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CRYPTO

Minister urges youth to boost digital economy with crypto innovation

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Minister of State for Crypto & Blockchain and CEO of the Pakistan Crypto Council (PCC), Bilal Bin Saqib, emphasized on Friday the importance of Pakistan’s youth stepping up as leaders in the digital economy, leveraging robust government support and cutting-edge crypto platforms to build lasting economic empowerment. Bin Saqib, speaking exclusively to a private news […]

Trump opens 401k plans to crypto and private equity

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President Donald Trump has signed an executive order allowing 401k retirement plans to include cryptocurrencies and private equity. The move could reshape how $9 trillion in retirement savings are invested. About 90 million Americans use 401k plans, which usually focus on stocks and bonds. This order directs regulatory agencies to review and relax rules, making […]

Dubai takes off with crypto: Fly & shop using digital currency

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Dubai is stepping into the future of travel and shopping. Emirates Airline and Dubai Duty Free have partnered with Crypto.com. This move will let passengers pay for air tickets and shopping using digital currencies like Bitcoin. The new payment system is expected to be fully launched by next year, offering travelers more flexibility and modern […]

Bilal Bin Saqib to lead Pakistan’s blockchain, crypto future as SAPM

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Prime Minister Shehbaz Sharif has appointed Bilal Bin Saqib as his special assistant on blockchain and cryptocurrency, Sharif’s office announced on Monday, as Islamabad eyes a shift to digital economy. The move positions Pakistan among a handful of nations, including the United States, the United Arab Emirates and El Salvador, which have dedicated blockchain and […]

Pakistan embraces bitcoin mining and AI data centres with surplus power

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Pakistan is shifting its focus towards Bitcoin mining and AI data centres. The country plans to use surplus electricity for these ventures. Bilal Bin Saqib, the head of Pakistan’s Crypto Council, announced that discussions with mining firms are already underway. This move aims to address challenges in the energy sector, including high electricity tariffs and […]

Binance pulls out of Canada amid new crypto regulations

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Binance said on Friday it was withdrawing from Canada, weeks after the country issued a series of new guidelines for cryptocurrency exchanges including investor limits and mandatory registrations. Canada has tightened regulations for crypto asset trading platforms in recent months, with the introduction of a pre-registration process. The companies that do not adhere to the […]

Dubai crypto regulator awards first broker-dealer MVP operational license

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DUBAI: BitOasis, a Middle East-focused crypto exchange based in the United Arab Emirates, has received the first broker-dealer minimum viable product operational license from Dubai’s crypto regulator, the company said on Monday. Dubai’s Virtual Asset Regulatory Authority (VARA) was formed in March 2022 to regulate the emerging virtual asset sector in the emirate, as the […]

Cryptoverse: Investors pick their AI race horses

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April 25 (Reuters) – What do you get when you cross cryptocurrencies with artificial intelligence? A seemingly sentient bitcoin that codes itself in the style of Japanese haikus? Alas not, though you do get billions of dollars of trading in a new class of crypto tokens. The machine mania sweeping the tech world amid the […]

Fed’s Barr says crypto needs ‘guardrails’ to realize benefits

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WASHINGTON, March 9 (Reuters) – The top regulatory official for the U.S. Federal Reserve said cryptocurrency technology still could have “potential transformative” effects on the financial system, but needs “guardrails” to realize them. Fed Vice Chair for Supervision Michael Barr said recent turmoil in crypto markets make clear the sector could still pose a risk […]