State Bank of Pakistan (SBP) has shown no sign of any flexibility to allow any institution to roll out their… Read More
Crypto Firm KuCoin Enjoys Solid Start to 2023 Despite Global Liquidity Crunch
Global crypto exchange firm KuCoin has enjoyed a solid start to 2023, with its user base going up by 26… Read More
Crypto Trading in Pakistan Rises Rapidly in 2023 Amid Rupee Depreciation
While Pakistani authorities said on May 17 that they’re working to get cryptocurrencies banned in the country, a survey by… Read More
SBP Has No Data on Cryptocurrencies Traded by Pakistanis
The State Bank of Pakistan (SBP) has informed the higher authorities that it does not maintain any data regarding cryptocurrencies… Read More
Potential of Cryptocurrencies for Boosting E-commerce Growth in Pakistan
Pakistan’s e-commerce market size reached $2.1 billion in 2020, showing a growth of 35% compared to the previous year. Recent… Read More
Bitcoin Hits $30,000 for the First Time in 10 Months
Bitcoin (BTC) crossed $30,000 for the first time since June 2022 as the flagship cryptocurrency continued its rally which has… Read More
Cryptocurrency isn’t Useful For Us: Nvidia CTO
Although Nvidia’s powerful processors are selling in huge quantities to the cryptocurrency sector, the US chipmaker has stated that cryptocurrencies… Read More
PBA, Avanza Ink Deal to Develop Pakistan’s First Blockchain-Based Banking Platform
The Pakistan Banks’ Association (PBA) has signed a project agreement with the Avanza Group to develop and implement the country’s… Read More
Crypto Giant Binance is Suspending US Dollar Transfers
Binance, the largest cryptocurrency exchange, announced on Monday the suspension of US dollar deposits and withdrawals without specifying the reason.… Read More
Islamabad’s Businessmen Want Investors to Convert Profits Into Crypto Assets
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Thursday recommended Assets Declaration Scheme to encash windfall gains in cryptocurrencies.… Read More
Pakistani Trader Under Investigation for Money Laundering of Millions Through Cryptocurrency
The Federal Investigation Agency’s (FIA) Khyber Pakhtunkhwa (KP) Zone has launched an investigation into the province’s first money laundering case… Read More
Crypto Assets to Generate Over $100 Billion in Pakistan in Next 20 Years
The potential of crypto assets in Pakistan can generate over $100 billion in total income for technology talent over the… Read More