Dogecoin is a cryptocurrency created in 2013 as a bifurcation of the Litecoin blockchain. Its task is to conduct peer—to-peer transactions without centralized management. Earnings on the coin were not expected. The developers thought it would be a humorous parody to encourage content creators.

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Pakistan's central bank has lifted the 2018 ban on cryptocurrencies, permitting banks to open accounts for licensed virtual asset service providers, according to a Reuters report. The move represents a significant policy shift, potentially expanding opportunities in the country's digital currency market.