Tag: Digital Assets

Pakistan Nears Full Licensing Framework For Virtual Asset Service Providers

Pakistan is nearing a full licensing regime for virtual asset service providers as PVARA advances its regulatory framework.

PVARA Nears Licensing Regime for Virtual Asset Service Providers

PVARA says Pakistan is moving closer to a licensing regime for virtual asset service providers focused on transparency, investor protection and regulation.

US Sanctions Iran-Linked Crypto Exchanges and Shadow Banking Networks

The US has sanctioned Iran-linked crypto exchanges and shadow banking networks over alleged money laundering and sanctions evasion activities.

PVARA Advances Licensing Regulations for Virtual Asset Service Providers

PVARA reviews progress on its regulatory framework and advances HR and licensing regulations for virtual asset service providers in Pakistan.

Lahore High Court Rules P2P Crypto Trading Alone Is Not Illegal

Lahore High Court rules that P2P crypto transactions and receiving related funds in bank accounts alone do not constitute fraud or electronic crime.

Circle Acquires IBM Blockchain Patent Portfolio to Expand Onchain Infrastructure

Circle has acquired IBM blockchain patent portfolio, adding more than 680 patent families and nearly 1,000 issued patents worldwide.

Bitget Wallet Card Introduces Cashback in Bitcoin Gold and Stocks

Bitget Wallet launches Assetback, allowing eligible card users to receive up to 3% cashback in Bitcoin, gold, tokenized stocks, ETFs or stablecoins.

FIA Launches Dedicated Crypto Investigation Unit as Pakistan Formalizes Virtual Asset Ecosystem

Pakistan Federal Investigation Agency sets up a specialized crypto unit under NC3 to tackle digital currency crimes alongside regulatory authority PVARA.

Bilal Bin Saqib Discusses Crypto Based Purchases on Shariah Status of Digital Assets

Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib held talks with Mufti Taqi Usmani on the Shariah status of cryptocurrency after a recent fatwa declared crypto purchases impermissible.

Global Banking Giants Adopt Swift Blockchain Ledger for Around the Clock Cross Border Payments

Seventeen major banks across six continents partner with Swift to test live transactions using a blockchain based shared ledger for continuous international fund transfers.

Bitcoin Halts Five Day Rally as Profit Taking Pulls Valuation to Sixty Two Thousand Mark

The leading digital currency pauses its recent winning streak due to short term investor selloffs despite posting positive metrics over weekly and monthly periods.

Binance Faces Potential European Union Market Exit As Greek Regulator Prepares To Deny Crypto License

Binance risks losing access to its European Union user base as reports surface that Greece intends to reject its critical MiCA framework license application.