Latest UPDATES
Latest UPDATES
Bitcoin briefly fell below $30,000 (€28,400), topping the January low of $32,951 (€31,361.77). In July 2021, Bitcoin fell below that level for the first time. On Monday, Bitcoin hit its lowest level since January, as falling equity markets weighed on cryptocurrencies, which are now trading in line with so-called riskier assets like tech stocks. Pakistanis […]
During the fiscal year 2021, Pakistanis profited from cryptocurrency trading to the tune of more than $604 million (Rs. 98 Billion). US leads the market with $47 billion while India’s profits share is around $1.8 billion in 2021. While the profits appear to be substantial, they are the smallest of any country covered by Chainalysis. […]
The federal government and Pakistan’s central bank have decided to ban the use of all cryptocurrencies and take action against crypto exchanges, according to a new report. The report submitted to the Sindh High Court (SHC) on Wednesday mentaioned that the government and State Bank of Pakistan are urging an outright ban on transacting in […]
Federal Investigation Agency (FIA) Cyber Crime wing has issued a notice to crypto currency exchange Binance for their linkage with fraudulent online investment mobile applications. In a press release, the FIA said that the Cyber Crime Wing had issued an order of attendance to Hamza Khan, the general manager/growth analyst at Binance Pakistan, to explain […]
Central and Southern Asia, and Oceania (CSAO) regions have emerged as one of the fastest growing cryptocurrency markets in the world, with Asia containing the top three countries, respectively Vietnam, India, and Pakistan that have witnessing rapid crypto adoption in a year. Countries in the west and the European Union might lead crypto regulations around the world, […]