MiamiCoin raises regulatory concerns after value nosedives more than 90%

MiamiCoin, a cryptocurrency built for Miami, is down more than 90% since its launch in 2021, which has given rise to regulatory concerns, according to a Quartz report. The post MiamiCoin raises regulatory concerns after value nosedives more than 90% appeared first on CryptoSlate.

Timeline of Miamicoin

MiamiCoin and NewYorkCoin have both declined significantly from their all-time highs in the current bear market. MiamiCoin, which is better known, has dropped about 92% from its peak value in September.

Both MiamiCoin and NewYorkCoin are down from their peak values in the current bear market. MiamiCoin, the more well-known of the two, is down about 95% from its peak value in Sept.