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 […]
cryptocurrency
Bhutan to fund Mindfulness City with crypto reserves
Bhutan said on Wednesday it will invest $1 billion from its national crypto currency reserves to develop a planned “Mindfulness City”. The project is intended to become a new economic hub for the small Himalayan kingdom. Read More: Minister urges youth to boost digital economy with crypto innovation The Buddhist-majority nation, located between India and China, is […]
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 […]
Finance Ministry enforces asset disclosure for civil servants
Pakistan has enacted legislation requiring all government employees and parliamentarians to publicly disclose their assets by December 31. Finance Minister Senator Muhammad Aurangzeb said the law fulfills IMF directives and is a practical measure, not an additional condition. He emphasized that the move strengthens transparency, accountability, and public trust in governance. Aurangzeb explained that civil […]
Bitcoin tumbles in first annual drop since 2022
Bitcoin faces its first annual decline since 2022 after a turbulent year for cryptocurrencies. October’s massive crash caused billions in liquidations and left traders uncertain. November marked the largest monthly drop since mid-2021, leaving Bitcoin hovering around $89,000. The cryptocurrency’s performance closely followed global stock markets in 2025. Analysts say retail and institutional investors linked […]
Securing Pakistan’s crypto future: how exchanges can build trust amid uncertainty
As Pakistan makes a name for itself in the world of digital finance, the use of cryptocurrencies is growing faster than regulations can keep up. According to Bilal Bin Saqib, CEO of the Pakistan Crypto Council (PCC), the country is one of the top ten in the world for using cryptocurrency, and more than 15 […]
Crypto market wipes out $1 trillion amid Bitcoin crash
NEW YORK: The crypto market has plunged sharply over the past six weeks, erasing nearly $1 trillion in value, marking one of the worst months in the history of digital assets. Read More: Bitcoin plunge deepens as crypto market crashes Bitcoin, the leading cryptocurrency, reached an all-time high of $126,000 in early October before falling to $81,000 […]
Pakistan loses $600m to illegal crypto trades
KARACHI: Pakistan has lost an estimated $600 million to illegal cryptocurrency transactions, sharply reducing the flow of dollars into the country’s banking system, industry officials said on Friday. The money, mostly routed through foreign currency accounts and then invested in cryptocurrencies, has gone untraced, raising concerns among regulators. Malik Bostan, Chairman of the Exchange Companies […]
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 […]