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Cryptocurrency

The curious case of Bitcoin mining in Pakistan

Recent media reports have highlighted the allocation of 2000 MW of power for Bitcoin (BTC) mining. In a country like...

Updated 16 Jun, 2025 04:36pm

Pakistan’s commitment to digital assets, economic innovation: meeting held

ISLAMABAD: In a bold demonstration of Pakistan’s commitment to digital assets and economic innovation, Minister for...

Updated 16 Jun, 2025 01:42pm

World

Trump reports more than $600mn in income from crypto, golf, licensing fees

Donald Trump reported more than $600 million in income from crypto, golf clubs, licensing and other ventures in a...

Published 14 Jun, 2025 10:52am

Business & Finance

Societe Generale becomes first major bank to launch dollar-pegged stablecoin

PARIS: France’s Societe Generale said on Tuesday it plans to launch a publicly tradable, dollar-backed stablecoin...

Published 10 Jun, 2025 05:39pm

Business & Finance

PHMA slams plan of distributing 2,000MW power to Bitcoin mining

LAHORE: The government’s proposed plan of distributing 2,000 megawatts of excess power to Bitcoin mining and...

Updated 07 Jun, 2025 06:24am

Markets

UK to end ban on retail investors buying crypto exchange-traded notes

LONDON: Britain’s financial regulator is to remove a ban on consumers buying crypto exchange-traded notes (ETNs),...

Published 06 Jun, 2025 04:16pm

Opinion

Cryptocurrency’s future in Pakistan

Legalization of cryptocurrency in Pakistan has evolved into a complex legal and financial dilemma. The Government of...

Updated 06 Jun, 2025 05:24am

Pakistan Crypto Council reviews progress on digital assets regulatory framework

ISLAMABAD: A follow-up meeting of the Pakistan Crypto Council (PCC) was held Thursday at the Finance Division to...

Updated 06 Jun, 2025 09:48pm

Technology

Pakistan, US explore strategic alignment on crypto, blockchain in White House meeting

Bilal Bin Saqib, Pakistan’s Minister of State for Crypto & Blockchain and CEO of the Pakistan Crypto Council...

Published 04 Jun, 2025 10:45am

Technology

Coinbase breach linked to customer data leak in India, sources say

WASHINGTON: Cryptocurrency exchange Coinbase knew as far back as January about a customer data leak at an...

Published 03 Jun, 2025 09:44pm

Business & Finance

Dubai’s first tokenised real estate project signals ‘major transformation’ for property sector

Initiative allows buyers to own a share in a prime real estate project in Dubai through blockchain-based tokens, starting from AED 2,000

Updated 03 Jun, 2025 11:25am

Business & Finance

Regulatory framework for digital, virtual assets discussed

ISLAMABAD: A high-level meeting of the Pakistan Crypto Council (PCC) was held on Monday at the Finance Division,...

Published 03 Jun, 2025 06:14am

Markets

Pakistan Crypto Council agrees on technical committee for draft laws, regulatory framework

Finance Minister Aurangzeb chairs high-level meeting attended by PCC chief, SBP governor, SECP chairman, and others

Updated 02 Jun, 2025 11:23pm

Editorials

Legal gaps in crypto adoption

EDITORIAL: Pakistan’s push to embrace cryptocurrency has seen the government take a host of measures over the last...

Published 02 Jun, 2025 06:12am

No legal framework exists: FIs must avoid deals involving VAs: SBP

KARACHI: The State Bank of Pakistan (SBP) on Friday said it has directed financial institutions to refrain from...

Updated 31 May, 2025 03:30pm

Business & Finance

Pakistan Crypto Council’s meeting on Monday

ISLAMABAD: The Pakistan Crypto Council will convene a high-level meeting on Monday, 2nd June 2025, to be chaired by...

Published 31 May, 2025 05:56am

Markets

SBP says collaborating with Pakistan Crypto Council on regulatory framework for virtual assets

The State Bank of Pakistan (SBP) on Friday clarified that it was collaborating with the Pakistan Crypto Council...

Published 30 May, 2025 09:48pm

Markets

Pakistan Crypto Council to discuss digital asset rules in upcoming meeting

Establishment of Pakistan Virtual Assets Regulatory Authority to also be discussed

Updated 30 May, 2025 07:58pm

BR Research

Policies go dumb and dumber

The Government of Pakistan has recently allocated 2,000 MW of electricity to support Bitcoin mining and AI data...

Updated 30 May, 2025 08:18am

SBP, Finance ministry inform NA body: ‘Cryptocurrency is not legal in Pakistan’

Preliminary work done regarding cryptocurrency, but need proper legal framework, ministry secretary says

Updated 30 May, 2025 03:59pm

Technology

Bitcoin Vegas in US: Pakistan unveils first govt-led Bitcoin reserve

ISLAMABAD: Minister for Crypto & Blockchain Bilal Bin Saqib on Thursday announced Strategic Bitcoin Reserve at...

Published 30 May, 2025 06:03am

Perspectives

Pakistan’s bold crypto mining gambit

Pakistan’s ambitious plan to allocate 2,000 megawatts (MW) of surplus electricity to Bitcoin mining and AI data...

Published 29 May, 2025 05:19pm

Markets

US banks tiptoe toward crypto, awaiting more green lights from regulators

Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger...

Published 28 May, 2025 05:37pm

Markets

Trump Media to raise $2.5 billion to invest in bitcoin

Trump Media and Technology Group will raise about $2.5 billion to invest in bitcoin, U.S. President Donald Trump’s...

Published 27 May, 2025 07:22pm

Blockchain and Cryptocurrency: Bilal made special assistant to PM

ISLAMABAD: In a bold move to ride the crypto wave, Prime Minister Shehbaz Sharif on Monday named UK-based...

Updated 27 May, 2025 08:53am

Ministry launches strategy to regulate digital assets

ISLAMABAD: In a landmark move to embrace the future of finance, the Ministry of Finance has announced the initiation...

Updated 22 May, 2025 08:50am

Technology

Pakistan establishes Digital Assets Authority to regulate crypto, blockchain

In a key development, the Ministry of Finance on Wednesday unveiled a comprehensive strategy to regulate digital...

Published 21 May, 2025 12:56pm

World

France summons cryptocurrency businesses after kidnappings

PARIS: The French interior minister said Wednesday he will meet with cryptocurrency professionals to discuss how to...

Published 14 May, 2025 07:46pm

Markets

Bitcoin retakes $100,000 on global trade deal optimism

NEW YORK/LONDON: Bitcoin topped $100,000 on Thursday for the first time since early February, bolstered by a...

Published 09 May, 2025 08:12am

Opinion

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 18	283.63
USD PKR Interbank Buying / Jun 18	283.43
USD to Japanese Yen / Jun 18	144.98
USD to Swiss Franc / Jun 18	0.82
Pound Sterling to USD / Jun 18	1.35
Euro to USD / Jun 18	1.15
UK LIBOR % / Jun 17	4.96

Stock	Volume
S&P 500 / Jun 17	5,982.72
Nasdaq / Jun 17	19,521.09
Dow Jones / Jun 17	42,215.80
India Sensex / Jun 18	81,296.14
Tokyo Nikkei / Jun 18	38,885.15
Hang Seng / Jun 18	23,694.84
FTSE 100 / Jun 18	8,846.17
Germany DAX 30 / Jun 18	23,428.07
France CAC40 / Jun 18	7,690.56

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 17	16,785
Gold 10 Grams PKR / Jun 17	309,756
Petrol/Litre / Jun 18	258.43
Crude Oil USD/Barrel / Jun 18	74.83
Gold Spot USD/Ounce / Jun 18	3,381.83
Diesel/Litre / Jun 18	262.59
Cotton US¢/pound / Jun 18	67.70

Gainers
Losers
Leaders

Stock	Price
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	4.87 ▲ 1 (25.84%)
Cresent Jute / Jun 18 Crescent Jute Products Limited(CJPL)	6.40 ▲ 0.83 (14.9%)
Siddiqsons Tin / Jun 18 Siddiqsons Tin Plate Limited(STPL)	6.89 ▲ 0.75 (12.21%)
Service Textile / Jun 18 Service Industries Textiles Limited(SERT)	19.67 ▲ 1.79 (10.01%)
Rupali polyester / Jun 18 Rupali Polyester Limited(RUPL)	20.34 ▲ 1.85 (10.01%)
Haseeb Waqas / Jun 18 Haseeb Waqas Sugar Mills Limited(HWQS)	12.10 ▲ 1.1 (10%)
Kohinoor Mills / Jun 18 Kohinoor Mills Limited(KML)	44.46 ▲ 4.04 (10%)
Leather Up Ltd. / Jun 18 Leather Up Limited(LEUL)	32.23 ▲ 2.93 (10%)
Hinopak Motor / Jun 18 Hinopak Motors Limited(HINO)	451.03 ▲ 41 (10%)
Zahid Jee Textile / Jun 18 Zahidjee Textile Mills Limited(ZAHID)	36.08 ▲ 3.28 (10%)

Stock	Price
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.18 ▼ -0.7 (-18.04%)
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	2.88 ▼ -0.43 (-12.99%)
First IBL Mod. / Jun 18 First IBL Modaraba(FIBLM)	4.21 ▼ -0.62 (-12.84%)
First Treet Manuf / Jun 18 First Treet Manufacturing Modaraba(FTMM)	4.91 ▼ -0.61 (-11.05%)
Tariq Corp.Pref. / Jun 18 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.94 ▼ -0.98 (-10.99%)
Gulistan Sp. / Jun 18 Gulistan Spinning Mills Limited(GUSM)	8.30 ▼ -0.98 (-10.56%)
Sardar Chemical / Jun 18 Sardar Chemical Industries Limited(SARC)	69.39 ▼ -7.71 (-10%)
PIA Holding Co.B / Jun 18 PIA Holding Company Limited B(PIAHCLB)	13,770.20 ▼ -1529.97 (-10%)
Pakgen Power / Jun 18 Pakgen Power Limited(PKGP)	213.65 ▼ -23.74 (-10%)
Baba Farid Sugar / Jun 18 Baba Farid Sugar Mills Limited(BAFS)	55 ▼ -6.01 (-9.85%)

Stock	Volume
WorldCall Telecom / Jun 18 Worldcall Telecom Limited(WTL)	110,698,161 ▼ -0.11
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	51,711,290 ▲ 1
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	40,869,408 ▼ -0.7
Sui South Gas / Jun 18 Sui Southern Gas Company Limited(SSGC)	35,689,384 ▼ -0.62
TPL Properties / Jun 18 TPL Properties Limited(TPLP)	26,132,805 ▲ 0.34
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	22,498,201 ▼ -0.43
PIA Holding Co.Ltd / Jun 18 PIA Holding Company Limited(PIAHCLA)	19,254,790 ▼ -1.85
Secure Logistics / Jun 18 Secure Logistics Group Limited(SLGL)	18,115,203 ▼ -0.95
First Dawood Prop. / Jun 18 First Dawood Properties Limited(FDPL)	17,153,517 ▲ 0.09
Invest Bank / Jun 18 Invest Capital Investment Bank Limited(ICIBL)	17,046,495 ▼ -0.72

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