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 […]
cryptocurrency
UN panel warns of terror groups exploiting AI and crypto
Experts at a United Nations (UN) panel hosted by Pakistan have warned that terrorist organisations are increasingly using artificial intelligence (AI), encrypted communication tools, and digital (crypto) currencies to expand their reach and evade detection, marking a major shift in the global security landscape. Read More: PSCA, UN launch campaign against gender-based violence The discussion took place […]
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 […]
SBP allows banks to open accounts for licensed crypto firms
The State Bank of Pakistan (SBP) has permitted banks and financial institutions to open accounts for licensed virtual asset service providers (VASPs), marking a significant shift in the country’s approach to digital assets and crypto currencies. Read More: Pakistan loses $600m to illegal crypto trades The move follows the enactment of the Virtual Assets Act, 2026, under […]
Pakistan boosts US ties through crypto diplomacy
Pakistan growing engagement in digital finance and crypto currency has reportedly helped improve its relations with the United States (US), with Indian media highlighting Islamabad’s evolving diplomatic strategy. Read More: Pakistan, US deepens crypto cooperation after trade deal According to The Times of India, recent praise from former US President Donald Trump for Pakistan’s leadership has added a personal […]
South Korean Bithumb accidentally gives away $40B in bitcoin
SEOUL: South Korean cryptocurrency exchange Bithumb has confirmed it accidentally distributed more than $40 billion worth of bitcoins to customers as part of a promotional reward, triggering a brief selloff on the platform. Read More: Asian investors embrace bitcoin, but regulators are wary The incident occurred on Friday, when the exchange intended to award users small […]
Bitcoin rebounds above $65K after hitting 16-month low
The world’s largest cryptocurrency, Bitcoin (BTC), has rebounded sharply after falling to $60,000, marking its lowest level in 16 months. The recovery is being driven by signs of revival in global technology stocks, which earlier in the week had triggered widespread sell-offs across risky asset classes, Reuters reported. Read More: Bitcoin plunges up to 8% in […]
Dollar shortages push crypto demand higher
As dollar shortages persist in Pakistan’s open market, demand for digital dollar alternatives has accelerated, pushing many users towards crypto rails even as formal regulation remains a work in progress. While the Pakistan Virtual Assets Regulatory Authority (PVARA) continues deliberations on detailed rules, market activity has surged outside the regulatory perimeter, often facilitated by illegal […]
Crypto hacks hit record high as losses reach $2.7bn in 2025
Cybercriminals stole an estimated $2.7 billion worth of cryptocurrency in 2025, marking the highest annual total ever recorded for crypto-related hacks, according to leading blockchain monitoring firms. The surge was driven largely by a massive breach at Dubai-based crypto exchange Bybit, which alone accounted for nearly half of the year’s losses. Read More: North Korea […]
North Korea tops Global Crypto hacks with $2 billion stolen in 2025
North Korea-linked hacking groups have stolen more cryptocurrency than any other nation in 2025, siphoning off over $2 billion as their operations became fewer but more targeted and higher impact, according to new research. Read More: US crypto expert jailed for 63 months for helping North Korea Blockchain analytics firm Chainalysis reported that from January through early December, […]