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US sanctions crypto ‘laundering’ service Tornado

WASHINGTON: The United States placed sanctions Monday on Tornado Cash, a leading “crypto mixer” for transactions in...

Published 08 Aug, 2022 09:16pm

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

Business & Finance

FTX wins full approval to operate crypto exchange in Dubai

DUBAI: Cryptocurrency exchange FTX said on Friday it was fully approved to operate its exchange and clearing house ...

Published 30 Jul, 2022 03:39am

Markets

Russia to improve crypto transaction monitoring as regulation draws closer

MOSCOW: Russia’s financial monitoring agency, Rosfinmonitoring, said on Friday it was using software to track...

Published 08 Jul, 2022 08:52pm

Markets

Bank of Spain includes Binance in its crypto registry

MADRID: The Bank of Spain has registered the local unit of the world’s largest crypto exchange Binance as a virtual...

Published 08 Jul, 2022 08:11pm

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

Opinion

Crypto lending world sways under risk and turmoil

Starting with the lofty goal of competing with traditional banks, cryptocurrency lending giants and their clients ...

Published 02 Jul, 2022 04:10am

Perspectives

Cryptocurrency woes: when the bottom gives out

Cryptocurrencies have dropped, and it has been a spectacular rout. New lows were hit by Bitcoin, the world's largest...

Updated 17 Jun, 2022 11:59pm

Markets

Crypto firm Celsius pauses all transfers and withdrawals between accounts

Cryptocurrency lending firm Celsius Network will pause withdrawals and transfers between accounts due to “extreme...

Published 13 Jun, 2022 10:49am

Markets

Bitcoin not a panacea for Africa’s economic woes: IMF

PARIS: Bitcoin is not a cure-all for Africa’s economic woes, the International Monetary Fund warned Thursday, after...

Published 28 Apr, 2022 08:57pm

Markets

10 billion reasons bitcoin could become a reserve currency

A crypto platform’s pledge to amass $10 billion worth of bitcoin to back its own “stablecoin” is firing up the...

Updated 12 Apr, 2022 09:29pm

Technology

Crypto-curious corporations struggle to find right recipe

PARIS: Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as...

Published 10 Apr, 2022 11:19am

Business & Finance

Indonesia to impose VAT, income tax on crypto assets from May

JAKARTA: Indonesia plans to charge value-added tax (VAT) on crypto asset transactions and an income tax on capital...

Published 02 Apr, 2022 04:14am

World

Global regulators monitor crypto use in Ukraine war

LONDON: Global financial regulators are closely scrutinising the use of cryptoassets during the war in Ukraine after...

Published 21 Mar, 2022 05:15pm

Opinion

Crypto provides fix for some in crisis-hit Afghanistan

In the middle of a bazaar in western Afghanistan, Arezo Akrimi takes out her smartphone and, after a few taps of the...

Published 21 Mar, 2022 06:39am

Business & Finance

Cryptocurrencies in Pakistan: looking for a balance

KARACHI: As cryptocurrencies become increasingly popular among both retail and institutional investors around the...

Updated 08 Mar, 2022 09:53am

Technology

Auctioneer Sotheby's sees double benefit to crypto wave

BARCELONA: Sotheby's auction house is almost three centuries old but its top brass want to embrace the cutting edge...

Published 03 Mar, 2022 11:06am

Markets

Crypto exchange Binance blocks Russian users targeted by sanctions

LONDON/MOSCOW: Crypto exchange Binance is blocking the accounts of any Russian clients targeted by sanctions, it ...

Updated 28 Feb, 2022 05:42pm

World

Ukraine's government raises crypto worth $8 million in crowdfunding appeal

LONDON: Ukraine's government has raised almost $8 million in cryptocurrencies after posting appeals on social media...

Published 27 Feb, 2022 07:33pm

Business & Finance

Russian authorities clash on plans for crypto regulation

MOSCOW: A simmering dispute over cryptocurrency regulation in Russia heated up on Friday as the finance ministry...

Published 19 Feb, 2022 04:15am

Opinion

The crypto reality

Alongside advancement in technology, money has also changed resulting in today’s digital currencies. Crypto...

Published 17 Feb, 2022 06:37am

Business & Finance

JPMorgan calls for regulatory quick fix for crypto hedging

LONDON: New rules are needed urgently to give banks certainty in handling cryptoassets on behalf of big customers ...

Published 16 Feb, 2022 06:20am

Business & Finance

Crypto firm BlockFi to pay $100m to settle US SEC, state charges

WASHINGTON: A subsidiary of crypto company BlockFi Inc has agreed to pay $100 million to the US Securities and...

Published 15 Feb, 2022 06:45am

Business & Finance

Head of US derivatives regulator urges key crypto role for agency

WASHINGTON: The head of the U.S. Commodity Futures Trading Commission is pushing for his agency to take on a leading...

Published 10 Feb, 2022 04:40am

Business & Finance

Crypto donations soar to groups backing Ukraine’s govt

LONDON: Bitcoin donations have soared to Ukrainian volunteer and hacking groups, some of which have supplied...

Published 09 Feb, 2022 05:46am

Business & Finance

Russia’s KoronaPay stops crypto-related transactions

MOSCOW: Russian wire transfer service KoronaPay on Tuesday said it had banned all crypto-related transactions,...

Published 02 Feb, 2022 04:45am

Business & Finance

North Korean hackers stole $400m in crypto in 2021: Chainalysis

WASHINGTON: North Korean hackers stole around $400 million worth of cryptocurrency through cyberattacks on digital...

Published 15 Jan, 2022 05:50am

Life & Style

Kim Kardashian, Floyd Mayweather sued over promotion of crypto token

LOS ANGELES: Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. are facing a lawsuit alleging the...

Published 12 Jan, 2022 11:42am

Markets

KSE-100 Index has underperformed despite record volume, IPOs

Was up only 2.0 percent in Pak Rupee term and down 8.0 percent in US$ term in 2021

Updated 01 Jan, 2022 09:24pm

Technology

Crypto exchange Binance gets in-principle nod from Bahrain

DUBAI: Binance has received in-principle approval from the Central Bank of Bahrain (CBB) to become a crypto-asset...

Published 27 Dec, 2021 02:20pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Aug 13 786 Investments Limited(786)	4.91 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 13 Al-Abbas Sugar Mills Limited(AABS)	290.00 ▼ 0.00 (0.00%)
Agro Allianz / Aug 13 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 13 Allied Bank Limited(ABL)	69.85 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 13 Abbott Laboratories (Pakistan) Limited(ABOT)	622.22 ▼ 0.00 (0.00%)
Abson Ind. / Aug 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 13 Alfalah Consumer Index ETF.(ACIETF)	8.00 ▼ 0.00 (0.00%)
Attock Cement / Aug 13 Attock Cement Pakistan Limited(ACPL)	75.88 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Aug 13 786 Investments Limited(786)	4.91 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 13 Al-Abbas Sugar Mills Limited(AABS)	290.00 ▼ 0.00 (0.00%)
Agro Allianz / Aug 13 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 13 Allied Bank Limited(ABL)	69.85 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 13 Abbott Laboratories (Pakistan) Limited(ABOT)	622.22 ▼ 0.00 (0.00%)
Abson Ind. / Aug 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 13 Alfalah Consumer Index ETF.(ACIETF)	8.00 ▼ 0.00 (0.00%)
Attock Cement / Aug 13 Attock Cement Pakistan Limited(ACPL)	75.88 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 12	216.50
USD PKR Interbank Buying / Aug 12	215.50
USD to Japanese Yen / Aug 12	133.42
USD to Swiss Franc / Aug 12	0.94
Pound Sterling to USD / Aug 12	1.21
Euro to USD / Aug 12	1.03
UK LIBOR % / Aug 12	2.32

Stock	Volume
S&P 500 / Aug 12	4280.15
India Sensex / Aug 12	59462.78
Tokyo Nikkei / Aug 12	28546.98
Nasdaq / Aug 12	13047.19
Hang Seng / Aug 12	20175.62
FTSE 100 / Aug 12	7500.89
Dow Jones / Aug 12	33761.05
Germany DAX 30 / Aug 12	13795.85
France CAC40 / Aug 12	6553.86

Item	Value
Crude Oil USD/Barrel / Aug 12	92.09
Karachi Cotton PKR/37.32 KG / Aug 12	17735.00
Gold 10 Grams PKR / Aug 12	129600.00
Gold Spot USD/Ounce / Aug 12	1802.40
Cotton US¢/pound / Aug 12	108.59

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