading on active market(s) with $47,794.75 traded over the last 24 hours. More information can be found at .
PEN Price Statistics
PEN’s Price Today
24h Price Change
+$0.0013546896231.45%
24h Volume
$47,794.754.90%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3413
PEN Market Cap
Market Cap
$0
Fully Diluted Market Cap
$47.33M
PEN Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
PEN Supply
Circulating Supply
0
Total Supply
500.00M
Max Supply
500.00M
Updated Feb 12, 2025 11:13 am
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PEN
Penguin
$0.094661977529
$0.001354689623(+1.45%)
Mkt Cap $0
There's nothing here for now
Bank Of England Governor Questions Role Of CBDCs In Financial Stability
Bank Of England Governor Questions Role Of CBDCs In Financial Stability
According to Odaily, Bank of England Governor Andrew Bailey expressed skepticism about the role of central bank digital currencies (CBDCs) in maintaining financial stability. During a speech at the University of Chicago Booth School of Business in London, Bailey emphasized that while financial markets are evolving, the fundamental principles of currency issuance and liquidity must remain unchanged. He noted the increasing importance of non-bank financial institutions (NBFIs) in global finance, prompting central banks to adjust their risk management frameworks. However, he clarified that this shift does not imply expanding the use of central bank funds beyond traditional banking. Bailey stated, "There is no reason to provide standing facilities for non-bank institutions as they do not create money." He further mentioned that the introduction of a digital pound would not alter the Bank of England's core approach to monetary stability, and any digital currency issued by the central bank must retain the existing financial framework. Bailey confirmed ongoing collaboration with the UK government to explore the feasibility of a digital pound. He stressed that while digital technology offers new possibilities for payments, the decision to introduce a CBDC must be based on clear economic benefits rather than speculative trends. Although he acknowledged that a digital pound could serve as an additional payment option, he cautioned against undermining the fundamental role of commercial banks as intermediaries. Bailey also highlighted that the concept of central bank liquidity must remain bank-centric. CBDCs are not intended to replace private sector financial institutions but to complement the system. His stance indicates that while the Bank of England is open to the development of digital currencies, it will not rush to introduce a CBDC or expand the adoption of stablecoins without comprehensive regulatory safeguards. In his speech, Bailey also discussed Bitcoin and stablecoins. He described Bitcoin as a purely speculative asset while recognizing that stablecoins could perform some monetary functions. However, he warned that stablecoins must meet "high standards" of regulation to operate within the payment ecosystem.
Feb 12, 2025 10:43 am

Frequently Asked Questions

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

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

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  • How much Penguin (PEN) is there in circulation?

    As of , there is currently 0 PEN in circulation. PEN has a maximum supply of 500.00M.

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  • What is the market cap of Penguin (PEN)?

    The current market cap of PEN is 0. It is calculated by multiplying the current supply of PEN by its real-time market price of 0.094661977529.

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

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

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  • Is Penguin (PEN) a good investment?

    Penguin (PEN) has a market capitalization of $0 and is ranked #3413 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 Penguin (PEN) price trends and patterns to find the best time to purchase PEN.

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