Coinbase has expanded its services in India by allowing customers to trade cryptocurrencies using the Indian rupee, marking a significant step in the company’s efforts to strengthen its presence in one of Asia’s largest digital asset markets. Read More: Indian rupee crashes amid rising oil prices and outflows The US-based cryptocurrency exchange announced that users in […]
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The Bank of Punjab signs strategic MoU with stacks to advance digital remittances and financial innovation
The Bank of Punjab has entered into a strategic Memorandum of Understanding (MoU) with Stacks, marking an important step toward transforming Pakistan’s remittance landscape and strengthening the country’s digital financial ecosystem. Read More: BOP, AkzoNobel join hands to make Lahore a canvas of culture The MoU was signed by Mr. Muneeb Ali, Co founder of […]
SBP has lifted restrictions on banking services for licensed crypto currency firms
The State Bank of Pakistan (SBP) has lifted long-standing restrictions on banking services for licensed crypto currency firms, allowing them to open accounts with local banks for the first time in years. Read More: SBP opens formal banking to licensed virtual asset service providers The development was announced by Minister of State for Blockchain and Crypto […]
Pakistan evolving crypto landscape amid global power shifts
Pakistan already has widespread crypto currency adoption, particularly among young users and freelancers. Policymakers now acknowledge that leaving such a large, informal market unregulated carries serious financial and legal risks. According to Chainalysis, Pakistan ranked sixth globally for crypto adoption in 2022 and rose to third by 2025. While broader digitisation has lagged, crypto use […]
SBP steps up engagement on digital assets with PVARA
Pakistan’s push to regulate and adopt digital assets gained momentum on Thursday as the State Bank of Pakistan (SBP) held a meeting with the chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA). The engagement marked another step towards shaping a formal virtual assets framework in the country. Read More: Virtual-assets watchdog weighs withdrawing SBP’s crypto ban […]
Zong drives digital future by pioneering blockchain degree attestation system
Zong, Pakistan’s leading Information Services and Technology Innovation Company, is set to launch the nation’s first-ever Blockchain-based Degree Attestation System in a landmark strategic partnership with the Higher Education Commission (HEC). Leveraging the immense experience and technological expertise of its parent organization, China Mobile, Zong’s new system will replace legacy, paper-driven processes with a secure, […]
TRON founder Justin Sun explores Islamabad in local rickshaw
ISLAMABAD: Justin Sun, founder of the TRON blockchain network and cryptocurrency billionaire, turned heads during his visit to Islamabad when a video surfaced of him inspecting and riding a local rickshaw. The visit was at the invitation of the Pakistan Crypto Council (PCC). Read More: PCC positions Pakistan as rising force in global crypto diplomacy […]
Fauji Foundation signs LOI with Binance for blockchain collaboration
ISLAMABAD: Fauji Foundation, one of Pakistan’s largest business conglomerates, has signed a Letter of Intent (LOI) with Binance, a leading global cryptocurrency and blockchain exchange. The agreement aims to explore commercial collaboration in blockchain, cryptocurrency, payments, and the Web 3.0 ecosystem in Pakistan. Read More: Binance, HTX NOCs first step in crypto regulation, says CEO […]
Bitcoin suffers worst monthly slump since 2022 crash
Bitcoin is heading toward its steepest monthly decline since the devastating crypto meltdown of 2022, as the digital asset market reels from a sharp and widespread sell-off. The world’s largest cryptocurrency has plunged to a seven-month low, falling below $86,000 and wiping out all gains earned earlier this year. The downturn has rattled the broader […]
Ripple raises $500 million at $40 billion valuation
SAN FRANCISCO – Crypto firm Ripple has raised $500 million in a new funding round led by Fortress Investment Group and Citadel Securities, valuing the company at $40 billion, the firm announced on Wednesday. The strategic investment follows Ripple’s $1 billion tender offer earlier this year at the same valuation. The company said the fresh […]