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All Stories: crypto

Pakistan enacts Shariah-compliant blockchain, crypto law to regulate virtual assets

ISLAMABAD: The Pakistan government has formally approved the “Virtual Assets Act, 2025,” following endorsements from the Federal Cabinet, Prime Minister Shehbaz Sharif, and President...

New York Mayor backs Pakistan’s Crypto vision

ISLAMABAD: New York City Mayor Eric Adams during a meeting with Minister of State for Crypto and Blockchain, Bilal Bin Saqib on Friday, backed...

Bitcoin mining: Pakistan’s Bilal Bin Saqib meets Trump’s crypto chief

LAS VEGAS: Pakistan is committed to developing infrastructure for Bitcoin mining and establishing artificial intelligence (AI) zones, said Bilal Bin Saqib, Special Assistant to...

Bilal Bin Saqib appointed as SAPM on Blockchain and Crypto

ISLAMABAD: Bilal Bin Saqib, Chief Executive Officer (CEO) of the Pakistan Crypto Council (PCC), has been appointed as Special Assistant to the Prime Minister...

Nike sued over closure of crypto business

NEW YORK: Nike was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other cryptocurrency assets who said they suffered significant losses...

Federal govt gets two months for Cryptocurrency regulation

PESHAWAR: The Peshawar High Court (PHC) on Friday ordered federal government to complete legislation to regulate Cryptocurrency trading within two months, ARY News reported. In...

Bitcoin Hits Record High of $107,000

Bitcoin's (BTC) record rally topped $107,000 on Monday after President-elect Donald Trump reiterated that he plans to create a U.S. bitcoin strategic reserve similar...

Crypto sell-off deepens as bitcoin falls more than 15%

US-listed shares of crypto-linked companies slumped as bitcoin fell more than 15% on Monday, after weak economic data last week triggered fears of a...

Japan crypto exchange says lost $300 mn bitcoin in ‘leak’

Japanese crypto exchange DMM Bitcoin said it had lost bitcoin worth around $300 million in what it described as "an unauthorised leak" from its...

US crypto industry lobby spending on track for new record in 2023

The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair...

Crypto fund co-founder arrested, jailed in Singapore: liquidator

One of the co-founders of collapsed cryptocurrency hedge fund Three Arrows Capital has been apprehended in Singapore and jailed for four months, according to...

‘Rules leave cryptocurrency firms with no place to hide’

Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at FTX exchange and other...

Instagram, YouTube, Twitter can face regulatory action

Instagram, YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the...

Binance, US affiliate hit by net outflows of $790 mln

Investors have pulled around $790 million from the crypto exchange Binance and its U.S. affiliate in the last 24 hours, data firm Nansen said...

Blockchain CEO says default would hit crypto initially

A US government default would trigger an initial pull-back from crypto currencies followed by a "push upward" the CEO of London-based crypto firm Blockchain...

World’s first comprehensive crypto rules approved

 European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate crypto-assets on Tuesday, piling pressure...

Major crypto coins stabilise after US intervenes

Major cryptocurrencies stabilised on Monday after US authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB) and the...

US regulators warn banks over crypto risks

US bank regulators warned Tuesday that crypto assets and exposure present risks to lenders, urging organizations to ensure they manage the dangers. The joint statement...

U.S. crypto firm Nomad hit by $190 million theft

U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday, the latest such heist to hit the...

Bitcoin holds near $20,000 as investors fear “domino effect”

The cryptocurrency industry was on edge on Monday as bitcoin held just above $20,000 and investors feared that problems at major crypto players could...
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