Trends - Digital Assets - Business Recorder

Digital Assets

PCC & the new economic arms race

The world is changing fast – Trump is isolating the US from its former allies, withdrawing from multilateral...

Published 27 Apr, 2025 06:08am

Markets

Pakistan, Malaysia explore digital finance alliance

Pakistan Crypto Council (PCC) CEO Bilal Bin Saqib met Malaysia’s Foreign Minister Mohamad Bin Haji Hasan to explore...

Updated 22 Apr, 2025 07:30pm

Opinion

Pakistan’s roadmap to crypto legalization–II

The establishment of a regulatory framework for cryptocurrencies in Pakistan necessitates a structured and phased...

Updated 23 Mar, 2025 07:10am

Business & Finance

Pakistan Crypto Council officially launched

ISLAMABAD: The Pakistan Crypto Council (PCC) has officially been launched, marking a significant step in the...

Published 15 Mar, 2025 05:57am

Markets

Recognising crypto as strategic asset in Pakistan top priority, says advisor

Pakistan’s chief crypto advisor Bilal bin Saqib has said that the Pakistan Crypto Council recognises the country’s...

Updated 07 Mar, 2025 10:21pm

Editorials

Should we embrace digital assets?

EDITORIAL: The evolution of digital assets extends far beyond crypto currencies, and their adoption is rapidly...

Updated 04 Mar, 2025 07:02am

Policy oversight, regulatory framework: Govt to mull setting up of ‘crypto council’

ISLAMABAD: The government will consider establishing a National Crypto Council, which will serve as a dedicated...

Updated 26 Feb, 2025 09:30am

Markets

Govt to consider establishing National Crypto Council, says Finance Division

Finance Minister Aurangzeb chairs high-level meeting on digital assets

Published 25 Feb, 2025 11:01pm

World

Standard Chartered starts custody services for digital assets in the UAE

DUBAI: Standard Chartered said on Tuesday it had begun offering digital asset custody services in the United Arab...

Published 10 Sep, 2024 03:39pm

Markets

UAE’s central bank pilots central bank digital currencies transactions

DUBAI: The Central Bank of the United Arab Emirates (CBUAE) said on Wednesday it has completed the world’s largest...

Published 26 Oct, 2022 07:26pm

Markets

Sudden crypto drop sends bitcoin to three-week low

SINGAPORE: Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week...

Published 19 Aug, 2022 05:35pm

Markets

Iran makes first import order using cryptocurrency

DUBAI: Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency...

Published 09 Aug, 2022 05:17pm

Markets

Lured by its 'openness', PwC crypto head to establish digital assets fund in Dubai: report

Nine Blocks Capital Management has been granted provisional regulatory approval

Published 04 Aug, 2022 08:55pm

Life & Style

Artist Adeel uz Zafar opens up about current art trends, NFTs

Says framework to support and regulate digital art needs to be introduced

Updated 15 Jul, 2022 06:00pm

Business & Finance

Russia’s Sberbank executes first digital asset issue on its platform

MOSCOW: Russia’s dominant lender Sberbank on Saturday said it had carried out the first digital financial asset...

Published 09 Jul, 2022 06:10pm

Markets

Crypto lender Voyager Digital files for bankruptcy

U.S. crypto lender Voyager Digital said on Wednesday it had filed for bankruptcy, becoming another casualty of a...

Published 06 Jul, 2022 05:26pm

Markets

EU agrees rules to tame ‘Wild West’ crypto market

LONDON: Cryptocurrency companies will need a licence and customer safeguards to issue and sell digital tokens in the...

Published 01 Jul, 2022 07:26pm

Business & Finance

Asian wealth managers seen wary of digital assets despite soaring demand

SINGAPORE: Wealth managers in Asia are holding back from offering digital assets to investors despite soaring demand...

Published 07 Jun, 2022 05:47am

Life & Style

To use rather than collect, the second coming of NFTs

NEW YORK: NFTs have been called everything from fads to outright scams, but early adopters see a future for them as...

Published 24 May, 2022 01:07pm

Markets

Nigeria’s markets regulator publishes rules on crypto assets

LAGOS: Nigeria’s markets regulator has published a set of regulations for digital assets, signalling Africa’s most...

Published 14 May, 2022 07:27pm

Business & Finance

TPL Insurance enters into agreement with Finnfund

KARACHI: TPL Insurance Limited has announced that the company has entered into a Share Subscription Agreement and a...

Published 16 Apr, 2022 04:10am

Markets

Meta to take nearly half of sales made by its metaverse creators as fees

Facebook parent Meta Platforms will charge creators around 47.5% on sales of digital assets and experiences made...

Published 13 Apr, 2022 08:22pm

World

Thailand to relax tax rules for digital assets

BANGKOK: Thailand plans to ease tax rules for investments in digital assets, a finance ministry official said on...

Published 28 Jan, 2022 05:15pm

Markets

Thai central bank says doesn't support digital assets as payments

BANGKOK: Thailand's central bank on Wednesday warned companies about accepting digital assets as payment for goods...

Published 01 Dec, 2021 05:25pm

Markets

TP ICAP to launch crypto trading platform

LONDON: TP ICAP, the world's biggest interdealer broker, is launching a cryptocurrency trading platform with ...

Published 05 Jul, 2021 04:57am

Markets

Bitcoin tumbles 10pc in wake of deepening China crackdown

Bitcoin falls almost 10%, down 20% in last six days
Ether, smaller coins tumble as well as China mining crackdown spreads to Sichuan

Updated 21 Jun, 2021 06:02pm

Markets

Bitcoin, other cryptocurrencies suffer hefty losses

TOKYO/LONDON: Bitcoin and other cryptocurrencies suffered hefty losses on Friday on concern that US President Joe...

Published 24 Apr, 2021 03:21am

Markets

Bitcoin tumbles after Turkey bans crypto payments citing risks

The decision could stall Turkey's crypto market, which has gained momentum in recent months as investors joined the global rally in bitcoin, seeking to hedge against lira depreciation and inflation that topped 16% last month.
In a statement, the central bank said crypto assets were "neither subject to any regulation and supervision mechanisms nor a central regulatory authority", among other security risks.

Published 16 Apr, 2021 06:27pm

Business & Finance

Baby boomers next to jump into crypto

LONDON: Wealthy baby boomers will be the next generation to jump into cryptocurrencies as they become more...

Published 29 Mar, 2021 06:05am

Business & Finance

BNY Mellon invests in cryptocurrency storage firm Fireblocks

BNY Mellon's investment was part of a $133 million funding round that also saw participation from hedge fund Coatue Management, investment firm Ribbit Capital, growth equity firm Stripes and SVB Capital.
Fireblocks has a presence in Europe, Asia and North America, with customers including banks, neobanks, exchanges, hedge funds and market makers.

Published 18 Mar, 2021 05:40pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 11	252.63
Diesel/Litre / May 11	256.64

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,517,642 ▲ 0.05

Markets →

Budget 2024-25: income tax calculator for FY25

Digital Assets

Most Popular